FMCG giants commit to restoring biodiversity at Climate Action Summit
Leading FMCG companies including Nestlé, Kellogg Company, Danone, Mars and Unilever have formed a new coalition aimed at protecting and restoring biodiversity within their supply chains and product portfolios.
The One Planet Business for Biodiversity (OP2B) initiative launched by Danone CEO Emmanuel Faber at the United Nations Climate Action Summit in New York on Monday includes 19 companies with combined total revenues of around $500 billion.
The coalition is focused on scaling up regenerative agriculture practices, boosting biodiversity and increasing the resilience of food and agriculture systems; as well as eliminating deforestation and protecting high value ecosystems.
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