Description: A&W appears to be taking a lead in environmental action by bringing to market an exchangeable beverage container through its new One Cup program. For a small $3 fee, the customers can receive this reusable cup that can be exchanged for a clean one each time they order their favourite A&W beverage. In addition, using the exchangeable cup also nets the customer a 20% discount. It’s all part of an effort to reduce the one billion cups hitting landfills in Canada each year from food vendors. A&W had shown similar leadership on this last year when it introduced a rather strange looking lidless cup suitable for composting. https://www.newswire.ca/news-releases/weird-looking-world-changing-a-amp-w-launches-canada-s-first-lidless-fully-compostable-coffee-cup–882596624.html
Date: October 16, 2023
1) What do you think about this new A&W xchangeable cup? Would you be willing to put your $3 down to join the program?
2) As someone looking forward to a career after graduation, does your potential employer’s environmental footprint have any influence on which company you might choose to work for?
3) Page 6-25 of Wiley’s Financial Accounting: Tools for Business Decision-Making discusses Lululemon’s voluntary reporting on how climate risk can impact its financial statements. The section notes that many companies do not have this type of voluntary disclosure on risks associated with client change. Do you feel that public companies should be required to report this type of information?