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Daily CSR

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‘Growing Better Together’ Provides A Closer Glimpse Into Monsanto’s Sustainable Performance



05/17/2017

Monsanto continues to move forward taking the “planet”, its “people”, and the “company” together.


Dailycsr.com – 17 May 2017 – The “Sustainability Report” of Monsanto for the year of 2016 is now available under the title of “Growing Better Together”, which highlights the company’s “actions to mitigate and adapt to climate change”.
 
In this venture, Monsanto turned to “collaborative efforts”, made advancements regarding its “biodiversity position” and aligned itself with the “United Nations Sustainable Development Goals”. The reporting format incorporates three “broad” categories, namely “people, planet and company”.
 
Furthermore, “Growing Better Together” is also “Global Reporting Initiative (GRI) G4 voluntary Sustainability Reporting Guidelines” compliant and features “Monsanto’s United Nations Global Compact Communication on Progress”.
 
Taking an inclusive approach, Monsanto’s report gives an overview of the working as various companies collaboratively contribute to achieve “the United Nations’ SDGs” that gives out a “universal call to action” for addressing the “most pressing economic, social and environmental challenges” thrown on the face of the earth. According to Ethical Performance:
“Monsanto reviewed the 17 SDGs and associated 169 targets and identified nine SDGs where it can have the most impact. Three address social and economic topics; three focus on environmental issues; and three provide frameworks for attaining the other six. These SDGs will continue to inform the company’s sustainability strategy, actions and resource allocation decisions”.
At a glance, here are the report’s highlights under all three categories, as mentioned by Ethical Performance:
People
  • Reached approximately 7 million people with Off-the-Job Safety content through in-person events and social media efforts.
  • Maintained an excellent occupational safety record, including an injury severity rate of .53, which represents a 48 percent improvement since 2011.
  • Helped 250,000 rural community members in India adopt healthy and hygienic lifestyles as part of Monsanto’s WBCSD Water, Sanitation and Hygiene (WASH) pledge.
 
Planet
  • Made significant progress in the company’s multi-pronged approach to achieving a carbon neutral operational footprint by 2021 and in promoting climate-smart agriculture practices:
  • Attained 89 percent of its goal to reduce greenhouse gas emissions from crop protection operations by 22 percent (per pound of active ingredient) by 2020.
  • Established the Carbon-Neutral Collaborative to help develop a scalable and verifiable carbon accounting framework for the agriculture industry.
  • Commissioned and publicly shared a third-party study showing that widespread adoption of recommended agricultural practices could potentially absorb more carbon than 2.5 billion tree seedlings grown for 10 years, in the U.S. alone.
  • Published company position on biodiversity, which formalizes its long-standing advocacy for biodiversity and is aligned with the United Nations Convention on Biological Diversity.
  • Attained 47 percent of goal to increase irrigation water application efficiency across its global seed production operation by 25 percent by 2020.
  • Continued working with Conservation International to protect and restore forests, with nearly 42,000 acres already impacted in Brazil and Indonesia since 2008.
 
Company
  • Conducted second annual Supplier Sustainability Assessment to weigh the economic, environmental and social profiles and behaviors of strategic suppliers.
  • Reached 100 percent implementation of formal community engagement plans at company manufacturing sites around the globe.