Monsanto Ethical Issues

Transforming the agriculture industry and making large profits, Monsanto has generated controversy and fears with some of their stakeholders. Attempting to make farming easier, and increase the food supply throughout the world, they could be making harmful impacts on human health and the environment. Monsanto desires to be a beneficial, transparent, respectful, and understanding organization. They have gone against some of their values while trying to be innovative and return profit to their shareholders. Their approach to revolutionize the agriculture industry has put their conduct in question, and diminished the reputation of the organization. There is no easy way for them to meet the needs of both their stakeholders and shareholders.
Monsanto has created and developed genetically modified plant seeds by manipulating and inserting new genes into seeds. The modified seeds grow into stronger and more abundant crops than natural ones. These plants are resistant to drought, insects, and weeds. Along with the seeds they have created chemical herbicides and pesticides called Roundup. Roundup is implanted in some plants to allow them to grow, and to kill harmful weeds and insects. These biotechnological advancements have made …show more content…
If they make an attempt to be more transparent and respectful to everyone, even if it diminishes their profits temporarily their effort will improve their relationship with their stakeholders, which could better their reputation leading to financial gains in the long run. I do not think genetically modified food is the solution to feed the world and solve hunger, there are too many negative externalities. As long as they continue to produce and sell genetically modified seeds I do not think they will be benefiting society. Although if they do implement new approaches I think they can resolve some of their ethical