SUBMISSION TO LOCAL NETWORK

Cheryl Lee
MONSANTO AUSTRALIA
HEAD OF HUMAN RESOURCE
09/01/2011

Contents

Our Pledge......................................................................4
Recommendation I.........................................................4
Recommendation II……………………………………5
Benefits and challenges for key stakeholders……….5-6
Implications for key stakeholders…………………......6
Reference………………………………………………7

Our pledge
Here in Monsanto, our pledge is to provide a more comfortable place for future generations to live on. The core value of our company is to lead a better future for human beings, the environment and the local economies (Monsanto 2011) with the help of modem agricultural technologies and industrial practices.
Our company has taken some practices and approaches to achieve the 10 principles of the UN Global Compact and, in this report we focus on 2 of these 10 principles (principle 6: The elimination of discrimination in respect of employment and occupation; Principle 8: Undertake initiatives to promote greater environmental responsibility) to clarify our positive and negative lessons learnt from those business practices and approaches. After that, we put forward several recommendations to improve our compliance to the two Global Compact principles within the local network and discuss the benefits, challenges and implications for company’s key stakeholders.

Recommendation I
In 1993, our company acquired the Ortho division from Chevron Chemical in St. Louis and paid 18.25 million to settle down the acquisition according to the agreement. Although our company retained 75% of the former employees of that division, the remaining previous employees was dismissed after the purchase (Robert Westervelt, 1996). Our company was sued by these former employees for age, race and disability discrimination in 1994. In this