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One Planet Business for Biodiversity, or OP2B, launched Sept. 23 at the United Nations Climate Action Summit. Its purpose is to protect and restore biodiversity within supply chains and product portfolios, the group said in a release. Leaders are the World Business Council for Sustainable Development and Emmanuel Faber, chairman and CEO of Danone.
OP2B includes 19 companies selling food and other products in more than 120 countries, with combined total revenues of approximately $500 billion. The companies are: Balbo Group, Barry Callebaut, Danone, DSM, Firmenich, Google, Jacobs Douwe Egberts, Kellogg, Kering, Livelihood Funds, L’Oreal, Loblaw Companies Limited, Mars Wrigley, Migros Ticaret, McCain Foods, Nestlé, Symrise, Unilever and Yara.
They agreed to take tangible steps together and separately to protect and enhance biodiversity in agricultural systems, delivering policy solutions next year. This means scaling up regenerative agriculture practices, boosting cultivated biodiversity and resilience in products, eliminating deforestation, and transparently reporting on progress and impact, the group said.