Representatives from leading businesses and environmental groups come together today (18 July) to consider how we can reduce the climate and environment impacts of key UK supply chains.
The Global Resource Initiative (GRI) taskforce will seek to identify ambitious actions to drive more resilient and sustainable food systems that avoid deforestation and environmental degradation overseas, while supporting jobs and livelihoods.
The taskforce will bring together major businesses including Legal & General, Cargill, McDonald’s and Tesco together with the Green Finance Institute, WWF and NGO Forest Coalition.
Just as any company has a supply chain, so too does the UK and demand for key commodities like palm oil, soya and beef can act as a driver of deforestation and environmental degradation overseas, leaving a so-called environmental footprint.
Environment Minister Thérèse Coffey said:
Ingredients in products we are consuming daily come from parts of the world where we are losing habitat, which impacts wildlife and climate change. Having a fully sustainable supply chain is vital for the planet. I am pleased the UK is showing leadership on this global challenge, supported by leading businesses, investors and conservationists.
The government anticipates a report next year, ahead of key international biodiversity and climate summits later that year.
The series of summits in the 2020 ‘super year’ offer opportunities to shape the international sustainability agenda. It will contribute to the delivery of the UK’s international commitments on climate and biodiversity, as well as the Sustainable Development Goals.
The GRI is a key part of the commitment the government made in the 25 Year Environment Plan to leave a lighter footprint on the global environment. It will complement existing work to promote sustainable commodities, and the government’s recent commitment to net zero greenhouse gas emissions by 2050. The taskforce is supported across government and was developed in partnership by the Department for Environment, Food and Rural Affairs (Defra); the Department for Business, Energy and Industrial Strategy (BEIS) and the Department for International Development (DFID).
Sir Ian Cheshire, the chair of the independent taskforce said:
The GRI presents an opportunity to transform our approach to sustainable land use and to shape the direction of travel for the UK while creating a model for change that will inspire other countries.
I very much look forward to playing a leading role in this new taskforce and I am delighted to be joined by so many distinguished individuals.
Beth Hart, Director of Supply Chain at McDonald’s UK and Ireland said:
At McDonald’s we are focussed on using our scale for good in order to reduce our environmental impact; for example globally by 2030 in partnership with our suppliers we have committed to a 31 per cent reduction in emissions intensity across our global supply chain. Working with our suppliers, we also have a commitment to eliminating deforestation from our global supply chains by 2030.
The GRI taskforce presents the opportunity to further identify and address some of the biggest challenges we all face in partnership, and we look forward to collaborating across industry and various centres of excellence to continue to reduce our environmental impact.
Dr Rhian-Mari Thomas, Chief Executive Officer for the Green Finance Institute said:
Finance has a key role to play in achieving the aims of the GRI. There are clear synergies between government and private sector as we look to scale up potential financial solutions to support sustainable supply chains. As the principal interface between government and the private sector with regards green finance, the Green Finance Institute is excited to be contributing to the work of the Taskforce.
Further information and taskforce members
|Sir Ian Cheshire
||Chair of the taskforce
|Dame Helena Morrissey
||Legal and General
||UK Head of Personal Finance
||Chief Sustainability Officer
|Rhian-Mari Thomas OBE
||Green Finance Institute
|Amine Bel Hadj Soulami
||Global Head Sustainable Finance
||Willis Towers Watson
||Managing Director, Alternative Risk Transfer Parametric Solutions
||Director of Sustainability
||Formerly Director of Plan A and Sustainable Business
||Senior Director of Sustainable Development
||Head of Corporate Responsibility and Sustainability
||Head of Environment
||Global Vice President Sustainability
||World Economic Forum
||Managing Director, Head of the Centre for Global Public Goods
|Bernice Lee OBE
||Executive Director, Hoffmann Centre for Sustainable Resource Economy
||NGO Forest Coalition
||Head of NGO Forest Coalition