|
 |
|
|
|||
|
 |
|
Nov. 17, 2020 Source: BASF news release • Reduce CO2 emissions per ton of crop by 30% • Annually increase sales share of solutions with substantial sustainability contribution by 7% • Bring digital technologies to more than 400 million hectares of farmland • Ensure safe use of BASF's products with right stewardship BASF has committed to clear and measurable targets to boost sustainable agriculture by 2030. Focusing on the biggest levers that will make agriculture more sustainable and contribute to the most pressing needs of society, the company will help farmers achieve a 30% reduction in CO2 emissions per ton of crop produced. BASF's Agricultural Solutions division will also annually increase its sales share of solutions with a substantial sustainability contribution in the value chain by 7%. In addition, BASF will bring digital technologies to more than 400 million hectares of farmland and continue to ensure the safe use of its products with the right stewardship. The new commitments are further strengthening the implementation of BASF's strategy in agriculture that was launched in 2019. "Farming is fundamental to the world's wellbeing. Over the coming decades, our agricultural food system will undergo an accelerated transformation to provide access to enough healthy and affordable food for a growing world population. At the same time, we will need to mitigate its impact on our planet. This transformation is driven by the call for better yield - yield produced in ways that are recognized as valuable by society, are kind to the planet and help farmers earn a living," said Vincent Gros, President of BASF's Agricultural Solutions division. "With our connected offers, we support farmers around the globe in doing the biggest job on earth to jointly create a positive impact on the agricultural food system." Climate smart farming BASF will support farmers to become more carbon efficient and resilient to volatile weather conditions with technologies that increase yield, make farm management more effective, and decrease environmental impact. These include: • Nitrogen management products such as Vibelsol and Vizura that reduce greenhouse gas emissions • Crop protection products such as the herbicide Kixor that enable farmers to grow crops without plowing, reducing CO2 emissions from the soil and diesel use • New crop varieties such as InVigor canola seeds providing higher yield stability especially under more severe weather conditions • Biological inoculants and innovative digital solutions At the same time, the company is exploring ways to help incentivize CO2 efficiency and open new value streams for farmers. With these products and solutions, BASF will help achieve a 30% reduction in CO2 emissions per ton of crop produced. Sustainable solutions It is BASF's goal to increase the number of sustainable solutions it brings to farmers year by year. Therefore, the company is continuously investing in its strong R&D pipeline steered systematically by sustainability criteria. BASF's R&D pipeline contains solutions that support the efficient use of resources and reduce the environmental footprint. Examples are: • Solutions based on the fungicide Revysol that enable an increase in wheat yields by 4% on existing land, allowing the farmer to protect natural habitat • Targeted application of BioSolutions, such as RAK pheromones, that disrupt the mating of certain moths, protecting plants throughout their life cycle as natural partners that complement conventional crop protection • Breeding innovations such as the mini watermelon Pingo Doce that makes it easier for consumers to avoid food waste In addition, BASF assesses its entire product portfolio against clearly defined and third-party validated sustainability criteria with the Sustainable Solution Steering method. BASF's Agricultural Solutions division will contribute significantly to the BASF Group target of €22 billion in sales by 2025 with Accelerator products that make a substantial sustainability contribution in the value chain. The Agricultural Solutions division aims to annually increase its sales share of solutions with substantial contribution to sustainability by 7%. Tweet |
|
|
|
|
|
|
|
|
|||||||||||||
