COP28 Business Statement of Action


10 December, 2023



WBCSD and its members are committed to ensuring that the ambition, action and accountability of the private sector enable trust in, and iterative progress towards, a shared agenda for food systems transformation. 

Complementing the Emirates Declaration, the UN Climate Change High Level Champions have coordinated a multistakeholder Call to Action to transform food systems, bringing together players from all non-state actor groups, including businesses, farmer groups, civil society organizations, cities and others. 

WBCSD is mobilizing the private sector to contribute to this shared vision, and, ensuring this ambition is matched by action, we have worked with our members to develop a supporting Business Statement of Action.  

In this Business Statement of Action, WBCSD and leading business signatories highlight the steps businesses are taking to contribute to the collective effort needed, commit to key priority actions to accelerate further change and call on industry peers, governments and non-state actors to work with us to drive their widescale adoption.  

This builds on previous advocacy efforts by the business community for accelerated action to achieve sustainable food systems, including the Business Declaration on Food Systems Transformation signed by 228 senior executives at the UN Food Systems Summit in 2021. Two years later, WBCSD, in collaboration with the World Benchmarking Alliance (WBA), has undertaken a progress update against the commitments companies made through the Business Declaration. The report revealed areas of success, topics where action is lacking and highlighted gaps that demand further attention going forward. You can find this report on Driving Change: Business Commitments to Food Systems Transformation here

To learn more about WBCSD A&F Pathway’s perspective on COP28 as a crucial moment to drive public-private collaboration and accelerate the transition towards sustainable food systems, read WBCSD Director Emeline Fellus’ piece on why and how food systems must be a focal part of the global solution to climate change

View the Business Statement of Action.