Starbucks stock gained 5% on Thursday after Chief Executive Howard Schultz announced a plan to make the coffee chain more environmentally friendly.
The stock rose 2% to $76.87.
Shares rose more than 8% over the same period a year ago.
Schultz said he wanted to reduce the company’s greenhouse gas emissions to 50% below 2005 levels by 2020.
Starbucks also has been making strides toward reducing the impact of climate change in the U.S.
The company said it plans to invest $2 billion in green technology in the coming years.
Starbuck stock gained 10% to a new record high on Thursday.
The stock is up more than 30% since its low of $57.70 in June 2017.
Starburst has grown steadily since its IPO in 2014.
Starbucks currently has over 30,000 stores in the United States and Canada.
Shares of the company have also gained more than 100% in the past year.