Monsanto has various stakeholder groups all across the globe. The key stakeholders are: members of the global financial community; farmers and other agricultural organizations; Monsanto employees; animal feed producers and distributors; insect/pest control organizations; federal, state and local agricultural, regulatory and environmental agencies; and the list goes on and on (Beyond the Rows, 2012). Monsanto states that their main goals is to provide stakeholders with better information regarding all of their activities and that they are committed to making meaningful strides to report on environmental sustainability performance throughout the world (Beyond the Rows, 2012).
It is widely known that Monsanto has faced major opposition from many
…show more content…
While I agree it is important to find a sustainable food source and way to produce such foods, people in this generation tend to be more concerned with organically and naturally grown foods. There are several companies that now offer 100% certified organic foods in which a number of people are now learning towards after hearing all of the derogatory statements involving Monsanto's genetically modified products. Many Monsanto stakeholders should already growing concerned of the safety implications of genetically modified foods. Biotech crops are completely unnatural and many are stating that Monsanto is "playing God" by creating these genetically modified seeds. Stakeholders are also concerned about destructive effects on those who ingest their products that are modified with the Roundup. It is a very valid and growing concern and because of this, Monsanto's stocks have continuously plummeted over the last few years; which is also where the stakeholder concerns lie. At this time there is no substantial evidence that has been produces to indicate that Monsanto's GM seeds will or can cause human harm, and it could very well be a long time until we can know for sure they won't. But in the meantime, as long as farmers are able to produce massive crops and save billions by using Monsanto's products, Monsanto will continue to produce these goods and service those willing to use them. I feel that there will come a day when they do discover that these GM products lead to harmful or fatal diseases and when they do, there will be a major shortage of food worldwide. It was stated back in September 2012 that French researchers had found a direct link between Monsanto corn and numerous cancers in lab rats. The two year study
The issue of genetically modified foods, is Farmers can't harvest seeds. Fundamentally, farming is a simple process: plant seeds, grow crops, harvest crops, and gather seeds from the plants for the next season. Sadly, GMO companies like Monsanto take this last step away from farmers and raise expenses even futher by forcing the farmers to continually buy the premium-priced GM eeds every growing season. In fact, as was shiwn in the Bowman v. Monsanto court case, it is illegal in the US for someone growing a Monsanto crop to harvest the seeds and use them later. The Nowman case went all the way to the unanimously found guilty of patent infringement after he purchased and used second generation Monsanto seeds.
Monsanto has quite a few stakeholders group in the company. Among those groups there is a primary and secondary stakeholder. The primary stakeholders are the ones that continuous engagement is absolute necessary for the survival of the company. These include employees, customers, shareholders, investors, government and community. The government and the community maintain infrastructure for the company. Secondary stakeholders are not involved in the day to day operations of the company. These include media, trade associations and special interest groups.
The world may be in danger of what Monsanto puts on families dinner tables. According to Donald L. Barlett and James B. Steele’s article: Monsanto’s harvest of fear “Monsanto’s is the world leader in genetic modification of seeds and has 674 biotechnology patents”. 90% of the GMO’s in the world belong to Monsanto. The world has inherited Monsanto’s GMO’s in North and South America, Asia and Australia. Monsanto will eventually own food if consumers continue purchasing his GM products this reason being that Monsanto modifies its crops in order to make harvesting faster and easier making it more convenient to arrive on your dinner tables faster.
Monsanto has dominated the seed market, controlling the price. For economic reasons, farmers have no choice but to continue to buy Monsanto seeds because if they don’t, they will be forced to pay extremely high prices for non-GMO seeds. Farmers are also dependent on Monsanto because the company is influential in the subsidized food market as they have enabled farmers to save more money when buying Monsanto brand
Monsanto is controlling the farmers and manipulating organic farmers to use their patented seeds and artificial growth hormone to increase production. As, Troy Roush, VP of American Corn Growers Association explains “In the case of Monsanto their control is so dominant, if you want to be in production agriculture, you’re going to be in bed with Monsanto (Food Inc 1:15:40-1:15-48). Monsanto should not have the right to control what the farmers can and cannot do. Monsanto has induced politician and the government to abdicate their responsibility to protect consumers through funding their campaign and heavy lobbying. As Michael Pollan clarifies “For the last 25 years, our government has been dominated by the industries that it was meant to be regulating” (1:17:07-1:17:13). The consumers and farmers should be the ones deciding and voting on the farming practices, not congress or large seed industries. I believe the farmers should reject to use Monsanto’s seeds and have the right to save, clean and reuse the seeds from their harvests. It should be unacceptable and illegal for the government to change ancient agricultural farming; hence we would have a healthy food chain. Government and congress should focus on the interest of consumers and farmers and not be conquered by large companies. The government needs to revisit the seed patenting law and sign an agreement of the
Monsanto is an American agrochemical corporation which manufactures pesticides and GMO crops. One of the most well recognized herbicides is Monsanto’s Roundup, which contains the carcinogen glyphosate. To prevent from killing the crops when farmers apply Roundup to their fields, Monsanto invented GMO versions of many staple crops such as corn, soybeans, and cotton which resist Roundup. Like the weeds, these GMO crops still absorb glyphosate, however the crops are able to stay alive through changes in their genetic makeup which make them herbicide resistant. The herbicide tolerance of certain crops has been adopted because it, “simplifies weed control to the use of a single herbicide and a flexible and easy management strategy” (Labrada, 2003), as well as decreasing the cost of weed control programs. As a result, Monsanto bought out most small farms and now owns 80% of the U.S. market share of corn and 93% of the U.S. market share of soy, which are then sold to modern food processing. Upwards of 75% of the processed food on American supermarket shelves contain genetically engineered ingredients. Not only are Americans consuming massive amounts of GMOs, which pose a huge health risk themselves, they are also consuming massive amounts of glyphosate, a chemical known to cause cancer and birth defects (Kruger, 2014). If society stopped consuming carcinogens, the cancer epidemic will be
While these are valid concerns, they are entirely wrong. According to the World Health Organization in 2005, “GM foods currently traded on the international market have passed risk assessments in several countries and are not likely to present risks for human health” (Novella). Many of those who are anti-GMO claim that GMOs are not safe because they do not know enough about them or they have heard far too many conflicting reports. While there are many reports that claim that GMOs are detrimental to the environment, the three agencies that oversee GM crops, the FDA, USDA, and EDA, have ruled that these crops do not pose any real threat. Since the beginning of the GM crop in 1996, there have been 2,497 approvals of the safety of GMOs in the environment and 1,129 of these approvals have been for the food safety of the products (Monsanto). This further disproves the claim that GMOs are unsafe for humans and the environment and reassures that there is no risk involved in either the consumption or the planting of GM
In a poll in 2014 measuring the reputation quotient of major companies, Monsanto ranked the third-lowest, above companies like BP, Bank of American and fell just behind Halliburton. For the better part of Monsanto's history, it has been a chemical company which produced compounds used in electrical equipment, adhesives, plastics, and paint. They also produced chemicals like DDT, Agent Orange, Polychlorinated biphenyls (PCBs), Monsanto is best known for genetically modified organisms, or GMOs (Bennett, 2014).
It doesn’t help that Monsanto also has power in politics, one of the Monsanto chiefs for food safety, Michael Taylor was actually appointed by Barrack Obama himself. Barrack Obama also appointed his Supreme Court judge: Elena Kagan, who happens to be the chief defender of Monsanto and GMO’s. Whether Republican or Democratic, Monsanto wields a strong power within politics that helps give them an edge in keeping their company going. (Obama). There are good aspects of Monsanto, like the efficiency of cheap seeds, and crops that can withstand the harsh behaviors of weathers, and the ability the crops have to survive a longer time. But not even the cheapest crops can cover up Monsanto’s long history of evil, from polluting the environment with PCB’s, the chemical Agent Orange, and the weed killer “Round-Up Ready”, to Monopolizing itself to being the owner of 90% of the seed industry and shutting down small
In 2014, Monsanto owned 35.5% of the global market share of corn, and in 2016, they owned 26% of the global market share of seeds (Kim, 2016; Science Literacy 2016). Although these shares seem relatively small for a monopoly, they are huge on a global scale and the figures factor the entire seed industry, not just GMO crops. Additionally, these are the largest shares owned by any other firm in the industry. Monsanto also exhibits rent-seeking behavior within the industry. According to Kim, “Monsanto has not once missed its place as the single biggest lobbying client in the U.S. agricultural service and product industry while spending $60 million over the past nine years.
Monsanto is a company that some people may not be explicitly familiar with on a first name basis. However, the work that the company has done over the last century, with a larger emphasis on its most recent ventures, have been deeply engrained in our lives, our food, and our economy. Monsanto has those who advocate on their behalf in addition to their naysayers. While Monsanto has made huge strides in terms of biotechnology over the last couple of decades, their accomplishments, and the relevant methods, have not been free of criticism and controversy. In order to analyze Monsanto’s corporate environment, it is important to first explore their Strengths, Weaknesses,
Fun fact, chemical fertilizer is the largest industry in global agribusiness. It’s also destroying the environment, causing climate change while also damaging public health. Monsanto is a corporate business that uses biotechnology to change the DNA in plants to try to improve the tolerance and resistance to damaging weather conditions. It’s also used to speed up the plant development process. People often hear about biotechnology and assume it’s not damaging to the environment or to people eating the food. The ads don’t tell the readers about the dangers that come with it, only that its quick and
As CEO of Monsanto, I manage to tackle controversial issues with transparency. By publicly practicing transparency, I would balance the conflicting needs of the variety of stakeholders while at the same time benefit consumers. Although it may be hard to stand up to these accusations, boycotts and protests took place in at least 52 countries and 436 cities amassing over 2 million people us over genetically modified foods, it has to be done for the sake of business and in order to establish integrity with consumers (Mainwaring, 2013). Combating protesters with transparency will help to keep Monsanto out of such pessimistic headlines. I believe it is time to come forth with labels defining whether or not they are GMO. We have seen this type of
In her online video, "Talking about food safety," Monsanto 's lead toxicologist, Shawna Lemke says that, "In recent years people have become increasingly interested in where their food comes from, and how it is produced....there is still conflicting and confusing information about Genetically Modified Foods, but because of the intense work the scientists that work here do, we all feel confident in feeding them to our kids." Monsanto is a Fortune 500 "sustainable agricultural" company that started in 1901, introducing their first product, saccharin. They move on to produce agricultural chemicals in 1945, and by 1982 they were genetically modifying plant cells (DNA). They now have 404 facilities in sixty-six countries, and supply 76% of the world 's seeds. It seems Monsanto has a stronghold on the world 's genetically modified seeds. Although Monsanto claims that genetically modified food is safe, there are conflicting studies claiming they are unsafe and cause harm to humans, plants and animals. However, there have not been any scientific research done concerning this in the United States. How would these studies affect our supply of genetically modified food here in The United States? What about the farmers? How does this stronghold affect the farmers here in the United States? The United States Government needs to perform their own scientific research studies to assess the health risks of Genetically Modified Food, and
Monsanto is a sustainable agriculture company, they deliver their agricultural products that support farmers all over the world. They also produce leading technologies that help farmers to protect their yield and increase the efficiency. They tried to make their products available to all farmers all around the world and give their seed and technologies in leasing to the companies. The company couldn’t develop and even live without the farmers, because they are the only customers of the company. They also maintain the world economy as they provide to every people and animal food, clothes and energy. Company and their fund provide many activities that contribute to the development of our society and ecology. However, company has their own CSR activities, Fund different one. Let’s analyze the