More than 50 companies have stepped forward as part of the "Sharm El Sheikh to Kunming Action Agenda for Nature and People" in support of the Global Biodiversity Framework.
Each company is committing, in coordination with the Union for Ethical BioTrade (UEBT), to assess its ingredient sourcing practices, set clear targets to promote positive impact for people and biodiversity, monitor and communicate on its progress and continuously improve these actions over time.
The list includes brands such as Natura & Co, LVMH research division, Parfums Christian Dior, Parfums Givenchy, Kenzo Parfums, Fresh, and Guerlain as well as companies Firmenich, Symrise and Martin Bauer Group.
The framework is expected to be adopted in October 2021 in Kunming, China at the 15th Conference of the Parties to the Convention on Biological Diversity (CBD COP15).
Elizabeth Maruma Mrema, executive secretary of the Convention on Biological Diversity, said, “We are at a critical and decisive point in history, where all of society needs to reconnect to nature and contribute towards a shared vision: to Live in Harmony with Nature by 2050. Every actor from society, government and the productive and financial sectors has a vital part to play in realizing this vision for the health of our planet and our future. We are delighted to profile the transformative commitment from the business sector on the Sharm El Sheikh to Kunming Action Agenda for Nature and People platform and to witness the momentum building in the business sector, to assess impacts and dependencies on biodiversity, set targets to improve and align actions in support of the post 2020 global biodiversity framework.”