Coffee Bay to Advance Payment for Partner Companies' Goods Before Lunar New Year Holiday
[Asia Economy Reporter Moon Hyewon] Coffee Bay announced on the 24th that it will strengthen ESG management by making early payments for partner companies' goods in celebration of the Lunar New Year holiday.
The early payment plan was designed to promote mutual growth and win-win management with partner companies and to reduce their financial burden before the holiday. The early payment applies to all of Coffee Bay's partner companies, with payments originally scheduled for the 31st being moved up by 7 days to be paid in full before the Lunar New Year holiday.
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Since its brand launch, Coffee Bay has consistently practiced sharing with local communities and underprivileged groups, and recently, by strengthening ESG management, it has also focused on environmental protection and ethical management. This year, in recognition of these efforts, it received the Good Franchise award for the second consecutive year and was also selected as a ‘Excellent Win-Win Model Franchise,’ an honor given to only three outstanding brands among supported companies.
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