Monsanto Ethics Study
Case Study on Monsanto
|Name |Roll Number |
|Ajay Thakral |10IB-005 |
|Amit Kumar Rai |10IB-008 |
|Aditya Singh |10FN-005 |
|Deepmala Roy |10DM-040 |
|Aditya Agarwal |10DM-007 |
|Arun R |10DM-020 |
Monsanto - The Evil Empire
It was a cold wintry day in Creve Coeur as Mr. Hugh Grant (Chairman, President & CEO) of Monsanto sat pondering on the latest controversy that had hit Monsanto quite publicly in the past few days. It fact Monsanto had been always involved in disputes, legal quarrels and controversies ever since the company had ventured into the plastics industry in the 1940’s. The company had since expanded it’s portfolio of products to include DDT, polyurethanes, optoelectronics, synthetic fibers and LED’s amongst others. However, it was when they had pioneered the process of genetically modifying seeds that the company entered a new phase of growth that was to catapult them onto the world stage and eventually lead them to a virtual monopoly in providing GM seeds to farmers.
Beset on all fronts by disputes as varied as the dumping of toxic waste, bribing convictions in Indonesia, misleading advertising in France and child labour allegations to name a few, Hugh Grant wondered where the company had lost it’s way and what could be done to set things right.
Origins of Monsanto
Monsanto was founded in St. Louis, Missouri, in 1901, by John Francis Queeny, a 30-year veteran of the
|Name |Roll Number |
|Ajay Thakral |10IB-005 |
|Amit Kumar Rai |10IB-008 |
|Aditya Singh |10FN-005 |
|Deepmala Roy |10DM-040 |
|Aditya Agarwal |10DM-007 |
|Arun R |10DM-020 |
Monsanto - The Evil Empire
It was a cold wintry day in Creve Coeur as Mr. Hugh Grant (Chairman, President & CEO) of Monsanto sat pondering on the latest controversy that had hit Monsanto quite publicly in the past few days. It fact Monsanto had been always involved in disputes, legal quarrels and controversies ever since the company had ventured into the plastics industry in the 1940’s. The company had since expanded it’s portfolio of products to include DDT, polyurethanes, optoelectronics, synthetic fibers and LED’s amongst others. However, it was when they had pioneered the process of genetically modifying seeds that the company entered a new phase of growth that was to catapult them onto the world stage and eventually lead them to a virtual monopoly in providing GM seeds to farmers.
Beset on all fronts by disputes as varied as the dumping of toxic waste, bribing convictions in Indonesia, misleading advertising in France and child labour allegations to name a few, Hugh Grant wondered where the company had lost it’s way and what could be done to set things right.
Origins of Monsanto
Monsanto was founded in St. Louis, Missouri, in 1901, by John Francis Queeny, a 30-year veteran of the
References: 1) Ethan A. Huff “Monsanto connected to at least 200,000 suicides in India throughout past decade” Internet: http://www.naturalnews.com/030913_Monsanto_suicides.html, January 04, 2011 [February 14, 2011] 2) Pamela Kinnaird W “A Word to Describe Monsanto? Unethical.” Internet: http://hubpages.com/hub/Who-is-Monsanto-and-is-Biotechnology-Safe, [February 12, 2011] 3) Wikipedia, “Monsanto” Internet: http://www.en.wikipedia.org/wiki/Monsanto, [February 12, 2011] 4) Donald L. Barlett and James B. Steele, “The Deadly History of Monsanto Corporation” Internet: http://www.reclaimdemocracy.org/articles/2008/history_monsanto_corporation.php, May 2008 [February 15, 2011] 5) “Monsanto knew about PCB toxicity for decades” Internet: www.chemicalindustryarchives.org/dirtysecrets/annistonindepth/toxicity.asp, [February 15, 2011] 6) “Monsanto 's 'Roundup Ready ' Alfalfa Controversy”, Internet: http://www.icmrindia.org/casestudies/catalogue/Business%20Ethics/BECG078.htm 7) Andrew Malone “The GM genocide: Thousands of Indian farmers are committing suicide after using genetically modified crops”, Internet: http://www.dailymail.co.uk/news/worldnews/article-1082559/The-GM-genocide-Thousands-Indian-farmers-committing-suicide-using-genetically-modified-crops.html, November 3, 2008 [February 11, 2011] 8) George Mathew and Dev Chatterjee “Monsanto buys 26% Mahyco stake for Rs 182 cr” Internet: http://www.indianexpress.com/ie/daily/19980425/11550034.html, April 25, 2011 [February 14, 2011]