Agrochemical maker says its goal is to minimise the use of pesticides
Syngenta CEO Erik Fyrwald. Picture: REUTERS
Conventional pesticide makers including Syngenta and Bayer are under pressure over their products’ impact on the environment and biodiversity, as consumers grow more environmentally conscious and distrustful of pesticides used to produce food. Safer chemistries and biotechnology will help reduce pesticides “more and more towards zero,” Fyrwald said. “I don’t think it’ll get to zero.”
Crop protection made up three-quarters of Syngenta’s 2019 revenue, with insecticides accounting for 15% of the total and fungicides a larger share. The company was formally combined this month into Syngenta Group. Fyrwald identified the world’s $700bn in agricultural subsidies as resources that might otherwise “be a tremendous benefit to fighting climate change.”
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