Syngenta and The Sustainability Consortium’s sustainability reporting tools and frameworks are further aligned to streamline value chain reporting and data collection for additional product categories.
TEMPE, Ariz. –The Sustainability Consortium (TSC) is pleased to announce that Syngenta, a member of TSC, has completed a two-year benchmarking assessment that further aligns its Sustainable Outcomes in Agriculture (SOA) standard with TSC’s THESIS (The Sustainability Insight System). Building on the initial alignment completed in fall 2023, expanded benchmarking incorporates 21 Key Performance Indicators (KPIs) across 38 product categories – a decision that has strengthened the framework for continuous improvement and simplified sustainability reporting for growers. Enabled through the user-friendly Cropwise™ Sustainability mobile application, Syngenta’s SOA standard facilitates any grower or supply chain company in seamlessly tracking and communicating their progress in adopting regenerative practices.
Key Updates:
- Benchmarking Assessment: Following a two-year benchmarking process, Syngenta and TSC have collaborated to align the SOA standard with THESIS in 21 KPIs across 38 product categories.
- Guidance for Suppliers: Syngenta and TSC have co-authored a Guidance document for Tier-1 suppliers – highlighting key direction on how to utilize Syngenta’s SOA standard to complete their assessment in THESIS. This Guidance, available in Fall 2024, will help suppliers use aggregated data from the Cropwise Sustainability application to report verified metrics into THESIS.
- Availability: The Guidance document will be available to suppliers in Fall 2024.
Why This Matters:
This enhanced alignment aims to harmonize how the value chain measures and reports on sustainable agriculture, reducing the reporting burden for suppliers. Syngenta’s benchmarking of the SOA standard to THESIS enables the following:
- Reducing Reporting Burden: Enables THESIS users reporting against TSC’s KPIs in produce, grains, other crops, and complex products to utilize SOA’s relevant criteria and indicator practices.
- Streamlined Process: Provides a simple, efficient, and actionable approach to sustainability reporting through the Cropwise Sustainability application, including insights to assess performance compared to aggregated and anonymized grower performance in the region.
- Comprehensive Tracking: Empowering growers with a diversified overview of their performance in six sustainable outcomes – crop production, water impact, soil health, biodiversity and habitat, human and animal well-being, and community leadership.
By incorporating Syngenta’s SOA standard in the THESIS platform, TSC continues to foster collaboration toward consistent reporting in sustainability. The alignment includes benchmarking for suppliers of various crops, expanding the ability to support growers and supply chain stakeholders in measuring their progress in a credible and scalable way today, with goals to offer additional product categories in the future.
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About TSC
The Sustainability Consortium (TSC) is a global non-profit organization transforming the consumer goods industry to deliver more sustainable consumer products. We work to enable a world where people can lead fulfilled lives in a way that decouples their impacts on people and the planet. Our members and partners include manufacturers, retailers, suppliers, service providers, NGOs, civil society organizations, governmental agencies, and academics. TSC convenes our diverse stakeholders to work collaboratively to build science-based decision tools and solutions that address sustainability issues that are materially important throughout a product’s supply chain and lifecycle. TSC also offers a portfolio of services to help drive effective improvement and implementation. Formed in 2009, TSC is jointly administered by Arizona State University and the University of Arkansas and has a European office at Wageningen University and Research in the Netherlands. For more information visit www.sustainabilityconsortium.org.
About Syngenta
Syngenta Crop Protection and Syngenta Seeds are part of Syngenta Group, one of the world’s leading agriculture companies. Our ambition is to help safely feed the world while taking care of the planet. We aim to improve the sustainability, quality, and safety of agriculture with world class science and innovative crop solutions. Our technologies enable millions of farmers around the world to make better use of limited agricultural resources.
The content of this release is for information purposes only. This release is not, and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy any securities or other property interests.
To learn more visit www.syngenta.com. Follow Syngenta on Twitter at www.twitter.com/Syngenta, www.twitter.com/SyngentaUS and on LinkedIn at www.linkedin.com/company/syngenta.
Cautionary Statement Regarding Forward-Looking Statements
This document contains forward-looking statements, which can be identified by terminology such as ‘expect’, ‘would’, ‘will’, ‘potential’, ‘plans’, ‘prospects’, ‘estimated’, ‘aiming’, ‘on track’ and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.
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