Dekalb Vietnam among Top 10 Sustainable
Businesses in Vietnam
Dekalb Vietnam was named one of the Top 10 Sustainable Businesses by
the Vietnam Chamber of Commerce and Industry (VCCI) and Vietnam Business
Council for Sustainable Development (VBCSD).
The ranking, announced on
November 8 is the result of the Programme on Benchmarking and Ranking the
Most Sustainable Companies in Vietnam carried out by the two agencies.
This is the first time
VCCI and VBCSD have compiled the Corporate Sustainability Index, which was
developed based on sustainability indicators in economic, environmental and
social areas of a business. The programme is expected to be a driver for
businesses to continuously improve their sustainability in aspects of
economic, environmental protection and social issues.
Dekalb Vietnam, a
wholly-owned entity of Monsanto Company, has been in Vietnam for over two
decades, working together with the government and farmers to address
agricultural challenges, helping farmers to improve lives via improving
agriculture.
“At Dekalb Vietnam, we
are proud to work with our collaborators and partners to cultivate meaningful
change as we continue to take decisive action to further embed sustainability
into our business,” said Aruna Rachakonda, CEO of Dekalb Vietnam.
“We are pleased to see
that Vietnam has made remarkable achievement in sustainable development and
grateful for the opportunity to share the positive progress we are making
toward our commitments in Vietnam via this Top 100 Corporate Sustainability
Index,” she said.
As part of Dekalb
Vietnam’s sustainable development efforts, over 200,000 farmers have received
the company’s training on agronomic practices and hybrid selection knowledge.
Dekalb Vietnam’s “Hi-Pop” practice has also been cited as the core factor
helping farmers in Son La, Phu Tho, Dong Nai, An Giang and Ba Ria – Vung Tau
provinces increase their corn yields by at least 30 per cent.
Vietnam is taking a
public-private partnership (PPP) approach on the Ministry of Agriculture and
Rural Development (MARD)’s Rice-to-Corn Rotation Initiative in the Mekong
Delta in partnership with farmers, local departments of Agriculture and Rural
Development, and the feed industry. This programme enables better seed,
practices and market linkages that helped 8,800 farmers in Mekong Delta earn
over $1 million incremental income and saved 80 per cent time, cost and
labour from 2,200 hectares in 2013-14.
During 2015 and 2016,
Monsanto expanded this project to the north of Vietnam and helped farmers
earned $230 incremental per hectare in comparison by using our corn seeds
with insect management and weed control traits.
“We are committed to
extending this partnership in 2016 and beyond in line with Vietnam’s goals,”
said Rachakonda.
To realise its commitment
in improving lives of the farming communities, from 2010 to 2015, Dekalb
Vietnam has signed three signature partnerships to improve lives and
education for rural communities via the philanthropic arm of Monsanto Company
– the Monsanto Fund.
In the 2010-2013 period,
two partnerships were launched which aimed to improve lives of 2,000 rural
households in the northern province of Hoa Binh and enabled alternative
sources of income via agriculture and livestock tools in 2010-11.
In 2014 and 2015,
Monsanto Fund partnered with NGO Room to Read to support secondary education
and literacy enhancement of over 90 thousand children in the rural
communities in Vietnam. Besides community programmes, Dekalb Vietnam also
collaborated with partners to develop young talents in agri-biotech through
the Monsanto-Vietnam National University of Agriculture scholarship.
By Hong Anh, VIR
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Thứ Tư, 9 tháng 11, 2016
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