Syngenta Group launches new ‘Good Growth Plan’ to boost the agriculture sector

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Making a commitment to invest $2 billion in sustainable agriculture by 2025, the Syngenta Group launched its new ‘Good Growth Plan.’ The company also announced to deliver two technological breakthroughs to market each year.

The growth plan includes new commitments to lower agricultural carbon footprint and to help farmers deal with the climate change-triggered extreme weather patterns.

“As the economy and agriculture begin to build back with the gradual easing of the Covid-19 restrictions, we need to support a recovery for farmers that puts the fight against climate change and biodiversity loss at its core,” Erik Fyrwald, Chief Executive Officer at the Syngenta Group said.

According to the Syngenta Group, it has achieved all the targets set out by the original Good Growth Plan, including enhancing biodiversity on more than 8 million hectares of farmland and bringing over 14 million hectares of farmland back from the brink of degradation.

Under the new Good Growth Plan, the specific commitments in the new plan are divided into four areas:

• Accelerate innovation for farmers and nature
• Strive for carbon-neutral agriculture
• Help people stay safe and healthy
• Partnering for impact

This includes a commitment to reduce the carbon intensity of its operations by 50% by 2030 in order to support the goals of the Paris Agreement.

According to the latest inputs, Syngenta’s commitment has been validated and endorsed by the Science-Based Targets initiative (SBTi). Syngenta Group also recently signed up to SBTi’s commitment to prevent a global temperature rise of over 1.5 degrees.

Alexandra Brand, Chief Sustainability Officer at Syngenta Group believes that the new Good Growth Plan is indispensable in order to fight climate change and provide for a food system working in harmony with nature.