Mitigating greenhouse gas emissions in agriculture is a significant undertaking that no one organization can do alone. That’s why Monsanto is collaborating with farmers and others to address this serious issue. We are also taking action within our operations to reduce our own carbon footprint. Here are our commitments:
Adopting carbon neutral seed production
As announced in November 2015, we have set a goal to turn our entire operation carbon neutral by 2021 through operational changes in combination with special incentives and programs for farmers.
We will drive carbon neutral crop production in our seed business with the goal of eliminating that portion of our carbon footprint altogether. Monsanto will also provide incentives to commercial farmers to adopt carbon neutral crop production methods in exchange for part of their carbon reduction value, which we will use as offsets to neutralize the remainder of our carbon footprint.
Pledge to reduce operational GHG emissions
As announced in May 2015, we have set a goal to reduce the operational greenhouse gas emissions intensity in our crop protection operations by an additional 22 percent by 2020, based on our 2010 baseline. This represents a cumulative reduction of 45 percent from 2002. We’re targeting our crop protection business because it is the largest contributor to our company’s carbon footprint, making it the place in our operations where we can have the greatest positive impact.
Testing products in light of climate change
Over the past 20 years, many of our products have played a role in helping agriculture adapt to and mitigate climate change. These products include cutting-edge technologies that lower the number of times farmers enter the field to spray crops, enable conservation tillage and employ precision agriculture to mitigate climate change.
Establishing an internal carbon price
We have established an internal carbon price, which will be used to evaluate the climate impact of our capital investments moving forward.