23.05.2024 08:00:34 - dpa-AFX: EQS-News: Syngenta Group and The Nature Conservancy (TNC) extend collaboration (english)

Syngenta Group and The Nature Conservancy (TNC) extend collaboration


   Syngenta Group / Key word(s): Miscellaneous
   Syngenta Group and The Nature Conservancy (TNC) extend
   collaboration
   23.05.2024 / 08:00 CET/CEST
     ____________________________________________________________


   
     * Strengthening of a unique NGO-corporation collaboration model
       that links conservation goals with economic potential and
       addresses societal issues like deforestation and land
       degradation.
     * Extension of multi-year agreement that started in 2018,
       focusing on five strategic projects across the globe.
     * By 2026, ambitious target to recover over 300 thousand
       hectares of degraded land in Cerrado Brazil and regenerate
       agricultural soils in China with a focus to impact the
       agricultural sector for the adaption of sustainable farming
       practices. In the US the focus lies in enhancing climate
       resilience of crop land
     * Collaboration and innovation drive the transformation of
       agriculture into a climate solution that regenerates soil and
       nature.


23 May 2024, Basel, Switzerland / Arlington, Virginia, USA

   Syngenta Group, the leading global agriculture technology
   company, and The Nature Conservancy (TNC), a world-wide
   conservation organization with the mission to conserve the lands
   and waters on which all life depends, today renewed their
   successful collaboration that links conservation goals with
   economic potential and addresses societal issues like
   deforestation and land degradation. The two partners have been
   collaborating since 2009 and entered into a global collaboration
   in 2018.


   The new three-year collaboration builds on successful projects
   and focuses on further advancing business practices with the
   goals to scale up regenerative agriculture, improve resource
   efficiency to minimize impact of agriculture on climate, improve
   soil health, and promote habitat protection in major agricultural
   regions worldwide including the Cerrado region of Brazil, China,
   and the United States.


   The collaboration embodies Syngenta's commitment to regenerate
   soil and nature, core to its new Group-wide sustainability
   priorities announced in April 2024.


   Petra Laux, Chief Sustainability Officer of Syngenta Group: "We
   are very proud to continue our collaboration with TNC and our
   partnership for impact. We want to further leverage our efforts
   towards a climate solution-oriented agriculture fueled by
   innovation and partnerships that regenerate soil and protect
   nature. Agriculture must not only feed a growing global
   population over the coming decades, but it also needs to fight
   climate change and safeguard natural resources."


   Restoring millions of hectares of degraded land in Brazil, China
   and the US


   Syngenta has set an ambitious target to recover 1 million
   hectares of degraded land throughout Brazil, with a significant
   portion focused on the Cerrado where the TNC collaborates with
   the company.


   The goal of the initiative is to make the restoration of degraded
   land the profitable option sought by farmers in Brazil when
   expanding their production, instead of clearing native
   vegetation. The REVERTE® program, originally designed by Syngenta
   and TNC for the Cerrado due to its significant potential,
   includes Itaú BBA bank as the organization offering a line of
   credit for the growers following socio-environmental criteria.


   Michael Doane, Global Managing Director Food & Freshwater
   Systems, TNC: "REVERTE® aims to demonstrate, through an
   integrated solution involving good agricultural practices,
   financial tools, policy, and business models, the economic
   viability of restoring degraded pastures instead of opening new
   cultivation areas and avoiding deforestation. Restoring land in
   the Cerrado delivers soil and water conservation benefits,
   increases carbon sequestration, and can increase the resilience
   of the production systems to extreme climate events. The program
   aims to support the transformation of agribusiness in the
   Cerrado, generating social, economic, and environmental benefits
   today and in the future."


   As of March 2024, REVERTE® has garnered commitments from over 263
   farms, encompassing a total of 202 thousand hectares of degraded
   land, with 137 thousand in the Cerrado biome.


   China: The Run Tian project has already regenerated 2400 hectares
   of agricultural soils in the North China Plain, the largest wheat
   producing area in China. It has also trained more than 17
   thousand farmers on regenerative agricultural practices, leading
   to increases in yields by 4%, soil moisture storage 300m^3 per
   hectare and net benefit USD 360 per hectare. Moving forward, Run
   Tian will develop new business strategies to further improve soil
   health to empower and support frontline producers to protect the
   soil ecosystem. It will also leverage Syngenta Group's
   fast-growing network of Modern Agriculture Platform (MAP) centers
   that promote sustainable farming practices. The MAP offering
   helps farmers modernize their farms sustainably, while boosting
   crop quality, yield and farm profitability. As part of Syngenta
   Group's recently published Sustainability Priorities, the company
   has a target to expand the number of farmer service centers to
   1000 by 2028.


   United States: In the US, the collaboration will develop and
   launch two new projects. The first will focus on enhancing
   cropland's climate resilience and reducing farming pressure on
   water resources by unlocking diverse crop rotations with
   regenerative sorghum production. In a parallel effort, the
   collaboration will also look to scale regenerative agriculture
   practices with seeds producers in the US, as part of the broader
   global Syngenta Seeds effort to implement regenerative
   agriculture in seed production. The collaboration with TNC will
   bring new business value to farmers, while reducing the
   environmental footprint of the seeds supply chain and preserving
   the quality of seeds delivered to Syngenta Group customers.
   Syngenta Group supports a broad range of sustainability projects
   and partners with academia and industry around the world -
   demonstrating its commitment to a collaborative approach.


   Syngenta Group and TNC will hold a LinkedIn Live event on the
   partnership progress. Tzutzuy Ramirez and Roberto Castro,
   Syngenta, and Michael Wironen and Rodrigo Spuri, TNC, will
   discuss how the partners will continue to develop their unique
   NGO-corporation collaboration model and what the plans are for
   the future. The event will be hosted on the Syngenta LinkedIn
   page on Wednesday, May 29 at 14.30 CET



About Syngenta Group

   Syngenta Group is one of the world's biggest agricultural
   technology companies, with roots going back more than 250 years.
   With around 60,000 employees, operating in more than 100
   countries, the company strives to transform agriculture with
   science-driven, technological innovations to deliver high
   productivity and high-quality food while fighting climate change
   and restore nature. Syngenta Group works with farmers and
   partners to deliver four Sustainability Priorities: Higher
   Yields, Lower Impact; Regenerate Soil and Nature; Improve Rural
   Prosperity; and Sustainable Operations. The priorities are
   underpinned by regenerative agriculture practices to nurture and
   restore soil health, protect the climate and biodiversity, and
   enhance farm productivity and profitability. Syngenta Group,
   which is registered in Shanghai, China, and has its management
   headquarters in Switzerland, draws strength from its four
   business units:  Syngenta Crop Protection, headquartered in
   Switzerland; Syngenta Seeds, headquartered in the United States;
   ADAMA®, headquartered in Israel; and Syngenta Group China.
   Together, these businesses provide industry-leading ways to serve
   customers around the world.


   For Syngenta Group photos and videos, please visit the Syngenta
   Group Media Library.



About The Nature Conservancy

   The Nature Conservancy is a global conservation organization
   dedicated to conserving the lands and waters on which all life
   depends. Guided by science, we create innovative, on-the-ground
   solutions to our world's toughest challenges so that nature and
   people can thrive together. We are tackling climate change,
   conserving lands, waters and oceans at an unprecedented scale,
   providing food and water sustainably and helping make cities more
   sustainable. Working in 72 countries, we use a collaborative
   approach that engages local communities, governments, the private
   sector, and other partners. To learn more, visit www.nature.org
   or follow @nature_press on Twitter.


Contact Information

   Media Relations
   media@syngentagroup.com



Ciaran Clayton, Director of Global Media Relations

   +1 703-841-4253
   ciaran.clayton@tnc.org


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   End of Media Release
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   Language:    English
   Company:     Syngenta Group
                Rosentalstrasse 67
                4002 Basel
                Switzerland
   Phone:       061 323 11 11
   E-mail:      media@syngentagroup.com
   Internet:    https://www.syngentagroup.com/
   EQS News ID: 1909149



   End of News EQS News Service
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1909149 23.05.2024 CET/CEST

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