Founded in 1981,
Green
Mountain Coffee Roasters (GMCR) is a Vermont-based wholesale
coffee company with a strong commitment to ecological conservation
and social responsibility. The company reached sales in excess of
$95 million for fiscal year 2001, and roasts more than 75 high-quality
arabica coffees, including single-origin, estate, certified organic,
Fair Trade, proprietary blends, and flavored coffees. Forbes Magazine
has recognized GMCR for the past two years as one of the "200
Best Small Companies in America." In September 2000, GMCR formed
a partnership with TransFair USA to launch Fair Trade Certified
coffee.
TransFair
USA, a nonprofit organization, is the first and only third-party
certifier of Fair Trade products in the United States. The Fair
Trade Certified label guarantees that farmers receive a fair price
through direct trade, timely credit, and support for sustainable
agriculture. At today’s rock-bottom coffee prices, farmers
earn 5-6 times more through the Fair Trade price than they would
from local buyers. Fair Trade premiums are reinvested in essential
social services such as health clinics, schools, housing, technical
assistance and organic certification programs.
Consumers are looking for socially responsible products, and visionary
businesses like Green Mountain are choosing Fair Trade Certified
coffees as a way to respond to consumer purchasing trends, differentiate
their products, and win new accounts. In Green Mountain’s
first year carrying Fair Trade, their first 5 Fair Trade coffees
experienced 37% growth (pounds and sales) over what the same lines
had achieved the previous year without certification. The company
sold 872,000 pounds of Fair Trade coffee in their first year—more
than double what they had anticipated. Just last month, Portland-based
Fred Meyer, one of the largest food retailers in the US, announced
that it will offer up to 12 Green Mountain Fair Trade Certified
coffees. A Fair Trade Certified product line has also helped the
company win large institutional accounts, including several leading
universities.
Now more than ever Fair Trade certification plays a critical role
in the coffee world. While a collapse in world coffee prices over
the past five years is destroying many coffee-growing communities
and removing incentives for high quality, Fair Trade guarantees
coffee quality by ensuring that the farmers who grow the beans receive
a fair price for them.
Paul Rice, President and CEO of TransFair USA, is particularly excited
about the partnership. "Green Mountain’s commitment to
Fair Trade dramatically increased both the number of farmers that
benefit and the number of consumers that can change the world through
their choice of coffee," Rice said.
Green Mountain’s success story is featured in the new book,
“Untapped: Creating Value in Undeserved Markets,”
authored by John Wesier, a founding partner at the firm Brody
Weiser Burns; Michele Kahane, Director of Special Projects at The
Center for Corporate Citizenship at Boston College (CCCBC); Steve
Rochlin, Director of Research and Policy Development at the CCCBC;
and Jessica Landis, a Research Consultant at the CCCBC.
"Untapped"
was recently named to the Harvard Business Review Reading List for
2006. Visit
www.untappedbook.com
for more information and
Berrett-Koehler
Publishers to purchase your copy of this book.
For more information, please contact Rick Peyser at
rick.peyser@gmcr.com.
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