To reduce the usage of fertilizers by at least 50% than the recommanded usage of conventionnal agriculture

Improve food security and farmer life.

Title:

Improving nutrition by improving food security and farmers’ lives.

Commitment type – operational commitment:

Taiyo Yuka and Assentia Holdings commit to improving agricultural production by 10% to 50% and decreasing the use of pesticides and fertilisers by 60% to 80% of several farmers from various African countries over an eight-year span (from March 2022 to December 2029). This will be achieved by developing a new business model that will help farmers by providing low-cost solutions to help them increase their yield and decrease their pesticide and fertiliser use.

Specific action:

Create a new agribusiness model – a micro-franchise that fits the needs of each country in cooperation with local parties – improving farmers' lives by increasing their yield and the quality of their crops as well as dispensing the necessary education for organic farming. The micro-franchise will be centred around a biofertiliser that can be produced locally at very low cost.

Responsible parties:

Taiyo Yuka, Co., Ltd. and Assentia Holdings, Inc.

Measurable yield:

The yield will be the current usage of pesticides and fertilisers and the profits of farmers.

Baseline:

The baseline will be farmers with low yield, despite high usage of pesticides and chemical fertilisers, and a highly damaged environment/poor soil quality.

Timeline:

Start the operations in five countries in early 2022. Confirm the results with the farmers by 2023. Expand the micro-franchise model in surrounding areas as well as in neighbouring countries starting at the end of 2023.