Launch of G7 Sustainable Supply Chain Initiative Private Sector Report and Open Call for businesses outside of G7 to join initiative
- Invite new companies to the Sustainable Supply Chain Initiative;
- Identify actions that need to be taken by businesses and governments to make progress towards realising healthy, sustainable and equitable food systems;
- Prioritize these actions based on the feedback from the audience.
In 2021, the G7 launched the Sustainable Supply Chain Initiative convening 22 global food and agriculture companies to pledge to improve the environmental, social and nutritional impact of their operations and supply chains. Companies have pledged improvement as measured by the World Benchmarking Alliance's Food and Agriculture Benchmark, which builds on and looks at the implementation of several CFS products, including the CFS RAI. At this side event there will be an open call for other companies (outside the G7) to join the initiative, as well as the launch of the first report assessing whether companies are living up to the pledge made. The report provides an independent monitoring mechanism to review company progress and embed accountability. It will highlight leading business practices and identify the wider actions needed from businesses and governments to make progress towards realising healthy, sustainable and equitable food systems transformation.