Syngenta Invests USD2bn in Sustainable Agriculture

Syngenta has pledged to spend USD2bn over the next five years to help farmers prepare for and tackle the increasing threats posed by climate change. The investment supports the new Syngenta sustainability goal of delivering at least two technological breakthroughs to market each year, to reduce agriculture’s contribution to climate change.

Erik Fyrwald, chief executive officer at Syngenta also announced that the investment in research and development for sustainable agriculture will be matched by a drive to reduce the carbon intensity of the company’s operations by at least 50% by 2030.

The USD2bn will be directed towards a program that will enable change in agricultural sustainability such as land use, soil health, and integrated pest management.

Through a multi-year collaboration with The Nature Conservancy, Syngenta is developing strategies to identify and test innovations and technology that can benefit farmers and contribute to positive environmental outcomes. The collaboration is grounded in efforts to promote soil health, resource efficiency, and habitat protection in major agricultural regions worldwide.

The targets form part of Syngenta’s Accelerating Innovation commitment launched earlier this year to address the increased challenges faced by farmers because of climate change, soil erosion, and biodiversity loss.