Sustainable Castor Bean Farming (BASF)Sustainable Castor Bean Farming (BASF)

BASF SE, a leading chemical company and DAX30 stock, said sustainable farming proved to be more productive in dry soils during a seven-year project dubbed “Pragati”.

Castor Beans are primarily used for producing castor oil, hold a crucial place in the industrial sector. They are key ingredients in various products, ranging from lubricants, plastics, and cosmetics to pharmaceuticals. BASF SE’s decision to adhere to Fairtrade standards ensures that these essential industrial components are sourced responsibly, emphasizing the welfare of the farmers and their communities.

In a significant development for sustainable agriculture, BASF SE, along with its partners Arkema, Jayant Agro-Organics, and implementation partner Solidaridad, have released the results of the seven-year journey of “Pragati”, the world’s first sustainable castor bean program. Since its inception in May 2016, Pragati has achieved remarkable milestones in sustainable farming practices.

Over 7,000 farmers have been trained, audited, and certified under the program, leading to a substantial increase in their individual yields. The program has repeatedly cultivated more than 7,000 hectares of mostly semi-arid lands following the SuCCESS sustainability code. This initiative not only enhances the agricultural practices but also boosts the economic well-being of the farmers involved.

In the seventh year alone, the program witnessed the harvest of over 74,500 tons of certified castor seeds. Impressively, the yield in this year has been 36% higher than the average yield reported by the local government for the region. This increase is a testament to the effectiveness of the sustainable practices and training provided under the Pragati program.

The partners have also committed to a third phase of this groundbreaking sustainable castor program, reinforcing their dedication to environmental sustainability and responsible agricultural practices. The Pragati program stands as a pioneering model for sustainable farming globally, showcasing the positive impact of collaborative efforts in the agricultural sector.

By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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