Monsanto’s Pledge on Business Ethics Oxymoron

In: Social Issues

Submitted By talwindernirwan
Words 2170
Pages 9
Monsanto’s pledge on business ethics: Oxymoron?
“Producing more, conserving more, improving lives – that’s sustainable agriculture. And that’s what Monsanto is all about. Billions of people depend upon what farmers do. And so will billions more. In the next few decades, farmers will have to grow as much food as they have in the past 10,000 years – combined. We work alongside farmers to do exactly that by selling seeds, traits developed through biotechnology, and crop protection chemicals. We are working to double yields in our core crops by 2030 with one-third fewer resources such as land, water and energy per unit produced and helping farmers to raise themselves from poverty to prosperity, along with many more people.” (Compiled from www.monsanto.com)
On its website, Monsanto positions itself as a relatively new agricultural company that aims to help farmers produce healthier food by increasing productivity, repressing weeds and combating insects while ensuring that environmental standards are not only met but exceeded, and while protecting the safety of people and communities. Its leading product is ‘Roundup’, world’s best selling agriculture herbicide for the last thirty years. Monsanto is also the world leader in biotechnology. 90 percent of GMO (Genetically Modified Organism) crops grown on the planet belonged to Monsanto (1). But then Monsanto is also arguably the world's most controversial company, praised by those who see a future of environmentally friendly farming and healthier diets in high-tech crops, and damned by others who consider them as promoters of ecological destruction and corporate control of global food supply.
Whether commercial application of biotechnology is a boon or a bane for the planet is a debate best left for scientists and ecologists to conclude. But there is a more appalling, prominent matter of business misconduct. Monsanto has…...

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