The topic is often taboo in corporate America, but over the past few months, the company has held open forums for workers to talk about race. They have taken place in cities where racial tensions have recently run high, including Oakland, Los Angeles, St. Louis, New York and Chicago, as well as at corporate headquarters in Seattle.
The forums are "not to point fingers or to place blame, and not because we have answers, but because staying silent is not who we are," Schultz said.
He wants the conversations to continue, and to involve Starbucks customers, too.
The company ran full-page ads in The New York Times and USA Today this week announcing its initiative "Race Together." Baristas in cities where forums have been held began writing the slogan on customers' cups last week, aiming to spark a dialogue.
Schultz hopes it promotes a new level of understanding and sensitivity about the issue.
"We have problems in this country with regard to race and racial inequality and we believe we're better than this and we believe the country is better than this," he said.
Related: Whites get wealthier, while Blacks and Hispanics lag further
Schultz has never been afraid to jump into the political fray. In 2012, he asked baristas to write "Come together" on cups, urging elected officials to reach a deal to avert the fiscal cliff. Most recently, he called out former New York Mayor Rudy Giuliani for questioning President Obama's "love" for his country.
More details about the campaign will be outlined at the Starbucks annual investor meeting on Wednesday. Literature about the initiative will be included as inserts in copies of USA Today.
Related: Whites have 12 times the wealth of Blacks
CNNMoney (New York) March 16, 2015: 7:42 PM ET
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