Monsanto Rises in Newsweek's 2016 Green Rankings
(3BL Media/Justmeans) – Corporate sustainability concerns have risen from superficial levels about two decades ago to a dominant theme today. Business leaders increasingly recognize the need to meet the sustainability expectations of a broad range of stakeholders. Some of the global corporations have already embedded a commitment to sustainability in their core business strategy, operations and products.
Monsanto has earned recognition for its deep commitment to sustainability. The company has been placed at no. 12 out of 500 of the largest U.S. publicly traded companies in the 2016 Newsweek Green Rankings. This represents a dramatic jump from last year’s rankings when Monsanto was placed 52nd. Newsweek determined the rankings in partnership with Corporate Knights and HIP Investor.
Monsanto’s rise on the global rankings list of Newsweek was equally spectacular, with the company moving to 22nd place in 2016, up from 84th in 2016. The company continues to lead the agriculture sector in the Newsweek Green Rankings. Monsanto Chairman and CEO Hugh Grant said that the company is delighted by the acknowledgement of its sustainability efforts and hopes to help build a food-secure world that protects the environment.
Food and Nutrition
With Monsanto’s expanding water efficient maize for Africa, farmers in Kenya, Tanzania, Uganda and South Africa harvested 20 to 35 percent more grain under moderate drought conditions using DroughtTEGO hybrids, compared to the seed they historically planted.
As part of World Economic Forum’s Partnership for Indonesia Sustainable Agriculture, corn harvest in fall 2014 delivered about $250 more income and 14 percent more grain per hectare when compared to previous harvests. The company is also providing information and training to smallholders through its Mobile Farm Care initiative, which has 3.8 million farmers enrolled.
Monsanto supported the Feed, Nourish, Thrive career resources campaign and the Nourishing 9 Billion Net Impact university outreach program. The America’s Farmers programs sponsored by the Monsanto Fund provided education grants to 164 schools and scholarships to 352 students.
From organizing disease prevention seminars to distributing first-aid kits, the company sites implemented programs to tackle community issues. Its Off-the-Job Safety efforts reached over 1.3 million people globally – up 27 percent from 2014.
Monsanto made significant progress in reducing its crop protection GHG emissions intensity by 16 percent against a 2010 baseline. Partnering with external experts, the company has developed carbon neutral crop production models to share broadly in the hope that the crop production sector could have a positive impact on climate change.
In December 2015, Monsanto announced a goal to make its operational footprint carbon neutral by 2021. The company increased its irrigation water application efficiency by nine percent compared to a 2010 baseline through a pilot seed production program using advanced irrigation management techniques.
Monsanto has been working with Conservation International to preserve and restore critical forests in Brazil and develop the Sustainable Agriculture Landscape Program in Indonesia to help farmers grow more food on the same amount of land, reducing the motivation to turn forests into cropland.
The company has invested in soils research through the Soil Health Partnership, Resilient Economic Agricultural Practices initiative and the Agronomic Science Foundation to better understand healthy soils and the practices that promote them.
Monsanto was named among Victory Media’s Military Friendly Employers for 2016. The Science magazine honored the company as a 2015 Top Employer. For the fourth consecutive year, Monsanto was named to the list of the World’s Best Multinational Workplaces by Great Place to Work.
Image Credit: Flickr via StateofIsrael