Collaboration aims to creating value for all stakeholders—from businesses, to farmers, to financiers, and local governments
The World Business Council for Sustainable Development (WBCSD) announces Golden Agri-Resources (GAR), a leading global agribusiness and palm oil producer, as its newest member to join forces with a global network of 200 businesses committed to accelerating the transition to a more sustainable world. GAR will contribute to the Agriculture & Food Pathway, aiming to enhance collaboration across the sector and support the Equitable Livelihoods workstream.
GAR’s primary focus within the workstream is to support the creation of thriving and resilient agriculture and food systems that support equitable livelihoods for all workers, placing farmers’ prosperity at the heart of food systems. Food systems are responsible for around one third of greenhouse gas emissions caused by human activity.
Recent announcements such as the COP28 declaration on sustainable agriculture and the FAO’s global roadmap for agrifood systems demonstrate a growing global consensus about the integral role agriculture and food sectors must play in climate solutions.
Commenting on GAR’s decision to join the organization, Peter Bakker, WBCSD President & CEO said, “We are delighted to welcome GAR to our global network and celebrate its commitment to fostering positive change in agriculture and food systems. This collaboration underscores our belief that food systems can be a vital part of the solution to the climate and nature crisis, creating value for all stakeholders—from businesses, to farmers, to financiers, and local governments. We look forward to working with GAR and leveraging the collective expertise of our community to deliver ambitious, necessary change for a more sustainable world.”
Emphasis will be placed on Scope 3 data accounting and metrics to track and measure the contribution of agricultural practices to its climate targets, with the overarching goal of protecting, restoring, and enhancing nature’s capacity to deliver ecosystem services. Additionally, GAR’s participation as a member of the Council aims to advance progress on the UN Guiding Principles on Business and Human Rights, leveraging the group’s collective expertise and resources to drive positive change, while bringing a Southeast Asian business perspective to address global priorities.
Additionally, GAR’s participation as a member of the Council aims to advance progress on the UN
Guiding Principles on Business and Human Rights, leveraging the group’s collective expertise and
resources to drive positive change, while bringing a Southeast Asian business perspective to address
global priorities.