What is the practice called that ensures a product is acquired in a responsible and sustainable manner?

The practice referred to in the question is called ethical sourcing. This term encompasses a comprehensive approach to sourcing products in a manner that considers both ethical standards and sustainability. Ethical sourcing emphasizes fair labor practices, environmental responsibility, and supporting the communities involved in the production of goods. This means ensuring that the products are not only acquired legally but also produced under conditions that uphold human rights and contribute positively to the environment.

While other terms like responsible sourcing and sustainable acquisition also reflect important aspects of how products can be sourced, ethical sourcing specifically ties together the moral implications of sourcing decisions with an emphasis on sustainability. It encompasses a holistic view, taking into account the impacts on both people and the planet, which aligns with the values prioritized by organizations like Starbucks.