Monsanto Secondary Stakeholders

ethical responsibilities - Monsanto has established a code of ethics for its employees and all are subject to behave within the code to ensure an ethical working environment. Additionally (2014), "Monsanto maintains an open-door policy with all employees and business partners who have questions about how to manage difficult work situations or have concerns about business actions. Through our board-chartered global Business Conduct Office (BCO), we implement compliance and ethics initiatives through working groups and dedicated facilitators in each of our global business regions. As allowed by local law, employees may submit concerns or questions to the BCO via a private post office box, an internal toll-free telephone number or an email address dedicated to business conduct

The image that Monsanto wants to give is to be environmentally friendly, promising better returns while promoting sustainable agriculture. It even gives the appearance of humanitarian organization focusing on world hunger. However, never a firm has been so controversial. It threatens food security but also the ecological balance of our planet. It is one of the biggest polluters ever. Corruption seems to be an important part of the way

Overall, Monsanto does do a little to try and address its stakeholder’s concerns such as trying to get farmers to rotate their crops to help prevent super bugs. In addition, they do many things that are very ethical such as making donations to charities and trying to create enough

Monsanto is controlling the farmers and manipulating organic farmers to use their patented seeds and artificial growth hormone to increase production. As, Troy Roush, VP of American Corn Growers Association explains “In the case of Monsanto their control is so dominant, if you want to be in production agriculture, you’re going to be in bed with Monsanto (Food Inc 1:15:40-1:15-48). Monsanto should not have the right to control what the farmers can and cannot do. Monsanto has induced politician and the government to abdicate their responsibility to protect consumers through funding their campaign and heavy lobbying. As Michael Pollan clarifies “For the last 25 years, our government has been dominated by the industries that it was meant to be regulating” (1:17:07-1:17:13). The consumers and farmers should be the ones deciding and voting on the farming practices, not congress or large seed industries. I believe the farmers should reject to use Monsanto’s seeds and have the right to save, clean and reuse the seeds from their harvests. It should be unacceptable and illegal for the government to change ancient agricultural farming; hence we would have a healthy food chain. Government and congress should focus on the interest of consumers and farmers and not be conquered by large companies. The government needs to revisit the seed patenting law and sign an agreement of the

Stakeholders are comprised of a multitude of people that have an interest in a company including employees, customers, special interest groups, board of directors, regulatory agencies, and investors (Ferrell, Fraedrich, Ferrell, 2015). Monsanto has an interesting history, and has impacted stakeholders in a negative manner throughout its beginnings in 1901. The current stakeholders that are impacted by Monsanto activities are all of the above listed. The company has had legal issues in the past with the widely known issue of the development of Agent Orange and the impact on our veterans. After settling for 180 million dollars, the company became a biotechnology company developing biotechnology products in the farming industry. Stakeholders on both sides of this issue have voiced positive and negative concerns. Positive

According to Natural Society, people like Hugh Grant, and Bill Gates who own millions of shares in Monsanto stock are not the real owners of Monsanto. The main owners of Monsanto are institutions. The leading institution for Monsanto is a company is called the Vanguard group. Vanguard owns 3 trillion dollars in investments in different companies like Monsanto. Additionally, they own such companies as Bank of America, JP Morgan, Wells Fargo, and others. Employees of Monsanto seem to be interested in agriculture. Most of the employees are scientist, and agricultural experts. Employees enjoy working with farmers, and enjoy generating new ideas. Every project that is worked on inspires innovation allowing Monsanto, to stay on the cutting edge,

According to Monsanto’s web page, the company understands the growing debate of how agriculture should work, and believes it is a good thing that consumers are becoming more interested in where their food comes from. They said it is the first step in aiding the public on how agricultural systems function.

“The way the system appeared to work to me was Lady Justice had the scales and you piled cash on the scales and the one that piled the most cash on the scales, hired the most experts and was most willing to tell the biggest lies, that was the winner. That seems to be how our justice system functions now. How can a farmer defend himself against a multinational corporation like Monsanto?” -Troy Roush, Vice President of American Corn Growers Association (Food, Inc.)

Things have been changing quickly in our world. GMOs have developed at an alarming pace, and are now being credited with being able to save millions from starvation. Seeds can be patented, when only a few years ago there were only public seed. The atomic bomb has been created and improved, and has the potency to wipe out all the life on our delicate planet. All these inventions and more can be attributed, in some way or another, to a chemical company called Monsanto. The Monsanto Company is an institution whose impact in the areas of chemicals and food has become a massive game-changer, but is also causing potentially dangerous side effects and consequences.

Monsanto’s history and lack of accountability is long. For instance, in 1996, Monsanto began its widespread sales of

In my opinion if Monsanto respects its shareholders and consumers, its products and services will contribute to society and the broader community with honesty and fairness. The company will recognize if its business developments will prosper in all arears of society by conducting research based on the environment for which the business will be established. The law and the spirit of the law must be followed to establish safe business practices which will prevent frivolous lawsuits. Every country in the world has different cultures and traditions, which should be respected to the letter of the law. A responsible business will not only respect the environment but the people in which it serves.

The article Top 5 Companies with the Worst Environmental Impact by J. Anderson mentions the following five companies in descending order: Monsanto (MON), Archer-Daniels Midland (ADM), Peabody Energy Corp. (BTU), Ameren (AEE), and T. Rowe Price (TROW). It’s ironic that Monsanto is on this list of companies since Monsanto is designed to help people grow plants. Monsanto is listed since they grow genetically modified crops, which is considered a controversial practice. The genetically modified crops they grow are called Glyphosates, which have been previously connected to cancer and birth defects. Most importantly, as of 2001 Monsanto was listed by the EPA (United States Environmental Protection Agency) for being “potentially responsible” for

A company must understand the nature and main issues of concern of the primary stakeholders.

Monsanto, who is this company and what does Monsanto own, produce, and do as a corporation and how can I help stop Monsanto? At this point I am learning to grow edible food without pesticides and hope to feed my family and possible others as time goes by. Learning how to provide healthy and safe food for my family. I will continue to educate what little I know to the people willing to listen.

Balancing stakeholders in different countries can be extremely difficult because of the many different laws held in each country. Some countries obtain stricter legislation that governs a company’s environmental obligation. Stakeholders such as farmers, government agencies, and many activist have criticized Monsanto for the way they produce their seeds (Ferrell & Hartline, 2014). More importantly, all of Monsanto’s stakeholders became doubtful of the company’s profitability and character. Monsanto creates such a diverse product that many countries want and need. Due to this, Monsanto is faced with many cultural stakeholders and governments. Monsanto should be focused on the stakeholder’s view of the company. The stakeholder’s view of the business determines how involved they will be within the company (Post, Preston, & Sachs, 2002). Stakeholders experienced their stock decrease when Monsanto was caught polluting. Monsanto has to control their short-term goals to keep stakeholders interested in their company, especially a power company such as Bayer. Bayer inquired to become a stakeholder and buy Monsanto to create an agriculture giant of a company (Mike, n.d.). Balancing stakeholders in the United States is hardly alone, Monsanto