The Consultation on the Food and Agriculture Business Principles (FAB Principles) was hosted by Paolo De Castro, Chair of the Committee on Agriculture and Rural Development of the European Parliament, in Brussels on 11 February 2014.
To advance the positive impact that business can have on sustainable agriculture, the UN Global Compact is facilitating the development of voluntary FAB Principles in collaboration with the private sector, key civil society organizations and experts.
The FAB Principles will articulate a common understanding on the resources, ecosystem services and socio-economic impacts needed to build resilience into agricultural supply systems and the markets that they serve. The Principles will support the objectives of relevant UN agencies by offering a basis for responsible businesses to align to the goals of the UN as articulated in the Rio+20 outcome document "The Future We Want", and provide a framework for furthering good practices, and for developing effective private and public sector policies and partnerships.
The Principles, and knowledge arising from the process that generate them, will underpin the UN Global Compact's submission on the theme of 'Food Security and Nutrition' in the post-2015 development agenda.
For more information and to share your views on the draft FAB Principles, please visit: http://unglobalcompact.org/Issues/Environment/food_agriculture_business_principles.html
Panelists at this event:
Paolo De Castro
Chair of the Committee on Agriculture and Rural Development of the European Parliament
Chair of the UN Committee on World Food Security
Puvan J. Selvanathan
Head of Sustainable Agriculture at the UN Global Compact Office
Head of Public Affairs and Industry Relations at Yara