Syngenta Annual Review 2015

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Annual Review

2015
i Syngenta Annual Review 2015 Contents

ii-09 10-13 14-25


Strategic overview Research and Crops in focus
ii At a glance Development 14 Cereals
01 Bringing plant potential to life 10 The industrys most productive 16 Corn
02 Chairmans statement innovation engine 17 Diverse fi ld crops
04 Chief Executive Officers 18 Rice
statement 20 Soybean
06 Our business model 21 Specialty crops
08 Our strategy 23 Sugar cane
23 Vegetables
24 Lawn and Garden

26-35 36-45
The Good Growth Plan Operational
performance
37 People
38 Sustainable operations
42 Business integrity
44 Public debates
27 Make crops more efficient 31 Empower smallholders
28 Rescue more farmland 32 Help people stay safe
30 Help biodiversity flourish 34 Look after every worker

46-63 64-67
Performance data Corporate
46 Regional performance 63 Independent Assurance Report information
47 Product line performance on the Syngenta Non-financial 64 Board of Directors
Reporting
48 Financial information 65 Executive Committee
55 Non-financial information 66 Shareholder information

About the Syngenta Annual Report For further information, including the Form 20-F,
The full print edition of Syngentas Annual Report 2015 comprises: the Our Industry publication and a section with
answerstomany Questions about Syngenta,
the
 Annual Review 2015, summarizing both financial visitourcorporatewebsite: www.syngenta.com
and non-fi ancial performance
Syngentas Annual Report also serves as our
the Financial Report 2015 annual Communication on Progress (COP) for
the
 Corporate Governance Report and Compensation theUnitedNations Global Compact.
Report 2015.
You can find our online Annual Report 2015 on:
The Annual Review includes quantitative and qualitative www.ar2015.syngenta.com
information on strategies, policies and actions taken regarding
our business and corporate responsibility goals.
ii Syngenta Annual Review 2015 At a glance

G
roup performance
Our focus has been on improving profitability
while continuing to support our customers
in a volatile economic environment.
F
inancial performance

Group sales Crop Protection sales2 Earnings per share3 Research and
Development investment

$13.4bn $10.0bn $17.78 $1.4bn


+1% (CER1) -1% (CER1) -8% -3% (CER1)

2015 13.41 2015 10.00 2015 17.78 2015 1.36


2014 15.13 2014 11.38 2014 19.42 2014 1.43
2013 14.69 2013 10.92 2013 19.30 2013 1.38

Cash flow return Seeds sales Dividend per share5 EBITDA


on investment4

11% $2.8bn CHF11.00 $2.8bn


+5% (CER1) 0% +16% (CER1)

2015 11% 2015 2.84 2015 11.00 2015 2.78


2014 11% 2014 3.16 2014 11.00 2014 2.93
2013 13% 2013 3.20 2013 10.00 2013 2.90

Non-financial performance

People trained Seed supply farms in Recordable illness Smallholders reached8


on safe use our fair labor program6 and injury rate7

5.7m 84% 0.38 17.2m


2015 5.7 2015 84% 2015 0.38 2015 17.2
2014 4.7 2014 53% 2014 0.37 2014 13.8
2013 2.8 2013 0.41

1 Growth at constant exchange rates (CER) 5 2015 dividend is subject to shareholder approval at  ead more about Financial information
R
2 Including sales of Crop Protection products the Annual General Meeting on April 26, 2016 on pages4854
toSeeds 6 2014 value was estimated and not assured
3 Fully diluted excluding restructuring and impairment 7 Per 200,000 hours, according to US OSHA definition Read more about Non-financial information
4 For a definition of cash flow return on investment, 8 Through sales on pages5562
see page 54

C
rop performance Crop sales $m1

We are using our deep understanding of crops Cereals $1,686m


Soybean $2,515m
to develop integrated offers, which increasingly
bring together genetics and chemistry.
 ead more about Crops
R Corn $3,161m Specialty crops
on pages1425 $1,882m
Diverse
field crops Sugar cane $271m
$1,105m Vegetables $1,540m
Rice $588m Lawn and Garden $648m
1 Crop sales are based on Syngenta estimates
iii Syngenta Annual Review 2015 At a glance

Business highlights
Throughout 2015, we continued to strengthen our offer
through market-leading innovation and collaboration.
Here are some highlights from the year.

Breakthrough corn herbicide New high-performance fungicides R&D Days: unparalleled pipeline
Syngenta received US EPA approval for ORONDIS and SOLATENOL received We demonstrated that our R&D is the most
ACURON, providing a step change in USEPA approval, expanding Syngentas productive in the industry and set out a
technology to address herbicide resistance. market-leading fungicide portfolio. pipeline of unparalleled innovation across
Read more on page 17 Read more on pages11 and 15 chemistry, seeds and traits.
Read more on pages1013

Corn traits licensing agreement Syngenta and DSM partnership The Good Growth Plan
Our licensing collaboration with KWS and The companies will develop and jointly We made significant progress and, with
Limagrain is further affirmation of the value commercialize microbial-based agricultural theOpen Data Institute, published data to
of Syngentas innovative GM traits portfolio. solutions, including bio-controls, bio- enable the unlocking of environmental, social
Read more on page 16 pesticides and bio-stimulants. and economic value.
Read more on page 12 Read more on pages 2635

Our global reach Europe, Africa and Middle East


Sales1 $m 3,884
Countries

Our teams around the world combine their local knowledge


Employees2,3
Research and Development sites
13,047
47
90
with our global assets and expertise, tailoring solutions Production and Supply sites 42
that create value for growers. Production and
North America
Sales1 $m 3,410 Supply sites4
North Europe, Africa
America and Middle East Employees2
Research and Development sites
Production and Supply sites
4,335
34
35
112
Latin America Research and
Sales1 $m 3,632 Development
Employees2 4,962 sites

119
Research and Development sites 13
Production and Supply sites 12

Asia Pacific
Sales1 $m 1,837
Employees
Employees2 6,360
Research and Development sites
Production and Supply sites
25
23 28,704
1 Excluding Lawn and Garden
Latin Asia 2 Permanent full-time equivalent (FTE) as of September 30, 2015
America Pacic 3 Including headquarters (Switzerland)
4 Including six multi-functional production sites
Syngenta Annual Review 2015 01

Bringing plant potential to life

overview
Strategic
We apply world-class science
andthe most productive research
and development in the industry
to achieve a step change

Development
Research and
in agricultural productivity.
In more than 90 countries
around the world, we enable
millions of farmers to improve

in focus
Crops
global food security by making
better, more sustainable use
of available resources.

Growth Plan
The Good
performance
Operational
data
Performance
information
Corporate
02 Syngenta Annual Review 2015

Chairmans statement

Extraordinary
2015 was a challenging year on a
numberof fronts, but one during which
Syngenta demonstrated its resilience,

circumstances,
outperformance and excellence. In
agricultural markets, crop prices remained
subdued and impacted the willingness

impressive resilience
ofgrowers toinvest in technology.
Nevertheless, preliminary data suggest
that the Company managed to gain

and a promising future


market share on a global basis, while
posting an improvement inmargin. In
these extraordinary circumstances, the
Board is proud ofwhat our Company
Preliminary data suggest that the Company managed to gain hasachieved.
market share on a global basis, while posting an improvement Economic uncertainty in emerging
inmargin. In these extraordinary circumstances, the Board is markets, which represent over 50 percent
proud of what our Company has achieved. of our sales, led to significant currency
weakness, notably in Brazil and the CIS.
Michel Demar These devaluations restricted our sales
Chairman growth, but our teams managed to cope
with the turbulence through a number of
actions in the field leveraging the quality
of our offer which enabled us to
progressively increase prices.
While profit growth was curtailed by
difficult agricultural markets and currency
headwinds, profitability improved driven
by the Accelerating Operational Leverage
program which, in its second year,
delivered more than the targeted savings.
The program is really gaining momentum
in the organization, and I am confident
that our 2018 savings target of $1billion
will be achieved and result in clear
profitability and cash flow leadership.
Chairmans statement Syngenta Annual Review 2015 03

overview
Strategic
Our industry-leading Research and We also made significant progress In that context, I was very pleased

Development
Research and
Development productivity and innovation indeveloping a clear framework for toannounce on February 3, 2016,
pipeline was showcased at our R&D measuring and tracking the sustainability atransaction with ChemChina that
days,attended by more than 570investors, ofour own operations. These are Ifirmlybelieve is in the best interests of
customers, stakeholders and employees centered on five areas energy, water, shareholders and all other stakeholders
over three days in September. With unrivaled waste, suppliers and logistics and the inSyngenta, including our employees,
breadth and depth of technologies across majority of associated actions will be ourcustomers and our communities.
chemicals, seeds and biotech traits, completed by the end of 2016. It is a transaction for growth and long-
Syngenta is in a very strong position to term investment, and one which
TheGoodGrowthPlan and the Syngenta
drive future growth. Theongoing success recognizes the tremendous value of our
Foundation for Sustainable Agriculture,

in focus
Crops
of the new fungicide ELATUS inBrazil, Company our innovation, our broad and
which continued its excellent job in
the launch of the novel herbicide deep market presence andthe excellence
supporting smallholders across the world,
ACURON in the USA and the expansion of our people. Moreover, the governance
really place Syngenta at the forefront of
of our corn traits licensing evidenced structure agreed in the transaction reflects
sustainability in our industry and make,
bythe license agreement concluded with the high standards that have guided the
inmy opinion, a real difference.
KWS/Limagrain in October demonstrate Company since its inception in 2000
not just our innovation power, but also our In October, Chief Executive Officer Syngenta remains Syngenta, and will
ability tocreate significant value from MikeMack informed the Board of his continue its ambitious standalone strategy
thatinnovation. decision to step down from his role after supported by an ambitious owner. Even

Growth Plan
The Good
eight years. Mike led the Company with better, growers around the world will
Excellent progress was made during
passion and dynamism, developing an continue tohave achoice.
theyear with The Good Growth Plan.
innovative integrated strategy, driving
Each target within our six commitments I should like to thank my Board colleagues
significant growth in sales and creating
was achieved, and we remain on track to for their judgment and support during
anew relationship with society through
meetour 2020 goals. We also increased thisprocess, and for their guidance during
TheGoodGrowthPlan. On behalf of
the number of reference farms in our the year.
theBoard of Directors, I should like to
network to over 1,000 globally, giving
thank Mike for his immense contribution Finally, I should particularly like to thank
usextensive and rich data. We reinforced
to Syngenta. allthe employees of Syngenta for their

performance
Operational
our transparent approach by publishing
dedication, hard work and commitment to
these data in partnership with the Mike was succeeded by John Ramsay,
the Company. The volatility created by the
OpenData Institute, so that interested who has a long and distinguished track
markets and by the industry consolidation
stakeholders can analyze and work record of leadership in the Company.
discussions have not caused them to lose
withour results. John is currently acting in an ad interim
focus. On the contrary, they start 2016
capacity, while a full internal and external
In addition, 2015 was the first year in with the same determination and pride
search is conducted. The Company is
which we achieved audit level of inwhat Syngenta has to offer to farmers
insolid hands, which allows a disciplined
assurance for The Good Growth Plan. around the world. I am confident they will
process to take place to select our
This is unique in the industry and very deliver again, whatever the circumstances.
data
Performance

futureleader.
rare in any industrial sector and
demonstrates the rigorous nature of 2015 witnessed much speculation
TheGoodGrowthPlan and the real, aboutindustry consolidation, and a
quantifiable and tangible benefits that mergerwas announced towards the
itbrings to society and the environment. endof the year between two of our
Finally, we became the first agriculture US-based competitors. This was partly
company to receive accreditation by driven bychallenging market conditions Michel Demar
theFair Labor Association (FLA) for and diminishing returns on R&D, while Chairman
ourprogram in India. Building on this investors expect greater and faster
information
Corporate

strongfoundation, we are now working returnsfrom the industry as a whole.


with the FLA on accreditation for our Asthe structure of the industry started
global program. toshow irrevocable signs of profound
changes, itwas important for the
Company to remain agile and assume
nostatus-quo.
04 Syngenta Annual Review 2015

Chief Executive Officers statement

Clear goals are key


As shareholders in an agriculture
company, you are familiar with the
impact positive or negative that

toour objective
commodity prices can have on our
business. The evolution of commodity
prices is determined by multiple factors,

ofoutperformance
including notably the weather. However,
over the last two years, geopolitical
andeconomic events have also had
asignificant influence on our business.
I remain convinced that the emerging markets, which today Managing currency volatility
areexperiencing such turmoil, continue to represent the
The 2014 events in Russia and Ukraine
majorgrowth driver for our industry in the future. I am had continuing implications in 2015
equallyconvinced that Syngenta has the necessary skills because of the massive currency
andexperience, as well as the right portfolio, to succeed devaluations in those two countries.
inthesemarkets. Iampleased to say that we were
successful in offsetting these devaluations
John Ramsay through price increases. While higher
Chief Executive Officer
Ad interim prices had some impact onsales of
seeds, where local alternatives were
available, our crop protection business
was virtually unscathed. This shows the
importance of high-value chemistry to
customers in these countries and the
strength of our market positions.
In January 2015, the Swiss National Bank
removed the Swiss franc peg against
theEuro, resulting in a rapid appreciation
of the franc. With some 13 percent of
ourcosts in Swiss francs compared
withless than 1percent of our sales
we,like many other Swiss companies,
stood to be adversely affected by this
move. However, thanks to our well-
established hedging program we
wereable to minimize the impact.
Chief Executive Officers statement Syngenta Annual Review 2015 05

overview
Strategic
The next currency challenge was the Managing for profitability I took over as the CEO ad interim of

Development
Research and
rapiddevaluation of the Brazilian real, Syngenta at the end of October. One
I am conscious that in recent years our ofmy first moves has been to align the
which accelerated during the summer profitability has fallen short of our own
just as the planting season was getting organization behind clear goals which
andour shareholders expectations. I am arekey to our objective of outperformance.
underway. With growers confronted therefore pleased that in 2015, despite low
withsevere liquidity constraints, it has The goals comprise: meeting or exceeding
commodity prices and currency volatility, our financial commitments; further
notbeenpossible immediately to raise we were able to increase profitability.
prices in response to the movement in improving the customer experience in
Inthecurrent environment, the need for order to maintain and grow market share;
thecurrency. In the coming season, efficiency improvements has emerged
however, we will begin to do so, building and driving simplification in everything
asa prevalent industry theme. Syngenta

in focus
Crops
on our experience in the CIS countries. wedo to increase our speed and impact.
took early action in this respect, having Iam confident that we have the framework
Inthe meantime, our focus has been announced our Accelerating Operational
onhelpingour customers through this in place to achieve these goals, all of which
Leverage (AOL) program in February are underpinned by the AOL program.
periodof economic difficulty, while 2014.The program has three pillars
safeguarding our balance sheet Ourstrength in innovation, which has
global operations, commercial and R&D beenamply demonstrated in the course
throughrigorous risk management. with targeted savings of $1billion in 2018. of2015, will be a further driver in terms
Overall I am proud of the way we have Wedelivered savings ahead of target ofthe customer experience.
navigated through this period of currency at$300million in 2015 and are firmly
instability. Currency movements reduced ontrack to deliver the 2016 target. I have been deeply impressed by the

Growth Plan
The Good
our sales by $1.8billion in 2015 and yet loyalty and determination of our people
As part of our commitment to improved during the last year, which has brought
theimpact on EBITDA was contained profitability, we have undertaken a review
ataround $100million. considerable challenges. This gives me
of all our seeds businesses, which will be the utmost conviction that we can
concluded at the end of the first quarter
Ongoing promise achieveour goals and deliver on
of2016. We will assess the profitability Syngentas immense promise.
of emerging markets potential ofeach asset as well as its
During my career of over 30 years at importance inthe context of an
Syngenta and its legacy companies, integratedoffer.

performance
Operational
Ihavespent extended periods in both
Latin America and Asia Pacific. I remain R&D excellence
convinced that the emerging markets, At our R&D Days in September, we
which today are experiencing such demonstrated that Syngenta has the
turmoil,continue to represent the major mostproductive R&D engine in the John Ramsay
growth driver for our industry in the future. industry, with every dollar spent generating Chief Executive Officer
I am equally convinced that Syngenta $10.70 in sales over the last ten years. Ad interim
hasthe necessary skills and experience, Wealso explained that investment in
as well as the right portfolio, to succeed R&Dis not just about invention it must
data
Performance

inthese markets. also enable products to be successfully


brought to market. With regulatory
hurdlesbecoming steeper, our expertise
and foresight in this area are increasingly
important Syngenta has a 100 percent
success rate in bringing products from
development to launch. We have now
putin place the platforms that will enable
us further to increase R&D productivity,
information
Corporate

while continuing to excel at the invention


and the development of new products.
06 Syngenta Annual Review 2015

Our business model

C
reating value The
resources
through innovation we depend on
Our business enables growers to meet ever-growing demand
forfood and other plant-based resources such as biofuels.
Demand is rising: both for greater quantity, driven primarily Financial capital
bypopulation growth, and for higher quality, driven byrising
affluence and changing diets.
People and the
These needs must be met without putting further pressure intellectual property
onresources that are already overstretched. We help farmers they create
rise tothe challenge through innovation rooted in our deep
understanding of crops and the needs of growers worldwide.
Chemical, biological,
genetic and
computational sciences
Uniquely equipped to succeed It gives us particular strength in serving
No competitor comes close to our smallholders and emerging markets,
rangeof experience: in biosciences and where the greatest opportunities for
yieldimprovement and our business Natural resources
breeding; in chemistry; across a huge
variety of crops; and across geographies growth exist.
and climate zones worldwide. Our expertise and our open, collaborative Facilities and services
This enhances the scope and pace of culture have made us a trusted and
our innovation, enabling us to transfer sought-after partner: we have built
technologies between crops and a rich network of productive alliances
Local communities
address challenges with holistic with academic institutions, other
solutions that integrate both seed agricultural businesses and growers.
andcrop protection science. These relationships leverage our own
Laws and regulations
resources accelerating our innovation,
sharpening our production efficiency
andincreasing our flexibility.
Our business model Syngenta Annual Review 2015 07

overview
Strategic
What What we The value

Development
Research and
we do create we provide

in focus
Crops
Research and development Products, services and solutions Return on investment
What we do Who we work with for growers
 rop protection
C  cientists and
S and shareholders
discovery universities
andinnovation Research institutions
 dvanced seed
A Crops
Farmers and suppliers
breeding
NGOs
Food, feed, fuel and fiber
 ddressing insect,
A
fungus, weed and  gricultural extension
A
environmental stress services Integrated

Growth Plan
The Good
oncrops solutions Sustainable intensification
for growers
of agriculture to provide
Production Adjacent food security
Products technologies
What we do Who we work with
Active ingredients Chemical suppliers Agronomic
Intermediates Toll manufacturers know-how Grower and
 ormulation, fill
F Seed supply farms customer satisfaction
andpackaging  awn and Garden
L
Seed production supply chain
Adjacent

performance
Operational
Products Crops technologies
Sustainable production
Commercial Herbicides Cereals Nutrients
What we do Who we work with Insecticides Corn  inancial
F
 roduct
P Growers Fungicides  iverse
D services Development of our
management Distributors field crops I nformation peopleandpartners
Seedcare
Crop-based offers systems
Demonstration farms Seeds Rice alongthevalue chain
 arketing, sales
M  rocessors
P Soybean
anddistribution Traits
and the food chain  pecialty
S
Agronomists crops
Economic value shared
data
Performance
 gricultural
A Sugar cane
extension services withemployees, suppliers,
Vegetables
Technology providers governments and communities
 awn
L
and Garden
Supporting activities
What we do Who we work with
Collective wellbeing
Stewardship Industry associations of communities
Product registration NGOs and IGOs
 ealth, Safety,
H
Environment, Stimulating research
information
Corporate

Quality and Security and sharing knowledge


 echnology and
T
engineering
 ulti-stakeholder
M
dialogue
08 Syngenta Annual Review 2015

Our strategy

Accelerating Integration:
five years on
valuecreation Create integrated offers
inthe field supported by
agronomic expertise and
Our focus is on delivering higher profitability and above-market adeep understanding of
growth, building on the success of our innovation. Weare grower needs now and
adapting our integrated strategy where necessary to ensure inthefuture
thatit isclosely aligned with the varying needs of our customers
around the world. Strong new products are vital for success,
andour ongoing investment in Research and Development is
securing theflow of innovation for many years to come. Syngenta was the first company to
develop an integrated strategy combining
crop protection, seeds, seed care and
traits. The value of the strategy is now
In a turbulent market environment, Ourstrategy needs to be at the service
widely recognized across the industry.
Syngentas ambition remains unchanged: ofprofitability as well as growth. We have
to bring greater food security in heightened our focus on cost efficiency, In the first five years of strategy
anenvironmentally sustainable way enabling us to deliver higher margins implementation, we have gathered
toanincreasingly populous world even in a context of lower crop prices. numerous insights from customers and
bycreating aworldwide step change Indoing so, we are exploiting the global from our sales people around the world.
infarm productivity. The launch of platforms put in place since launching This is enabling us to adapt and fine tune
TheGood Growth Plan and its increasing our integrated strategy in 2011. the strategy in accordance with the
influence across the business is taking conditions of each territory.
us nearer to realizing our ambition.
Broad technology platforms
Broad technology platforms, underpinned
by Research and Development (R&D), are
apre-requisite for providing comprehensive
solutions across crops. Syngenta is well
placed as the world number one in crop
protection, number three in seeds and
aleading player in both seed treatment and
genetically modified traits. We recognize,
however, that alone we cannot fulfil every
need. We have already demonstrated our
willingness to enter into partnerships and
collaborations to give our customers
access to additional tools.

Strong emerging market presence


The integrated strategy achieved early
success in the emerging markets, where
technology adoption and intensification
areresulting in ongoing demand for
complete solutions accompanied by
agronomic advice. As a consequence,
wehave been able to show share gains
inboth crop protection and seeds in
manyof these countries.
Our strategy Syngenta Annual Review 2015 09

overview
Strategic
Flow of innovation Innovation in seed breeding Market outperformance

Development
Research and
An upturn in innovation is now leading andtraits Our objective of above-market growth
toshare gain in a number of developed 20152020 isunderpinned by our recent new product
markets too. While a fully integrated Our HYVIDO hybrid barley will expand launches, current strong pipeline and
approach cannot be applied uniformly in further, demonstrating how innovation experience in tailoring and adapting
every market, we continue to strengthen canspur integrated offers in developed integrated offers. We are well placed in
our positions through the breadth and markets. In corn, our focus is increasingly theemerging markets, having completed
depth of our portfolio. With differentiated on the realization of trait revenues through aperiod ofextensive investments, and
seeds technologies such as HYVIDO and licensing agreements as well as through ourlong experience of managing risk is
ENOGEN, we can generate additional our branded business. In recent years, enabling us to navigate the current volatility

in focus
Crops
crop protection sales by demonstrating Syngenta has had the highest rate of trait in several of these countries.
the superior results achieved through innovation in the industry, and this has
combining genetics and chemistry. stimulated demand for both existing and Focus on seeds
future traits. As a result, trait revenue is Marketing seeds, which are often the
expected to more than double between growers first decision point, can expand
2014 and 2020. the opportunity for crop protection sales.
Innovation: delivering 20202025
While we have already seen evidence of
now and in the future Syngenta has a leading position in the
this in practice, we are also focusing on
maximizing profitability for each of our

Growth Plan
The Good
Bring strong new products development of hybrid wheat, building
seeds assets. We are developing clear
to market and combine onthe success of HYVIDO. We expect to
actions for each of the different crops
chemistry and genetics be first to market with this game-changing
within the business, with a particular focus
tocreate new solutions technology, with progressive launches
on those where profitability is significantly
across three regions.
andbusiness models below the average.
20252030
Starting in the middle of the next decade, Accelerating
the industry will see a new wave of trait Operational Leverage

performance
Operational
innovation in which Syngenta will again The improvement in seeds gross margin
Following the launch in 2014 of three play a leading role. Our pipeline includes will contribute to the increase in EBITDA
newactive ingredients including the replacement traits for insect control and margin targeted under the Accelerating
blockbuster ELATUS in 2015, we solutions for problems not yet addressed Operational Leverage program. The
launched ACURON, a new corn herbicide by traits, including sucking pests and program targets savings of $1billion in
and another blockbuster. The introduction soybean rust. 2018, with around 40 percent coming from
in the USA was positively received as a global supply, 40 percent from commercial
major step forward in managing resistant operations and 20percent from R&D.
weeds. Meanwhile, ELATUS continued There are multiple work streams driving
Outperform: targeting
data
Performance

togrow in its second season in Brazil. progress for each of these pillars. Cost
Thesuccess of both products shows above-market growth savings account for about 60percent of
thatour customers have an appetite the $1billion target, with the remainder
Our goal is to improve
fornew technologies even in depressed dependent on market growth of around
profitability while creating 4percent. Achievement of the cost
market conditions.
value for our customers savings is a paramount objective
through higher yields and throughout the organization.
better use of resources
information
Corporate
10 Syngenta Annual Review 2015

Research and Development

The industrys
Further solutions will come from our work
on bio-controls, which offer the advantage
of precisely targeted action and can

mostproductive
beused alongside synthetic chemistry.
Examples of current projects in this area
include RNA-based bio-controls to

innovation engine
combat Colorado potato beetle, and
weare now aiming to extend the scope
ofthis technology to corn rootworm and
other pests.
Syngenta invests around $1.4billion a year in R&D, and is unique Challenges such as heat, drought and
in combining chemistry, genetics, breeding and computational cold are known as abiotic stress and
science to develop new products and solutions. Our R&D represent future opportunity. Ourrecent
function is already the most productive and innovative in the solutions have included AGRISURE
industry, and we continue to increase returns while accelerating ARTESIAN optimized for water use
the pace of innovation. efficiency and ISABION, which
increases rice yields by protecting young
plants from cold during transplantation.

Our markets present major opportunities Major opportunities


for creating long-term, sustainable value to create sustainable value
through the successful development
Todays solutions are mostly in the area
andapplication of technology. To
ofbiotic stress: controlling weeds, insects
realizethese opportunities in 2015,
and disease. These challenges never
weinvested $1.36billion into research
stand still. We must constantly find new
anddevelopment(R&D).
ways to address emerging new pests
Investment in Research andresistance to established solutions.
and Development $bn We aim to anticipate problems, leveraging
2015 1.36 our broad portfolio of technologies to
2014 1.43 create new solutions. For example, we
predicted the emergence of glyphosate-
2013 1.38
resistant weeds and began work on
Our R&D strategy aims to anticipate and meeting the challenge a decade ago.
meet growers needs, faster and better Thishas yielded a series of new
than our competitors. products most recently ACURON,
which combines multiple modes of action
to combat resistant weeds and inhibit the
development of further resistance. We
launched ACURON in 2015 in the USA,
where resistant weed infestations in corn
have risen by 50 percent in just four years.
Research and Development Syngenta Annual Review 2015 11

overview
Strategic
Accelerating the pace The major product launch in weed control ORONDIS is based on the AI

Development
Research and
ofinnovation was ACURON a breakthrough solution oxathiapiprolin, licensed from DuPont:
providing four active ingredients and three oneexample of the way we are using
Between 2008 and 2014, we launched an
different modes of action to help growers partnerships to bring innovation to the
average of one new active ingredient (AI)
manage weed resistance. We also market faster. Across our crop protection
ayear and over 600 new crop protection
received US approval for ORONDIS, portfolio in 2015, we released more than
products. Between 2016 and 2024,
which offers a step change in controlling 70 new formulations.
wearestepping up the pace, with 10 new
diseases such as downy mildew and late
AI launches planned from a pipeline with
blight, at significantly lower application
over $4billion of sales potential.
rates than other fungicides.

in focus
Crops
Recent active ingredient launches
Products introduced since 2008
Product Indication Crops Year of peak sales Peak sales
SEGURIS Fungicide Cereals, diverse field crops, rice, 2018 >$150m
specialty crops, vegetables
VIBRANCE Fungicide Cereals, corn, diverse field crops, rice, 2020 ~$500m

Growth Plan
The Good
soybean, specialty crops, vegetables
CLARIVA Seedcare Cereals, diverse field crops, soybean 2018 >$200m
ELATUS Fungicide Cereals, corn, diverse field crops, 2020 ~$1,000m
SOLATENOL soybean, specialty crops, vegetables
FORTENZA Seedcare Cereals, corn, diverse field crops, rice, 2018 >$400m
MINECTO soybean, specialtycrops, vegetables 2020
ACURON Herbicide Cereals, corn, diverse field crops 2020 >$500m

performance
Operational
New Crop Protection pipeline
New blockbusters in large markets
Product Indication Crops Status Launch year Peak sales
ADEPIDYN Fungicide Cereals, corn, soybean, Stage 3 2016/2017 >$750m
specialty crops, vegetables
Lead 1 Insecticide Multiple crops Stage 3 2021 >$750m
data
Performance

Lead 2 Herbicide Multiple crops Stage 2 2023 >$600m


Lead 3 Fungicide Cereals, soybean Stage 1 (late) 2022 >$600m
Lead 8 Herbicide Multiple crops Stage 1 (late) 2024 >$500m

Large products in smaller segments


Product Indication Crops Status Launch year Peak sales
information
Corporate

ORONDIS Fungicide Vegetables, specialty crops Stage 3 2016 >$150m


Lead 4 Insecticide Vegetables, specialty crops Stage 3 2021 >$250m
Lead 5 Seedcare Cereals, corn, soybean Stage 1 (late) 2021 >$400m
Lead 6 Seedcare Multiple crops Stage 1 (late) 2022 >$200m
Lead 7 Seedcare Multiple crops Stage 1 (late) 2022 >$100m

Stage 1: Invention, optimization Stage 2: Evaluation Stage 3: Development and launch


12 Syngenta Annual Review 2015

In seeds, we achieved the largest number


of genetically modified (GM) trait New traits pipeline
introductions in the industry between The industrys next wave of new GM traits is some years Next generation traits
2010and 2014. We are progressing out, but Syngenta has the platform and the capabilities New abiotic stress traits
threenew GM traits for soybean and to continue delivering leading trait innovation to the market. New traits
cornthrough the regulatory approval
processes. These are OH2 soybean
andcorn molecular stacks for herbicide Corn rootworm
tolerance and corn rootworm. We also Herbicide tolerance
Relative probability of launch

have a strong research pipeline, with more


than 20 corn trait leads in late research
orwith late research potential. Our traits Broad Lepidoptera
have now been licensed by all our major Drought stress in corn

competitors, reecting the strength New soybean rust


ofourtechnology. Carbohydrate yield
in corn
In 2015, our breeding programs resulted
insignificant new launches in corn,
soybean and rice, as well as new yield Sucking insects
records for wheat and barley. In Vietnam,
the first hybrid developed in Syngentas 10 15 20

local rice breeding program was Years


Size of circles represents relative sales potential
approvedfor sale.

We expect to launch our first products Our integrated technology approach


Hybrid wheat launch plan around the end of thedecade. enables us to combine genetics, chemistry
Syngenta wheat hybrids could cover and computational science to develop
82million hectares. Productivity is rising new AIs with precisely targeted modes of
We are accelerating the pace of new action. In seeds, our unified R&D platform
2020
product launches, while also increasing allows us to take full advantage of our
France, USA
their value. Average sales per AI launch global presence and the broadest range
2021
India more than doubled from $0.2billion in ofcrops in the industry, applying our
20002004 to $0.5billion in 20102014. strengths in genomics, molecular markers
2022
Canada Trait productivity is also increasing, with and precision trialing to transfer technology
2023 combined peak sales potential of across crops.
Germany, $0.9billion in 20102014, compared Partnerships with academic institutions
UK
2024 withjust $0.1billion in 20002004. and technology companies are key to the
Poland
Integrating our breeding, traits and productivity and pace of our innovation.
2025
CIS chemical innovation engines into a single InNovember, Syngenta and DSM
R&D structure has allowed us to innovate announced an R&D partnership to develop
Technical proof of concept already achieved: at scale across crops and indications while microbial-based agricultural solutions,
Yield performance of hybrids enhancing collaboration and removing including bio-controls, bio-pesticides
Robustness of sterility system duplication of functions. In product safety andbio-stimulants. The collaboration
Seed production capability and regulatory activities, outsourcing more aimsto accelerate the delivery of a broad
than half our re-registration work has cut spectrum of products based on naturally
product safety cost per active ingredient occurring micro-organisms for pre- and
We are currently working to translate the totwo-thirds of the industry average. post-harvest application around the world.
success of non-GM technology HYVIDO The collaboration is underpinned by the
hybrid barley into hybrid wheat, thereby potential of double-digit growth in the use
revolutionizing the worlds largest crop. of biological solutions over the next
Wehave already demonstrated the yield 10years.
performance of hybrids in wheat and see
long-term sales potential of over $3billion.
Research and Development Syngenta Annual Review 2015 13

overview
Strategic
Investing in people

Development
Research and
andresources
Talent development is crucial to
maintaining leadership in innovation.
Ourtalent strategy attracts, retains and
develops scientists who can lead high-
performing teams. Diversity of experience
is fundamental to our approach, and
weactively pursue cross-functional
development across Syngenta. Additional

in focus
Crops
momentum comes from the launch of
ourcross-functional Career Development
Center with its purpose to drive career
aspirations and promote activities such
asmentoring and coaching.
The excellence of our teams continues
towin external recognition. Accolades
in2015 included the election of Mary Dell

Growth Plan
The Good
Chilton to the National Inventors Hall of
Fame in the USA; Principal Chemistry
Fellow Alain de Mesmaeker was appointed
the President of the Swiss Chemical
Society for his foundational work in
biotechnology; and our soybean
breedingprogram received the
2015FranzEdelmanAward. Smarter breeding brings results and rewards
Developing higher-yielding crop varieties is essential to

performance
Operational
We support our talented people with
constant investment in high-quality R&D producing more from less. One answer lies in agricultures
facilities. Our $94million investment in nextscience revolution analytics.
anew Innovation Center at Research
The Syngenta R&D soybean breeding team used advanced
Triangle Park in North Carolina, USA, is
mathematics and new tools to improve the process of growing
nearing completion for occupation in the
a wider variety of healthy crops. The tools dramatically
second quarter of 2016. This will provide
improved project lead training, decision-making and planning.
world-class facilities designed to stimulate
interactions across functions to drive The soybean breeding program won the 2015 Franz Edelman
data
Performance
innovation to new heights a testament to Award, the most prestigious recognition of applying advanced
our long-term commitment to advancing analytics to benefit business and humanitarian outcomes.
sustainable agricultural productivity.
The power of analytics is truly transformational in agriculture,
and we are now customizing these tools for use on corn,
sunflowers, rice and even watermelons.
information
Corporate
14 Syngenta Annual Review 2015

Crops in focus Cereals

Seeing the world


asgrowers see it Sales $m

$1,686m
Our aim is to transform the way crops are grown by looking Crop Protection 1,553

ateach crop through the eyes of the grower. Weve integrated Seeds 133

ourbusiness so that we can combine a broad range of


technologies that will have the greatest impact on yields, Current portfolio highlights
qualityand resource efficiency. No other company offers
 eading seeds business: wheat,
L
solutions for such a large number ofcrops. conventional and hybrid barley
Integrated growing systems, variety-
specific protocols: optimizing yield
Focus on returns supported By integrating seeds and chemistry and quality delivery
byongoing innovation intoprotocols, we can offer farmers
simple and reliable ways to maximize  DHI fungicide technology:
S
Farmers are investors. Whatever the SOLATENOL, SEGURIS/
performance. And we are transferring
scale of their activities, they must weigh BONTIMA, VIBRANCE
know-how across our broad crop
the amount they invest in inputs against
portfolio: experience with GROMORE
the returns they can reap in terms of yield
inrice, for example, has informed the
and quality. Cereals is the worlds largest crop by
development of similar offerings in
acreage, grown in over 120 countries
In 2015, commodity prices remained soft soybean, potatoes, vegetables,
worldwide thanks to its exceptional
for all major crops. Such conditions put cottonand sugar cane. Our expertise
agronomic versatility. Wheat is also
product performance under even greater inhybridization has expanded the
theworlds largest food crop.
scrutiny: growers must be convinced sunflower market and is now
that their investment in seeds and crop revolutionizing barley growing; With leading positions in crop protection,
protection technology will be worthwhile, wearemaking significant progress seed treatment and seeds, we are
even at lower crop prices. inriceand expect to launch wheat uniquely placed to offer compelling
hybridsat the end of thedecade. solutions to growers challenges. We have
Innovation can bring competitive edge
taken a lead in helping growers meet the
inchallenging markets. Pest pressures,
specific needs of their various customers
resistance and climate change present
including food companies, pasta makers,
constantly evolving threats to farmers
brewers and maltsters. Our integrated
returns, and demand new solutions
solutions combining seeds with crop
regardless of the crop price cycle.
protection and agronomic protocols
enable growers to raise both their yields
andquality.
Cereals present major opportunities
fortechnification. Syngenta has made
substantial investments that have placed
us at the forefront of the technology drive,
and we are already beginning to reap the
benefits. Our hybrid-seed technology is
revolutionizing barley farming and is set
todo the same for wheat a much larger
opportunity in the 2020s.

All crop sales in this section are


based on Syngenta estimates.
Crops in focus Syngenta Annual Review 2015 15

The cereals market was not an easy one

overview
Strategic
in2015, as softening commodity prices
made premium products harder to sell.
Despite these conditions, we built on
ourcrop protection success in 2014,
increasing share in most markets. This
reflects the strength of our portfolio: with
both traditional and new technologies,
weoffer an unrivaled breadth of solutions
across all geographies, notably in the

Development
Research and
areaof resistance management.
Towards the end of the year, we received
registration for our breakthrough SDHI
fungicide SOLATENOL for wheat in the
USA. This new chemistry has already
shown major success against soybean
rust in Latin America. The US registration
came too late to affect 2015 sales
significantly, but will be a major driver

in focus
Crops
in2016.

Increasing our leadership


inwheat
The German and Italian seed businesses
acquired in 2014 have reinforced our
global leadership in conventional wheat.
They have expanded our industry-leading
Boosting biogas production with
HYVIDO hybrid barley

Growth Plan
The Good
germplasm portfolio and strengthened the
opportunities open to us as we transfer In Italy, farmers have increased the production of biogas,
our hybridization technology from barley whichis used to generate electrical power or heat, by planting
towheat. HYVIDO hybrid barley instead of corn, wheat or triticale.

We are currently developing wheat hybrids HYVIDO offers several advantages over other crops; for
adapted to the highest-value markets, and example, it is more able to resist diseases, is more resilient
made encouraging progress in 2015 after tosevere weather conditions and produces more organic
successfully completing technical proof of material from each hectare. Also, farmers are able toplant
concept in late 2014. Having tackled the twocrops a year instead of one because HYVIDO

performance
Operational
technological aspects, we expect to launch hasashorter production time than alternative crops.
hybrid wheat around the end of this decade. In 2015, after just two years, HYVIDO accounted for
30,000hectares in Italy.
Profiting from innovation
inbarley
Meanwhile, HYVIDO has positioned us
atthe forefront of driving hybrid barley In France, the ongoing introduction of Outlook
adoption. In 2015, in a market facing the newhybrids has added to the attraction In 2016, we expect continued progress.
data
Performance

lowest commodity prices for a decade, ofthe offer: 40percent of our 2015 sales We will drive further cereals sales in the
weincreased European acreage of this were for products launched that year. Americas and in Europe through our
premium product by 20percent. With Backing HYVIDO with our Cashback partnerships with the value chain,
2015 launches in Italy, Serbia, Hungary, Yield Guarantee makes the choice very particularly in pasta and malting barley
Bulgaria and Romania, HYVIDO is rapidly attractive forfarmers, and planted acreage forbeer. SOLATENOL will be launched
replacing older technologies, with a strong doubled from 25,000 hectares in 2014 inNorth America, where it has significant
pull-through of our complementary crop to50,000hectares in 2015. We are sales potential, and has just received a
protection products. As the expansion targeting a similar increase in 2016. registration in Europe. VIBRANCE one
ofHYVIDO continues, we are also of our fastest-growing Seedcare products
information
Corporate

increasing profitability by developing new in North America and Europe will also
hybrids that cost less to produce and by benefit from new European registrations.
outsourcing hybrid supply.
16 Syngenta Annual Review 2015

Corn

Sales $m

$3,161m
Crop Protection 1,988
Seeds 1,173

Current portfolio highlights


 CURON: new herbicide for
A
enhanced weed control
ENOGEN corn offer
 ater optimization native trait:
W
AGRISURE ARTESIAN GM corn tackles pests, weeds and weather
Integrated insect and weed Growing corn in Vietnam is challenging due to the Asian corn
resistance management solutions borer the most damaging corn pest in Asia weeds and
adverse weather. Syngenta is helping farmers overcome these
issues with genetically modified (GM) corn. It is the first GM
Corn is Syngentas largest single crop. crop to be approved and grown in Vietnam.
It is widely grown across the world
The double-stack corn variety which is herbicide tolerant and
forfood, animal feed and, in the USA,
insect resistant improves productivity and crop quality.
forbio-ethanol.
Farmers receive a better return on investment, and Vietnams
Corn growers in many areas face a variety dependence on corn imports is reduced.
of pest pressures and unpredictable
The introduction of GM corn in 2015 supports Syngentas
weather conditions. Our technological
market leadership in Vietnam and is another step towards
leadership enables us to address these
meeting the global demand for food, feed, fiber and biofuels.
challenges with innovative and clearly
differentiated solutions. Our strong
proprietary trait platform is enabling us
toexpand our footprint and profitability in conditions. Although there were no Our CELLERATE process, co-developed
seeds, with increasing revenues coming widespread corn drought events in 2014, with Cellulosic Ethanol Technologies,
from trait licensing as well as seed sales. high grower satisfaction resulted in a enhances production yields by producing
In2015, we announced a licensing 50percent uplift to 600,000 hectares ethanol from waste corn kernel fibers.
agreement with KWS and Limagrain planted in 2015. Thefirst plant fitted with this technology
underwhich we provide the two reached production scale in 2015. It has
companies andtheir joint ventures with In the biofuels market, corn with our
demonstrated potential to increase
worldwide rights to our GM corn traits ENOGEN trait makes bio-ethanol
production from existing plants by a further
portfolio. Thiscollaboration follows on production substantially more efficient.
6percent or an extra 7.7billion liters of
fromlicensing agreements with all other Aswell as producing more fuel from a
fuel annually on top of ENOGEN-based
major corn seed companies. given amount of crop input, it can cut
yield improvements.
atypical bio-ethanol plants water use
Producing more with less byaround 1.7million liters a year. In 2015, Water efficiency is a cost issue as well as
We help growers to reduce their water ENOGEN acres more than doubled an environmental one: irrigation can cost
needs. In 2014, North American growers compared to 2014. Contracted production US farmers $550 a hectare. Our response
planted 400,000 hectares of our plants currently have acombined annual is Water+ Intelligent Irrigation, an integrated
AGRISURE ARTESIAN hybrids which capacity of over4.75billion liters of approach that cuts water inputs by
provide season-long drought protection ENOGEN-basedethanol. combining AGRISURE ARTESIAN
and also provide high yields in normal
Crops in focus Syngenta Annual Review 2015 17

with agronomic protocols and irrigation

overview
Strategic
equipment developed with Lindsay
Corporation. In 2015, the number of
hectares enrolled was up 70percent
with growers earning a return on
investment of around $230 per hectare.

Combating weed
andinsectresistance
Resistant weeds and insects are eroding Globally, we have 30percent market

Development
Research and
the effectiveness of conventional crop Diverse field crops shareof planted sunflower acreage but
38percent of crop value due to the high
protection practices and products. This
provides increasing opportunity for our value and performance of our hybrids.
strong technology portfolio and solutions Portfolio rejuvenation is a key part of our
with multiple modes of action. strategy, and between 2015 and 2016
wewill have replaced a third of our seeds
In 2015, our breakthrough herbicide portfolio as we introduce new next-
ACURON received approval by the generation herbicide-tolerant varieties
USEnvironmental Protection Agency. aswell as high-oleic varieties that meet

in focus
Crops
Combining a new chemical, bicyclopyrone, market needs.
with three other active ingredients, it
controls a wider range of weeds than Herbicide tolerance is a cost-effective
anyexisting selective herbicide used in Sales $m wayto improve yield, particularly in
corn and will be critical in making corn combination with our leading herbicides
production more sustainable. Though
approval came towards the end of the
$1,105m for broomrape control: LISTEGO and
CAPTORA. Our integrated offer is the
planting season, 200,000 hectares were
Crop Protection 593 only successful solution for broomrape,
treated in 2015; global sales are forecast Seeds 512 which can destroy a crop entirely. It will
spearhead our drive for growth across

Growth Plan
The Good
toreach $500million by 2020.
themarket in 2016.
Sales of our insect control traits are Current portfolio highlights
expanding, boosted by Chinas approval  igh-value hybrids: NK,
H Oilseed rape
ofAGRISURE VIPTERA corn for import. SYNGENTA, SPS, MARIBO, We achieved ambitious crop protection
Insect resistance is a particular issue in HILLESHG sales targets in our key European markets.
thetropical conditions of Latin America, Seeds sales grew strongly as the market
Integrated sunflower weed control
where AGRISURE VIPTERA is the only trend towards hybridization continued. We
system: native trait, LISTEGO,
trait without resistance issues and the successfully integrated the German and
CAPTORA
onlyeffective response to a critical

performance
Operational
Polish winter oilseed rape breeding
challenge, fall armyworm. In North Enhanced root health: VIBRANCE
operations acquired in 2014.
America, our AGRISURE DURACADE
trait and FORCE insecticide are key European farmers continue to face crop
Diverse eld crops principally consisting damage resulting from the EUs temporary
toolsfor farmers combating corn
of sunower, oilseed rape and sugar suspension of neonicotinoid seed
rootworm pests.
beet are attractive crops offering treatment, which prevents use of the
Profiting from generally robust margins. Demand insecticide CRUISER. No current
isdriven by a wide range of markets:
technologyleadership alternatives are as effective as
vegetable oils and sugars, animal feed, CRUISER,but our contingency plans
data
Performance

In the year ahead, sales and profit industrial applications and biofuel
growthwill be powered by our unique forreplacement, as well as our continuing
production. Productivity varies widely, work on renewing our insecticide portfolio,
technologies particularly ENOGEN, offering ample scope for growth through
AGRISURE ARTESIAN and ACURON. are resulting in important new products
technology intensication. forboth the short and longer term.
We also expect further progress in
AsiaPacific: we are spearheading trait Sunflower In the Canadian canola seed market,
expansion in Vietnam, where we are Syngenta is the market leader in ourintegrated whole-farm approach
already market leader and have received sunflowers. In our largest markets, seed, crop protection and rotation with
approval for a trait that controls Asian Russiaand Ukraine, 2015 revenues were cereal crops is delivering good results,
information
Corporate

cornborer, a significant corn pest in impacted by adverse exchange rates and and further growth is expected in2016.
ASEAN countries. soft commodity prices. We were, however,
able to maintain profitability through
priceincreases.
18 Syngenta Annual Review 2015

Building a differentiated offer


Rice In most of our key markets, we are
theleaders in crop protection, with a
consistent record of growth. In recent
years, we have become more active in
seeds, with emphasis on hybrid seeds
andtechnologies offering substantial
productivity increases particularly for
thelow-tech farmers who grow most of
Sugar beet the worlds rice. This effort has gathered
A global oversupply of sugar caused momentum since the 2012 acquisition
reductions in sugar beet acreage in ofDevgens two-line hybrid technology
2015,although in Russia poor weather and broad germplasm portfolio. Hybrids
Sales $m
conditions resulted in many farmers represent a significant market opportunity,
replanting. Business performance was
disappointing and we are currently $588m as their penetration outside China is less
than 5percent.
focusing on driving improved profitability. Crop Protection 575
We have three strategic aims: maximizing
Seeds 13
We are working with European farmers the potential of our crop protection
toprepare for the elimination of EU sugar portfolio; building a profitable seeds
quotas in 2017, which will intensify Current portfolio highlights business; and building a differentiated offer
competition from imported cane sugar. around labor saving and convenience.
 ROMORE:
G
We expect sugar beets share of the Underpinning all these is the GROMORE
integratedriceprotocols
world sugar market to remain stable as program, which integrates seeds and crop
European companies strive to improve  ew crop protection products:
N protection protocols to deliver major
their sugar production cost efficiency. CHESS and VOLIAM TARGO advances in productivity, reliability and
Although the changes will be challenging  eading native trait
L quality. GROMORE has now reached
for smaller players, they will bring new for bacterial leafblight over amillion growers across Asia Pacific,
export opportunities for the biggest consistently raising yields by up to
processors who are becoming more 30percent.
demanding customers as a result. Rice is a staple for more than 2billion
Thereis already growing pressure in people, providing livelihoods for almost Reaching smallholders
themarket for higher quality produce abillion growers and workers in the value moreefficiently
atcompetitive prices. chain. Our activities in Rice are focused A focus on smallholders is central to
onAsia Pacific, where 125million hectares ourstrategy. The challenge is one of
of rice are grown: around 27percent of scale:Asia Pacific has over 300million
Syngentas Asian revenues come from smallholder rice farmers, so we need
ourRice business. anefficient way to reach them, generate
Crop productivity varies considerably demand and service them while keeping
Asias most technified markets average close track of effectiveness and
around 67 tonnes per hectare, roughly profitability. Having developed
double the yields achieved by less GROMORE as a proven and scalable
developed countries. But current agronomic solution, we have now
improvements in productivity are not established an efficient industrialized
keeping pace with demand and resources platform for smallholders that will be
are under pressure the supply of water piloted in Thailand in early 2016.
for this water-intensive crop is diminishing,
and urbanization and industrialization are
reducing the availability of land and labor.
Crops in focus Syngenta Annual Review 2015 19

Falling market prices for rice, and adverse

overview
Strategic
weather in South Asia and ASEAN, had
anadverse effect on crop protection
salesin 2015. But successful product
introductions included CHESS and
VOLIAM TARGO, which performed
particularly well in South Asia and China.

Building our position in hybrids


In seeds, we are progressing with work

Development
Research and
onthe Devgen two-line hybrid technology
platform. We anticipate market launch of
our first two-line products in 2018 in the
Philippines. Meanwhile, we have registered
our first locally-developed hybrid in the
important Vietnamese market.
We have been building capability in our
R&D and production organizations to

in focus
Crops
support future growth, while rationalizing
our existing seeds portfolio to raise
average margins.
We have discontinued the TEGRA
mechanized offer, which was not realizing
sufficient levels of profitability; however,
wewill continue towork on the related
technology, leveraging our experience
ISABION Untreated
intheGROMORE protocols.

Growth Plan
The Good
In 2016, we will be expanding the Overcoming natural threats to rice
smallholder approach to drive GROMORE Rice faces not only pests and disease, but also abiotic stress
sales in many more smallholder rice such as heat and cold. This affects growers in terms of yield,
markets, while building onthe success time and ultimately their livelihood.
ofour recent crop protection launches.
With ISABION, a biostimulant, rice can better withstand
abioticstress. By enhancing the plants nutrient uptake,
ISABION mitigates the impact of heat or cold and delivers

performance
Operational
superior yield under stress conditions. This is particularly
important in light ofclimate change.
In trials across Asia, rice seedlings treated with ISABION
weremore vigorous and yielded up to 1015 percent more
than untreated plants. ISABION is available in Asia including
China and India. New offerings in more countries and for
othercrops will follow.
data
Performance
information
Corporate
20 Syngenta Annual Review 2015

Soybean

Sales $m

$2,515m
Crop Protection 2,124
Seeds 391

Current portfolio highlights


 LATUS: market-leading
E
soybeanrust control
 lite varieties with herbicide-tolerant
E
and insect-resistant traits
 road portfolio for weed resistance
B
and early weed management

Customized solution
Soybeans are the largest protein source to help increase productivity
inagriculture and are also used in biofuels.
Some 120million hectares are planted Soybean growers need to meet rising demand without
in25 countries. Over 70percent ofthis increasing the amount of farmland used, so improving
acreage is in Brazil, Argentina and yieldsisa constant challenge.
NorthAmerica, which as a result of In Brazil, Syngenta provides its High Yield Soybean
highyields account for over 80percent integrated crop solution, locally named INTEGRARE.
of global production. The offer designed based on grower insights and our
Global demand for soybean is growing at technology expertise can be customized to different
4percent annually. Yields are threatened environments. Itincludes best-in-class seeds, seed
by resistant weeds, particularly in the treatmentsand crop protection with robust protocols,
USA,and by disease and insects in combined with a choice ofagronomic or financial services
LatinAmerica. As suitable acreage is suchas nutritional advice orrisk management tools.
limited, soybean growers are under Following initial field results delivering 510 percent better
pressure to increase yields and are hence yieldthan competitors crops, the INTEGRARE solution
very receptive to technological solutions wasused on 300,000 hectares in 2015.
inbreeding, genetically modified (GM)
traits and in chemistry, where Syngenta
isthe market leader.
Leading the field Our herbicides also achieved strong
Our strategy focuses on delivering growth, driven by the success of our
solutions to growers that enhance yields
incropprotection
weedmanagement programs in the
without using more land, water or inputs. In crop protection, we have the leading
USAand Argentina to combat
We have been accelerating the pace of technology in herbicides, fungicides
glyphosateresistance.
innovation, not only in crop protection but andinsecticides.
also in seeds where we have pioneered The highlight of 2015 was the ramp-up
the use of applied analytics to breed ofELATUS in Brazil, following its launch
higher-performing varieties faster. in2014. This breakthrough fungicide
provides exceptional protection against
rust, and sales to soybean growers
inBrazil reached $384million.
Crops in focus Syngenta Annual Review 2015 21

Raising profitability

overview
Strategic
throughefficiency,
partnershipsand innovation
In soybean seeds, our emphasis in 2015
was on increasing profitability. Building on
our excellent germplasm portfolio, our use
of applied analytics has further enhanced
our ability to develop differentiated, high-
yielding varieties that complement our In 2015, we achieved more than
crop protection technology.

Development
Research and
Specialty crops 270new use registrations in Specialty
The rapid introduction of new traited crops. Theseincluded applications for
varieties in our Brazil portfolio was ourchlorantraniliprole-based insecticide
supported by a new partnership model, mixtures DURIVO, AMPLIGO and
which has multipliers in the market, VOLIAM TARGO across Europe. We
aswellas by a focus on efficiency anticipate a particularly strong grower
withinthe Accelerating Operational response to the launch in2016 of our
Leverage program. newhigh-performance fungicide,
ORONDIS, which achieved

in focus
Crops
An integrated strategy USregistration in late 2015.
forgrowth We also enhance existing products.
We are uniquely placed to help growers Sales $m In2015, we gained first registration for
increase their yields sustainably, and our aninnovative new formulation of our
integrated crop strategy in soybean builds
on the broadest portfolio in the industry.
$1,882m emamectin insecticide. On fruit trees,
potatoes and grapes, the new formula
We developed our High Yield Soybean Crop Protection 1,882 halves the application rate by using a
solution in close collaboration with our Seeds 0 sunscreen additive to reduce ultraviolet
customers, looking at their specific needs degradation of the active ingredient.

Growth Plan
The Good
for each crop stage and providing them
Current portfolio highlights
with a complete offer to increase yield and Potatoes: contributing
provide assurance of return on investment.  road crop protection technology
B to food security in China
footprint and breadth Over the past three years of trial and
This solution combines our best-in-class
portfolio seeds, seed treatment and  ecent launches: ELATUS,
R commercial use, our Potato Healthy
cropprotection and customized REFLECT, DYNALI, AMPLIGO, Tubersolution combining quality
protocols with agronomic support such DURIVO, VIBRANCE seedpotatoes, chemistry and growing
asnutrition advice and financial services  ommercial ramp-up of
C protocols has helped Chinese growers

performance
Operational
including risk management. Tailored sustainability-based solutions to increase yields by over 30percent
foreach territory, it was first launched andearn a 3:1return on their investment.
inBrazilas INTEGRARE, with In2016, we plan further enhancements
300,000hectares planted in 2015. Our Specialty crops business is inpartnership with other leading suppliers
It is now being expanded in the USA focusedon crop protection in more inareas such as breeding and machinery.
under the AGRIEDGE umbrella with than40 high-value crops around the
150,000 hectares planted in 2015, world. Itholds strong positions in many Fruits: enhancing growers
and being piloted in Argentina markets,with around 80percent access to markets
asINTEGRASOJA. ofsalescoming from four principal Changing regulatory and food chain
data
Performance

Specialtycrop groups: potatoes, requirements make it increasingly difficult


Looking ahead cotton,fruits and plantation crops. forfruit growers to access profitable
In 2016, we expect to extend our crop Specialty crop growers often have limited markets for their produce. Our Fruit Quality
protection leadership as we drive access to new technology, as individually Contract solution provides market access
SOLATENOL sales in Latin and North their markets are too small to justify guidance backed by tailored crop
America and launch a further SDHI substantial research and development protection protocols. In 2015, we tripled
fungicide, based on the new active investment. We bring Syngentas broad itscoverage to 30,000 hectares. Current
ingredient ADEPIDYN, in Argentina. We portfolio of crop protection technology acreage is mainly in Europe, but we see
will continue to enhance seed profitability tothese smaller market sectors by potential in rapidly-growing export markets
information
Corporate

as we introduce new traited varieties in our assessing new active ingredients for such as Chile and India. Growth will be
portfolio, and will further extend our High theirapplicability to specialty crops. boosted in 2016 by unique new digital
Yield Soybean solution. Wherenecessary, we then introduce applications offering faster and more
newformulations or make the best use precise market access recommendations.
ofexisting solutions.
22 Syngenta Annual Review 2015

Cotton: improving agronomic


Helping growers access attractive markets
knowledge in India
Apple growers can face a challenge in exporting to some
Our integrated FAST START
European countries. Supermarkets, especially in Germany,
PERFORMANCE (FSP) program is
demand high-quality fruit with minimum pesticide residue
gaining rapid acceptance among cotton
levelsthat are even lower than European Union requirements.
growers in India, with participants up
Syngenta has responded with the Fruit Quality Contract (FQC). from3,500 to more than 12,000 in 2015.
In2015, we began working with seven grower groups in Poland. FSP enhances growers agronomic
We provide growers with training and customized advice knowledge, while its optimized chemistry
oncropprotection using fast-degrading active ingredients. and protocols support early crop
Residue levels are met, and growers gain access to establishment and ensure strong plant
attractivemarkets. growth. Average yield increases of over
20percent and improved fiber quality
The goal for 2016 is to scale up to 3,000 hectares of apple
haveraised growers profitability and
orchards in Poland.
satisfaction. We launched FSP to over
700industry representatives in Australia
for the 2015 season, in partnership with
Cotton Seed Distributors. Trials will
continue in 2016 to assess new seed
treatment approaches.

Coffee: expanding NUCOFFEE


In Brazil, we continue to grow our
NUCOFFEE program. This enhances
growers profitability through agronomic
protocols to improve productivity,
combined with quality assurance
tosecurehigher prices. In 2015, we
expanded NUCOFFEE to smaller farms
inBrazil and introduced it to leading
growers and cooperatives in Colombia.
Further expansion will follow in 2016.
Crops in focus Syngenta Annual Review 2015 23

Revolutionizing

overview
Strategic
Sugar cane sugar cane cultivation
In order to raise vigor and yields, we have
been developing new crop protection
protocols while pursuing our work on
breeding. We are producing high-quality
seedlings under the PLENE brand at
ourItpolis biofactory in Brazil. Branded
PLENE PB, these pre-germinated plants
are used by sugar mills and growers to

Development
Research and
plant their nurseries and to fill the gaps Vegetables
found in fields after crop establishment
Sales $m orafter harvesting, with the aim of
recovering the full yield potential of the
$271m fields. PLENEPB was introduced on
380hectares in 2014 and planted on
Crop Protection 271 2,500 hectares in 2015.
Seeds 0
Meanwhile, we are making further

in focus
Crops
progress towards the launch in 2017
Current portfolio highlights ofthefull PLENE program, incorporating
 nique chemical solutions for biotic
U a system of direct mechanized planting.
This system is being developed through Sales $m
stress: MODDUS, CALLISTO,
ACTARA
Integrated fields
alicensing agreement for CEEDS
(CropExpansion Encapsulation and $1,540m
Drilling Systems), a technology allowing Crop Protection 924
Nursery solution: PLENE PB growers to plant small encapsulated Seeds 616
seedlings instead of large pieces of cut

Growth Plan
The Good
sugar cane. This increases the number
Demand for sugar cane continues to ofhectares that can be planted in a day, Current portfolio highlights
grow to feed the worlds increasing enabling mills and growers to further Innovative cyantraniliprole insecticide
appetite for sugar and also for use in improve yields and quality by planting only and seed treatment mixtures:
biofuel production. More than 40percent in optimal weather conditions. In 2016, sucking pests
of the worlds sugar cane is now produced wewill run the first demonstration plots
in Brazil, which has more than doubled with customers.  road seeds portfolio with leading
B
itsproduction in the past decade. Brazil native traits: leafy and fruity
istherefore our largest single market for We are also harnessing our experience in vegetables, brassicas

performance
Operational
sugar cane. genetically modified traits for soybean and
 ommercial ramp-up of MAXVEG
C
corn to develop new sugar cane varieties
In comparison to other field crops, integrated smallholder offer
as part of integrated solutions against
relatively few technologies are available for insects and herbicide resistance.
sugar cane, signifying considerable scope Our global Vegetables business covers
for intensification. Yields currently average Rationalizing to more than 30 species across five
75 tonnes per hectare, but could enhance profitability categories: peppers and tomatoes,
potentially be raised to several hundred melons and cucumbers, salad vegetables,
In 2015, we rationalized our crop
tonnes. Until recently, cultivation methods brassicas and sweet corn. Across all
protection portfolio but increased
remained highly traditional, with pest
data
Performance

profitability. We moved away from some thesemarkets, there is an overall trend


control achieved largely by pre-harvest ofrising expectations in terms of both
high-volume but low-margin products,
crop burning. Now many countries are quality and seasonal availability. We help
tofocus on fungicides and insecticides
phasing out crop burning the practice growers meet the requirements of their
where our products are clearly
will soon be banned throughout Brazil customers whether consumers, retailers
differentiated from the competition.
and harvesting is becoming increasingly or processors while improving their
Thelaunch of AMPLIGO for borers
mechanized. These trends are driving productivity and sustainability.
andother insects was well received
greater demand for herbicides,
andsales have been growing rapidly.
insecticides and fungicides. Currently our major Vegetables markets
are Europe and the USA, which continue
information
Corporate

to grow well. We are targeting future


growth in Latin America, Africa and Asia
Pacific and, in particular, see substantial
potential in China and sub-Saharan Africa.
24 Syngenta Annual Review 2015

Lawn and Garden

Bringing big crop solutions Bringing technology benefits


tosmaller crops tosmallholders
As is the case for specialty crops, Smallholders are increasingly important
vegetable growers can miss out on new tous as we expand our reach in emerging Sales $m
technology as their separate crops cannot markets. We aim to boost their profitability
justify substantial investment in R&D. To
give growers access to Syngentas broad
by making technology more accessible.
Our MAXVEG platform integrates modern $648m
portfolio of crop protection technology, chemistry and agronomy to maximize Crop Protection 455
weevaluate new active ingredients under marketable yields through safe, effective Seeds 193
development for larger crops to identify use of crop protection consistently
suitable applications for vegetables. raising productivity by more than
Wethen introduce new formulations that 20percent. Our Lawn and Garden business provides
bring vegetable growers the benefits of industry-leading chemistry for professional
In 2015, we expanded MAXVEG turf and landscape markets such as
thelatest chemistry, or ensure that they
throughout India and China. Reaching golfcourses, and for industrial pest
can make best use of products formulated
vastnumbers of smallholders, particularly management. It also includes Syngenta
for other crops.
in Asia, is a challenge we also face in rice. Flowers, a market leader in mass market
This cost-effective approach has made We are drawing on our experience of the and value-added plants which develops
usa top-three player in all five of our GROMORE rice program for the mass innovative solutions for seasoned and
Vegetable categories, maximizing the marketing and delivery of MAXVEG hobby gardeners alike. Our high-value
value of our innovation. across a wide range of vegetables. chemistry solutions, flower offerings
We achieved more than 400 new use andretail partnerships help to enrich lives
Innovating in Vegetables Seeds, and make living environments inspiring
registrations in Vegetables in 2015.
growing crop protection and healthy.
Theseincluded a range of vegetable
applications in Europe for our insecticide Our Vegetables Seeds business is high
Lawn and Garden achieved a strong
mixtures DURIVO, AMPLIGO and margin with a significant global footprint
financial performance in 2015. We drove
VOLIAMTARGO. and a wide array of class-leading varieties.
growth by launching new products,
It has an excellent record of innovation and
In 2015, we received first registration increasing market penetration,
introduced 180 new varieties in 2015.
foraninnovative new formulation of our broadeningour reach in new and
emamectin insecticide, which halves the In our crop protection business, we can established markets and expanding
application rate by reducing ultraviolet leverage technology from other parts ourflower retail programs. And, although
degradation of the active ingredient. ofthe business. Our productpipeline we faced some market headwinds, we
remains very strong, andin 2016we will mitigated risks by prioritizing investments
benefit from the USlaunchofour new and controlling costs.
high-performance fungicide,ORONDIS.
Crops in focus Syngenta Annual Review 2015 25

Innovations drive

overview
Strategic
market share growth
In our key North American turf and
ornamentals market, we gained market
share through new product launches
including APPEAR, HERITAGE ACTION,
MAINSPRING, SECURE and VELISTA.
These offer customers value by increasing
productivity and sustainability and,
in turf applications, playability.

Development
Research and
Our professional pest management
business has expanded mainly in North
America, following successful integration
of the DuPont professional insecticides
portfolio acquired in 2012. Numerous
registrations currently pending will enable
us to introduce this innovative chemistry
portfolio in all of our other regions.

in focus
Crops
Thepotential was demonstrated in
2015by theexcellent take-up of
ACTELLIC CS300, which we launched
into many African countries. This
encapsulated insecticide provides
long-lasting control against malarial
mosquitoes resistant to pyrethroids.
We also made promising progress in
Controlling multiple turf diseases

Growth Plan
The Good
newtree care technologies including
micro-injection to control pests in trees The fungicide VELISTA successfully controls multiple diseases
inFrance. This is a highly profitable affecting turf through the innovative SDHI mode of action. It is
business where we are strongly avaluable addition to our portfolio, and can be used in rotation
positionedfor growth through our with other fungicides to help manage the resistance of turf
combination of high-value chemistry grass to other treatments.
andproduct innovation based on deep
understanding of customer needs. Syngentas formulation department was quickly able to
developthe newly-acquired active ingredient, penthiopyrad,
Flowers offer pleases retailers into a product that met the quality and efficacy required by

performance
Operational
Our premium flowers business is based thecompany and its customers.
onindustry-leading innovation, high-quality VELISTA has been well accepted by customers in the
genetics and an efficient distribution important golf sector, and sales have outstripped expectations.
network. A strong performance in 2015
resulted from increased profitability in the
mass market plants business, successful
reorganization of the Europe-based
FLORIPRO SERVICES and an improved
data
Performance

seeds forecasting process. Our flowers


retail programs showed continued
success during the crucial spring period,
setting new value-added price points
whileboosting profitability for our retail
andchannel partners. We also made
significant progress in attaining
GLOBALG.A.P. and GRASP certification
for our flowers farms.
information
Corporate
26 Syngenta Annual Review 2015

The Good Growth Plan

Securing a
Across our six commitments, we
areestablishing a growing body
ofproductive partnerships. We are

sustainable future maximizing the value of what we


learnbyleveraging knowledge across
projects,partners, territories and crops.

The challenge of feeding a fast-growing world population is well Supporting the


documented. As a business that serves the agricultural industry, UNsSustainable
helping farmers rise to that challenge is part of our mission. DevelopmentGoals
Itscentral to our strategy for business growth. In 2015, the United Nations (UN)
announced 17 Sustainable Development
The Good Growth Plan goes further: its our commitment Goals (SDGs) that member states will be
to help farmers meet the challenge sustainably. Thats central expected to use to frame their agendas
to our strategy for ensuring that our own business has a and political policies over the 15 years
sustainable long-term future. This is far-sighted business from January 2016.
planning with hard, stretch targets. Were consciously setting
We welcome these goals, and believe
our sights higher and measuring and reporting the impact. theywill help to mobilize the action
andinnovation needed to make a
betterand more sustainable world.
The Good Growth Plan is an integral As part of our business strategy, it sets Toachieve them, member states
partof our business strategy. Its six targets that are quantified, measurable willneed to build multi-stakeholder
commitments focus our skills and and ambitious. While we cannot be partnerships, address governance
resources on understanding and certain that we will achieve them all by challenges, and invest in new
meetingthe most pressing needs the2020 target date, we do know that technologies and business models.
ofourcustomers and stakeholders. wewill not achieve them on our own. Theywill need better data for
Itdemands innovation and enterprise Working in partnership with others monitoringand accountability,
from every part of our organization. farmers, academic institutions, NGOs, madeopenly accessible to
governments and other organizations acceleratesustainable innovation
The Plan considers: the resource
is an essential part of the Plan. To foster andtechnologicaladvancement.
efficiency that must underpin current
collaboration, we are publishing our WithTheGood Growth Plan, we
productivity; the ecosystem resilience
targets and results transparently, and believeSyngenta has already begun
necessary to sustain future productivity;
sharing data openly so that all interested tomake itscontribution.
and the knowledge transfer needed
parties can build on what we learn.
tosupport and strengthen rural
 or more on the UNs SDGs, visit:
F
communities. It pays particular attention Two years into The Good Growth Plan, sustainabledevelopment.un.org/topics
tosmallholders, because they have more than 3,600farmers and many  ee detailed performance data for
S
thegreatest potential to increase organizations are working with us to The Good Growth Plan on pages 5758

farmproductivity. demonstrate and measure what is


possible for 21crops, the environment
and the people in 42countries. We are
gathering increasingly reliable data,
independently collected and validated,
andpublishing it in accordance with best
practice using open data formats to
beas transparent, accountable and
usefulas possible.
The Good Growth Plan Syngenta Annual Review 2015 27

Higher quality wheat for better pasta production

overview
Strategic
Make crops Producing high-quality pasta begins with growing top-quality
more efficient durum wheat, which has consistently high protein content. In
Italy, we are helping growers produce more, top-quality durum
Increase the average productivity wheat through the value chain project Grano Armando,
ofthe worlds major crops by guaranteeing them a higher, more reliable income.
20percent without using more
land,water or inputs More than 1,000 growers benefit from a sustainable cultivation
protocol, quality seeds and farmer support. The growers also
join a network that connects them with pasta manufacturers

Development
Research and
Average productivity increase1
inItaly.
2% Yields are 15 percent higher than average, and the protein
2020 20% content of the wheat is 14 percent, as opposed to the Italian
average of 12 percent.
2015 2 2%
2014 0%
1 On reference farms compared to baseline 2014

Farm network

in focus
Crops
2015 2014

No. of Reference farms 1,062 860

No. of Benchmark farms 2,586 2,738

Progress and key achievements


Improved statistical precision
byincreasing the number of

Growth Plan
The Good
reference farms
 hared results with farmers,
S
researchers and those seeking
tounderstand how best to save
scarce resources
 ollaborating to harmonize data
C
exchange standards to accelerate
innovation in agriculture

performance
Operational
Feeding a fast-growing world population,
while mitigating the impacts of climate
change, requires a step change in farm
productivity and resource efficiency. We
are working with farmers to help them
grow more from less focusing particularly
on smallholders, who have the greatest
In 2015, thenetwork covered more than We are now gathering an abundance
potential to increase productivity.
data
Performance

1,000reference farms and just under ofreal-world farm data for 21 crops in
2,600 benchmark farms. Insome areas, 42countries. For 2015, the global average
Syngenta at the forefront of
such as China and parts of Latin America, productivity increase on reference farms
open data in agriculture weve doubled the number of reference was 2 percent.
To test and measure whats possible, farms to gain better insights.
wehave created a network of reference The unique and unprecedented data
farms across crops and regions in our Our crop advisers have been working with resource of The Good Growth Plan will
keymarkets. These farmers are working reference farmers to optimize the way they help us to understand what makes crops
with our eld experts to trial new solutions use new products coming out of our R&D and protocols more efficient. To turn the
pipeline and to provide feedback data for data into knowledge and insight, were
information
Corporate

and raise productivity. In 2014, we


established 860 of these farms, and our technical teams. We share performance actively sharing data with growers,
signed-up additional benchmark farms reports with reference and benchmark academics and governments to unlock
forcomparison. farmers, so that they can compare results thebenefits as quickly as possible.
with their peers and identify opportunities
for improving efficiency.
28 Syngenta Annual Review 2015

Andtoincrease the speed of innovation


and knowledge transfer, weve been
collaborating with the Open Data Institute
(ODI) and have published our aggregated
baseline and progress data for anyone to
access online and use free of charge.
This puts us at the forefront of open data
in agriculture, enabling us to reach people
and communities with ideas and solutions,
Demonstrating the benefits
quickly and cost-effectively. It opens our
data to scrutiny, helping to ensure that its Rescue ofsoil conservation
collected and used with rigor. And its a more farmland This work is about changing perspectives:
two-way flow: we should be able to link lands economic value is chronically
our farm data with other agricultural data Improve the fertility of understated. Land has long been valued
on open-access collaborative platforms. 10million hectares of farmland solely for its current productivity, while
on the brink of degradation often disregarding ecosystem resilience
As part of this effort we have joined Global and future productivity. But it is also about
Open Data for Agriculture and Nutrition meeting clear grower expectations.
(GODAN), a consortium of companies, Impacted farmland m ha1
governments and NGOs working to make
agricultural data accessible and usable 2.4m We continue to build our best soil
knowledge and tools diagnostics,
worldwide. We want to work with GODAN 2020 10.0 management practices and technologies
to use open data better, so that we help 2015 1.6 2.4
into our commercial offers. But achieving
tocreate insights on what works best the desired benefits of soil conservation
2014 0.8
onthe farm to optimize the use of depends on many other tools and services
1 Cumulative since baseline 2014
scarceresources. at farm level. Thats why we support the
Progress and key achievements creation of inclusive platforms where
What next? multiple stakeholders including those
 mbedded soil protocols
E representing machinery, financial solutions
Were working to improve the way we in our commercial offers
share The Good Growth Plan data with and educational opportunities join
growers, empowering them to make  onsulted multiple stakeholders
C forcesto offer farmers a compelling soil
positive changes by highlighting best toinform our program conservation proposition. We have piloted
practices linked to efficiency results. While  ngaged decision makers on soil
E this approach for smallholders in Mexico,
continuing our collaboration with the ODI, policy, in partnership with UNCCD medium-sized growers in Hungary and
we look forward to supporting GODAN large-scale farmers in Russia.
with the harmonization of agricultural data At the same time, we have run smaller
exchange standards that are accessible to Agriculture relies on healthy and fertile
demonstration projects in many countries,
all. And were aiming to build a community soil.But a third of the worlds arable land
generally in partnership with local
around our data by developing tools and isthought to have been affected by
universities or non-governmental
platforms that make it easier to use. degradation and desertification.
organizations, to show growers what can
We are raising awareness of this issue and be achieved under local conditions and
promoting conservation practices based how sound practices result in better yields
on minimum soil disturbance, crop rotation and livelihoods.
and permanent ground cover. These are
In 2015, our programs impacted 1.6million
aimed at preventing, halting and reversing
hectares of land, bringing the two-year
land degradation by contributing to
cumulative total to 2.4million hectares.
organic carbon storage, water retention
and soil biological activity.
The Good Growth Plan Syngenta Annual Review 2015 29

overview
Strategic
Sustainable implementation on the farm

Development
Research and
also requires supportive agricultural policy
frameworks. Thats why we work with the
United Nations Convention to Combat
Desertification (UNCCD) and have
developed the Soil Leadership Academy
for policy and decision makers. In October
2015, the Academy successfully ran its
first simulation exercise for national policy
makers at the UNCCD Conference

in focus
Crops
inTurkey.
We have also worked with the United
Nations Global Compact (UNGC) on
developing aset of sustainable soil
management principles. These were
published in October 2015 after extensive
stakeholderconsultation.

What next?

Growth Plan
The Good
In the coming year, we will continue
working with our commercial teams
onbuilding good practices into our offer,
supporting demonstration projects on
theground and building multi-stakeholder
networks that promote integrated offers.
Inaddition to this push activity, we are
also encouraging pull from the value
Better soil leads to better crops

performance
Operational
chain raising awareness of good soil
practices among food processors and Fertile soil is the foundation of sustainable agriculture. But poor
retailers while promoting the benefits of farming practices and extreme weather lead to erosion and
marketing these practices to consumers, infertility. In Eastern Russia, we are helping farmers switch from
to stimulate demand for more sustainably traditional plowing to new techniques that preserve soil and
grown produce. increase growers yields.
Working with local universities, we educate farmers in minimum
tillage, which avoids churning up the earth. Soil retains moisture
and porosity, as the passages made by root systems, worms
data
Performance

and insects are undisturbed.


Minimum tillage, along with crop rotation, is leading to cost-
effective, high-quality production. In 2015, we held four events
connecting 245 farmers with scientists and Syngenta
employees. So far, the project involves seven farms covering
464,000 hectares.
information
Corporate
30 Syngenta Annual Review 2015

erosionand protect waterways while scheme rewards farmers with seeds and
boosting biodiversity. support for planting field margins.
Help biodiversity
flourish A joined-up approach However, achieving desired results on the
ground is a slow and resource-intensive
tolandscape connectivity
Enhance biodiversity on process. Growers have to be convinced
5million hectares of farmland Syngenta has a long history of biodiversity toinvest in marginal and less productive
enhancement projects: our Ecoaguas land for biodiversity, and they need
project has been restoring and managing support in implementing the necessary
Impacted farmland m ha1
riparian forests in Colombia for two management protocols.
1.6m decades. In Germany, our customer loyalty

2020 5.0
2015 0.9 1.6
2014 0.7
1 Cumulative since baseline 2014

Progress and key achievements


Integrated biodiversity conservation
in customer loyalty programs
 pened new demonstration plots with
O
universities and local stakeholders
 orged breakthrough implantation
F
partnership in US potato fields

Biodiversity determines the health


andresilience of ecosystems directly
affecting erosion control, soil formation,
nutrient cycling, pollination, biological
pestcontrol and climate regulation.
In the past 35 years, biodiversity has
declined by more than a quarter an
unprecedented rate. The main causes
arepopulation growth, consumption
patterns and habitat destruction.
Biodiversity is damaged as species
habitats are lost or fragmented. Smaller,
Redundant land becomes home
more isolated species populations limit
to bees andbutterflies
genetic variation and evolutionary
adaption, and increase the possibility R.D. Offutt, the largest potato grower in the USA, planted non-
ofextinction; and climate change productive corners of its potato fields in Minnesota with regional
exacerbates these trends. Landscape wildflower seeds to create environmentally diverse habitats and
connectivity is recognized asthe greatest increase the number of pollinators. The habitats provide forage
opportunity toenhance biodiversity in for honeybees, monarch butterflies and other pollinating insects,
agricultural landscapes. Planting rich as well as reducing soil erosion and protecting water resources.
habitats on marginal and less productive Syngenta advised on how to prepare the sites and which plants
farmland alongside fields and waterways to use. In 2015, more than 240 hectares were planted a good
creates interconnected habitat size project when even small areas of less than half a hectare
infrastructures and corridors. We call can make a difference.
themmultifunctional field margins,
because theyhelp to prevent soil
The Good Growth Plan Syngenta Annual Review 2015 31

Our contact with smallholders comes

overview
Strategic
primarily through our sales teams. In
Empower emerging and less developed economies,
smallholders millions of growers are so small-scale and
dispersed that it is not easy to know where
Reach 20million smallholders
they are, what they grow or how to contact
andenable them to increase
them. Our sales management information
productivity by 50percent
system helps us reach them more
effectively by integrating information that
Two years into The Good Growth Plan, Smallholders reached1 identifies smallholders and tracks our

Development
Research and
17.2m
wehave projects in over 30 countries interactions with them. We have been
acrossEurope, Latin America, North standardizing the way we do this in Asia,
America and Asia. These encompass 2020 20.0 and we expect to do the same in Latin
avariety oflocal partnerships and 2015 17.2 America in 2016. This will help us to build
environmental andcultural approaches local smallholder profiles, understand
2014 13.8
tocreate multifunctional field margins, grower needs, develop and promote
1 Through sales
managed forests and biodiversity- locally tailored protocols and training,
friendlyfarming. Progress and key achievements andimprove our go-to-market strategies.
Our programs are now impacting a Our commitment is not just to reach

in focus
Crops
 arried out Social Impact
C
totalarea of 1.6million hectares with Assessments in China, India smallholders but to empower them.
0.9million hectares added in 2015 alone andMexico Tobetter understand smallholders
but we still have a long way to go. We have needs,weare working with development
 ollaborated with University
C
been working with partners around the agencies and other partners such as:
of Zurich to develop a sustainability
world toidentify priority programs, agree IDH,The Sustainable Trade Initiative; the
embeddedness model
specic targets and dene protocols for Sustainable Markets Intelligence Center
implementation. The core task is still to  stablished new partnerships aimed
E (CIMS); and the Sustainable Food Lab.
raise awareness and establish biodiversity at empowering smallholders Tomeasure the benefits we are bringing
alongside water and soil conservation

Growth Plan
The Good
tolocal communities, we are using social
asaprimary goal for farmers and value- impact assessments of our smallholder
The worlds estimated 500million
chain partners. go-to-market strategies.
smallholders hold the key to future
Our work is dependent on engaging foodsecurity. Their relatively low In 2015, for example, an independent
stakeholders to stimulate dialogue and productivity means they offer the assessment by CIMS found that growers
explore environmental governance issues. greatestpotential forsteeply increasing in our Nicaraguan FRIJOLNICA
In 2015, we held two major international food production sustainably. program which now has over
workshops attended by more than 12,000participants were achieving
With partners such as USAID, we aim
60experts, with another 175 contributing double the national average kidney and

performance
Operational
toraise smallholders productivity and
through surveys. These have helped us black bean yield. They were more
earnings sustainably not only by bringing
tofind common ground and develop a optimistic about thefuture than the control
them products, know-how and training
compelling framework for implementing group and keento spread good practice
butalso by helping them to nance
and reporting biodiversity projects by sharing their insights with neighbors.
higher-yielding products and reach
moreeffectively and cost efficiently.
markets to sell their crops. We are now carrying out similar
What next? assessments in other smallholder
Reaching more, markets:China, India andMexico.
We continue to work with external andmeasuring our impact
stakeholders academics, policymakers
data
Performance

We estimate that over half of our sales Partnering to extend our reach
and conservation experts to build on
experience from the demonstration sites. arein developing economies dominated Through the World Economic Forums
To achieve the expected long-term by smallholder farmers, particularly in Grow Africa and Grow Asia platforms, we
economic benefits of biodiversity AsiaPacific, Latin America and Africa. work with other public and private players
conservation, we are also working to In2015, we increased the number of to develop partnerships that enable
linkgrowers to consumers. We are smallholders wereach through sales smallholder farmers to produce more
encouraging retailers and food processors from13.8million to17.2million. inasustainable way. In this way we can
to set biodiversity enhancement standards empower more growers, equipping them
for their suppliers, enabling them to with agronomic know-how and training
information
Corporate

promote sustainable food production that help them use inputs safely
andconsumption to consumers. andefficiently.
Anotherkey goal is to incorporate the
concept of multifunctional habitats into
ourcommercial offer, and make
investment in field margin habitats
simplerand cheaper for farmers.
32 Syngenta Annual Review 2015

Help people
stay safe
Train 20million farm workers
onlabor safety, especially
indeveloping countries

People trained on safe use1

10.4m
2020 20.0
2015 5.7 10.4
2014 4.7
1 Cumulative since baseline 2014

Farmers help each other


Progress and key achievements
to become moreprosperous
Encouraging progressive smallholders to share expertise  olled out new guidelines for safe
R
withothers makes a tangible difference by increasing yields and responsible use training
and incomes.  edesigned train-the-trainer program
R
and launched new online tool
In East Java, Indonesia, successful rice growers are educating
other farmers in good agricultural practices and the  ngaged with stakeholders
E
implementation of our GROMORE solution. Rice growers who at global Farmer Safety Workshop
raise yields to 10 tonnes per hectare are invited to join the Rice
Ten Tonne Club. Supported by Syngenta agronomists and
We share a responsibility to help improve
government farming counselors, these lead farmers then pass
occupational health and safety in
on their knowledge to groups of smallholders.
agriculture particularly among
So far, more than 15,000 smallholders are benefiting from smallholders and farm workers in
modern methods of growing rice. developing countries. Our training
programs raise awareness of hazards,
principally those related to crop protection
products, and show how to manage and
We continue to seek new partnerships effects of locally-embedded Swiss-based prevent them. More than 90 percent of our
and opportunities to reach smallholders multinational companies in developing training is delivered by our own sales and
worldwide. In 2015, we were invited to join countries. University students are working stewardship teams. To extend our reach,
the Advisory Board of the Sustainable with local academics, value chain we also work with both commercial and
Food Lab, whose social impact representatives and other stakeholders academic partners.
assessment framework we have been toassess Syngentas impact in Colombia
using. We became the first company and Kenya.
inour industry to be accepted as a
supporting partner by Sustainability What next?
Initiative Fruits and Vegetables, part of Well continue to extend our smallholder
theDutch governments IDH initiative. reach with the help of our growing body
We also became one of the three ofpartners. Well also be extending
corporate participants in a University thesocial impact assessmentprogram
ofZurich project, funded by the Swiss into other countries, andsharing what we
Commission for Technology and learn to show transparently where we are
Innovation (CTI), aimed at designing a tool- active andwhat difference we are making.
kit that measures the positive sustainability
The Good Growth Plan Syngenta Annual Review 2015 33

overview
Strategic
Better training,
Training farmers to stay safe

Development
Research and
more lasting impact
As we work with farmers in Mexico to increase productivity
In 2015, we reached 5.7million people
inasustainable way, we ensure they are also trained in safe
more than 70 percent of them
useof crop protection products.
smallholders through dedicated safety
training programs or through safe use We have joined with government and partners from industry
briefings linked to commercial activities. inthe MasAgro program The Sustainable Modernization
The cumulative total of people reached ofTraditional Agriculture, overseen by the International Maize
inthe first two years of this commitment andWheat Improvement Center or CIMMYT. The aim is to target
exceeded 10million. smallholders who lack access to agricultural technologies and

in focus
Crops
markets to help them raise productivity of corn and wheat,
Safe use training has for many years been
increasing incomes.
an integral part of the way we do business
worldwide, but our approach has varied To ensure as many people as possible are trained, Syngenta
from country to country. As part of The experts educate CIMMYT technicians who then train farmers.
Good Growth Plan commitment we have In2015, the program reached 2,600 smallholders.
harmonized our approach, developing
guidelines and tools that enable our
people to plan and implement training

Growth Plan
The Good
consistently. These were launched in 2015
and are now distributed in six languages.
To embed the new guidelines, we also
rolled out revised train-the-trainer protocols
in 2015 initially in Latin America and Asia.
The primary focus of this work isnot on
the number of farm workers we reach, but
on the quality of training that our trainers

performance
Operational
impart and its lasting impact. To support
this initiative, we created a new online
tool:www.pesticidewise.com. Targeting
farmers and trainers, this aims toraise
awareness of the hazards and risks of
using pesticides and explains whatusers
can do to mitigate them.
data
Performance
information
Corporate
34 Syngenta Annual Review 2015

Major endorsement
Look after for our Fair Labor Program
every worker In 2015, we completed implementation of
our Fair Labor Program in the Philippines
Strive for fair labor conditions and began implementation in China.
throughout our entire Bythe end of the year, the program
supply chain network covered 27,091 suppliers in Asia Pacific,
Eastern Europe and Latin America.
Seed supply farms Thisrepresented 84 percent of our seed
We recognize that we dont have all the
in our Fair Labor Program1 supplychain, and we remain on track for
answers, and it is important to learn
100percent by 2020. The total number
84%
fromothers working in related fields. In
ofseed suppliers in 2015 was significantly
November 2015, we held a global Farmer
lower than in previous years, reflecting
Safety Workshop to share experience 2015 84% market demand and our work on
andideas with representatives of the value
2014 53% streamlining the supply chain.
chain, academia and other civil society 1 2014 value was estimated and not assured
organizations such as the Sustainable In 2015, we became the first agriculture
Agriculture Network, Solidaridad and Progress and key achievements company to receive FLA accreditation,
theCentre for Development Innovation forour program in India. This major
 irst agricultural company to receive
F
atWageningen UR. This has deepened endorsement confirms that we have
FLA accreditation
ourunderstanding of the many cultural effective systems and procedures across
and behavioral factors involved in helping  LOBALG.A.P./GRASP certification
G all our production and supply operations
farmers to work more responsibly and for our flower farms tocommunicate our standards, assess
safely. For example, we need to improve J oined Together for compliance, train staff to assess and
our training to target women in countries Sustainability initiative resolve non-compliance, and give workers
where they do much of the farm work, confidential reporting channels.
buthave not been encouraged to actively
Labor standards are a priority concern The program demonstrated its
participate in training sessions.
forall our farms and production plants. effectiveness by identifying key areas
What next? Weexpect the same from our suppliers, requiring improvement. These included
and take positive action to ensure fair wage payments, on-farm health, safety
In the year ahead we will be rolling out
laborconditions in our supply chain. and environmental measures, and access
newtraining programs based on our
to grievance mechanisms. Corrective
revised guidelines and incorporating Our more than 30,000 seed supply farms action plans were developed and actions
thelearning from our Farmer Safety in 36countries pose particular challenges. piloted in the following growing season.
Workshop. We are also adopting new Since 2004, we have worked with the
approaches and partnerships to extend FairLabor Association (FLA) to address All our own flower seeds production sites
our training footprint particularly in labor standards on these farms. Under in the Europe, Africa and Middle East
Africaand other areas where we need to ourFair Labor Program, our supplier region and our site in Guatemala are
supplement our own internal resources contracts set out standards in nine GLOBALG.A.P. certified, and our sites in
inorder to reach the number of people areas:Employment Relationship; Portugal and the Netherlands are certified
wehave committed to train. Nondiscrimination; Harassment and Abuse; to G.A.P.s social practice standard
Forced Labor; Child Labor; Freedom of (GRASP). By the end of 2015, our larger
Association and Collective Bargaining; third-party suppliers had also achieved
Health, Safety and Environment; Hours G.A.P. certification.
ofWork; and Compensation. Each year,
we audit compliance on at least
20percent of farms in each country;
theFLAindependently audits a further
2 to 5percent in higher-risk countries,
andensures transparency by publishing
allitsfindings.
The Good Growth Plan Syngenta Annual Review 2015 35

There are around 900 companies in

overview
Strategic
ourchemicals supply chain, and our
assessment program checks their
compliance with our health, safety, quality
and labor standards. In 2015, we joined
the Together for Sustainability initiative.
This brings together international chemical
companies 14 so far to share joint
supplier audits on health, safety,
environmental, social and ethical issues

Development
Research and
inline with the principles of the United
Nations Global Compact, Responsible
Care and the International Labor
Organization. This enables us to reach
deeper into our supply chain and to raise
the bar for suppliers. It will also free up
resources so that we can conduct deep
dive assessments of our strategically
mostimportant suppliers.

in focus
Crops
What next?
In 2016, we will continue to roll out our
FairLabor Program for seeds suppliers,
completing coverage of Latin America
andAsia Pacific. We will also begin
reporting compliance levels for all
countries in the program an important
step for transparency. While we have

Growth Plan
The Good
come a long way in improving labor
conditions inthe supply chain, we Taking a stand for fair labor
recognize that there is still more to be In Argentina, millions of people work in agriculture. Fair labor on
done. The GoodGrowth Plan measures farms is an issue of great importance. In 2011, an audit of our fair
will enable better informed discussion of labor compliance in Argentina carried out in partnership with the
the challenges we face and the progress Fair Labor Association (FLA) showed key areas for improvement.
we are making.
A subsequent supply chain review led to an ambitious program
to enhance labor and safety practices for field workers on our

performance
Operational
seed supply farms. This included improving workers access
Keep up to date with totraining, focusing on health and safety risk identification
TheGood Growth Plan andreporting. In 2015, our Argentine supply chain achieved
Throughout the year, we provide 99.5percent compliance with the FLA Code of Conduct.
updates on The Good Growth Plan
website. There, youll find more
information about each commitment
as well as a range of case studies
from the field. Visit:
data
Performance

www.goodgrowthplan.com
To find more about our approach to
open data or to access the files, visit:
www.data.syngenta.com
information
Corporate
36 Syngenta Annual Review 2015

Operational performance

Maximizing the value


of innovation
Excellence in innovation underpins our business strategy
andTheGood Growth Plan. As a sustainable business,
we aim tocapture all the potential value that our innovation
creates. Weneed a talented and motivated workforce.
We must be efficient and profitable. And we have to earn
the support ofemployees, regulators and the public
asaresponsible andrespected organization.

Delivering outstanding quality We have built an internal Operational We now have a framework for
with focus on profitability Excellence team and trained our own sustainable operations, based on the
coaches so that we have in-house principle that we will maximize the pace
Our operations strategy encompasses
capability to apply this methodology and impact of our initiatives if we focus
allour procurement, supply, production,
overthe long term. on the areas offering greatest scope
distribution, quality and business
forbeneficial change. This framework
services. It aims to support profitable We continue to invest in our production
identifies five focus areas: energy, water,
growth by ensuring we deliver innovation assets to ensure that we have the right
waste, suppliers and logistics.
to growers with scale, agility and facilities and capacity to satisfy demand
efficiency. Our efforts have been efficiently. As part of our ongoing review Our operational performance has many
strengthened by Syngentas Accelerating of capacity, we also consider where we facets. But it all depends on one factor:
Operational Leverage (AOL) program, need our own production facilities and our people. The long-term success of
which has focused attention across whether it makes better sense to partner our business will be shaped by the talent,
thebusiness on enhancing efficiency, with external suppliers instead. skills and motivation of the people who
profitability and the experience we work here.
As an integral element of our operations
provide for customers.
strategy, we have continued to focus  ee Non-financial information and data
S
A key enabler of AOL is the Operational onthe sustainability of our operations. on pages 5562

Excellence program that we are Just as The Good Growth Plan seeks
implementing. This is a well-proven toincrease the sustainability of our offers
approach to systematically and inthe eld by 2020, this work aims to
continuously improve the efficiency and secure the long-term viability of our
value of our operations. It is designed to internal and external operations.
unleash the potential of our people by
giving them a greater sense of direction,
engagement and achievement in
theirwork. It augments our culture of
innovation by bringing greater rigor and
discipline to the way we work. And it will
ensure that we improve the customer
experience as we increase the efficiency
of ouroperations.
Operational performance Syngenta Annual Review 2015 37

overview
Strategic
People

Development
Research and
Attrition rate %
2015 6.1
2014 5.5
2013 5.5

in focus
Crops
Recordable illness and injury rate
per 200,000 hours

2015 0.38
2014 0.37
2013 0.41

In our rapidly evolving industry, we need

Growth Plan
The Good
innovation not only in the way we develop Connecting employees and customers
new products, but in the way we lead A group of employees based in the Philippines gained a better
andchange the organization. We invest in understanding of rice farmers and of The Good Growth Plan
recruiting, developing and enabling talented commitments with a visit to one of our learning centers.
people who can meet the challenges and
The employees learned more about the training we conduct
opportunities of our industry successfully.
forfarmers on technology, products and stewardship, helping
Developing our people to bring to life The Good Growth Plan commitments.
andcapabilities The employees also experienced the daily tasks farmers carry

performance
Operational
In 2015, we invested $25.1million (2014: out when the group took part in harvesting or planting rice
$29.8million) in training programs to help atthe center.
our employees achieve their potential
andto build the capabilities we need.
Allemployees took part in performance
review, goal setting and personal Managing change successfully The AOL program has resulted in around
development discussions with their line and responsibly 1,800 job reductions and relocations
managers throughout the year, and we across the business. As anticipated in last
We also invested in equipping a broad
continue to invest in building a more diverse years report, the majority of these were
cross-section of managers to lead and
data
Performance

and inclusive culture through avariety of completed in 2015. We opened a new


manage change; this helps us successfully
programs and activities. Wecontinued to Global Operations Center in Manchester,
plan and implement performance
engage people in TheGood Growth Plan, UK, and a new European Finance Center
improvement projects in our Accelerating
and recognize ouremployees achievements in Budapest, Hungary. These moves, while
Operational Leverage (AOL) program.
in our biennial Syngenta Awards. difficult for impacted employees, were
completed successfully and employee
Enhancing efficiency and profitability morale in both centers is high.
is a strategic priority throughout the
business, demanding constant attention
information
Corporate

from our leadership teams. Investing in


ourexecutive development is a priority
and, throughout the year, many senior
leaders participated in a new Executive
LeadershipProgram specifically focused
onenterprise leadership.
38 Syngenta Annual Review 2015

Building our talent pool Since the launch of our new Health, Safety,
efficiently Environment and Security reporting
system at the end of 2013, we were able
We continued to have a high employee
to collect more and better data on health
retention rate in 2015. Due to restructuring,
and safety incidents. In 2015, we have
total turnover was 12.5 percent higher
been able to use this data to analyze risks
than in 2014 (9.9 percent) but still lower
to our peoples health andsafety more
than in 2013 (14.1 percent). The number
closely and take appropriate action to
ofvoluntary leavers which excludes
control and minimizethem.
retirement and restructuring rose slightly
to 6.1 percent (2014: 5.5 percent). Since 2011, our Goal Zero initiative has
Although our staff turnover remains
sought to achieve zero harm to people Sustainable
relatively low, we still need to recruit new
and zero safety incidents, on the principle operations
that all accidents are preventable. The
people each year not only to replace
construction project to quadruple the size
those who retire or leave, but also to enter
of our Formosa plant in Brazil exemplifies
new markets and acquire new skills
this commitment. While the plant
andexperience. In 2015, we entered a
maintained operations throughout the two-
partnership agreement with IBM Kenexa,
year project, with up to 1,500people on
one of the worlds largest recruitment
site, in 2015 it completed 1.2million hours
consultancies, to manage our global
worked without a single lost-time incident.
recruitment. Starting in the UK and Asia
Pacific in 2015, it will operate globally We also take the security of our people,
bythe end of 2016. products, assets and information CO2e emissions intensity g/$sales
extremely seriously at all times. As a global 2015 124
Working safely and securely organization, we remain exposed to a
2014 114
We aim to be an industry leader in health significant and complex range of potential
risks from the counterfeiting of our 2013 116
and safety standards and performance.
Tothis end, we make continuous products to cybercrime. We aim to assess
investments in our safety program and address emerging security risks Hazardous waste intensity g/$sales
tosustain a best-in-class Illness and proactively, before they become live
2015 14.4
InjuryRate (IIR) of below 0.5. The rate issues, and we train our local security
remained low in 2015, at0.38recordable staffin how to handle emergencies to 2014 15.6

incidents per 200,000hours (2014: 0.37). safeguard our people and surrounding 2013 16.0
This was a good performance in a year communities. In 2015, under our Security
that saw a further increase in the 360 program, our security professionals Water usage intensity liters/$sales
proportion of field work, where injury evaluated 117 sites to determine risk levels,
ratestend to be higher. and helped to develop site-specific risk 2015 2.6
management plans. 2014 2.5
Sadly, there was one fatality during the
2013 2.5
year: a sales promotion employee in Counterfeiting of our products can be
Bangladesh died when his motorcycle hazardous to users, the public and the
collided with a bus while he was returning environment. We have increased our
from a business meeting. We have resources for combating it, and in 2015 Our efficiency and our sustainability go
programs in place to continuously improve played an active part in securing seizures hand-in-hand. Our viability now and in
the safety of our sales force when driving, of some 323tonnes of counterfeit thefuture depends on using resources
including online e-training targeted at andillegally imported chemicals (2014: efciently and maintaining our license
accident causes. InLatin America, we 178tonnes) with an estimated retail value tooperate by minimizing our external
have introduced satellite-based tracking of$43million (2014: $17million). We also impacts. This is why our sustainability
offleet vehicles. This generates reports contributed to the seizures of 91tonnes standards and performance are
onparameters such as speed, seat belt ofcounterfeit seeds with an estimated closelyscrutinized and approved
use and driving time, which we use to market value of $11.4million. bySyngentasBoard.
identify the need forimprovement. In
Brazil, where it now covers one-third of
allvehicles, vehicle incidents in 2015 were
60 percent lower than in 2014. Across
Syngenta, the number of incidents per
million km driven was 1.3 in 2015 lower
than our benchmark figure of 2.03.0.
Operational performance Syngenta Annual Review 2015 39

overview
Strategic
Ensuring we have

Development
Research and
the capacity to deliver
Our Finished Product Processing teams
continue to deliver high-quality seeds
andcrop protection products to meet
demand safely, reliably, responsively
andcost effectively. Production is carried
out both in-house and through toll
manufacturers: we continually review
ourin-house production assets to

in focus
Crops
increaseagility, minimize disruption,
reduce idle capacity and ensure delivery
inline with our integrated strategy and
long-term goals.
In 2015, investment continued at our
Paulinia site in Brazil to ensure we can
meet demand for SOLATENOL in
LatinAmerica. We continue to build

Growth Plan
The Good
onestablished relationships with toll
manufacturers who have demonstrated
their ability to deliver to our quality and
coststandards.
All our eight global active ingredient sites
have ongoing lean initiatives to enhance
Operational Excellence and have Empowering people to achieve excellence
maintained their ability to deliver at high
Increased customer demand for crop protection products

performance
Operational
capacity. All expansion projects were
created production challenges at Syngentas diversified
delivered on time and budget, including
agri-chemical formulating and packaging facility in Omaha,
key projects at Huddersfield, UK, and
USA. Employees faced rising overtime and heavy workloads.
Monthey, Switzerland, as well as at
Nantong in China. In 2015, we announced To meet production targets without putting undue and
our intention to divest our site in Goa, unsustainable strain on resources, management introduced
India, in a further consolidation of Operational Excellence: a well-proven approach to continuously
internalcapacity. improve efficiency and value. By embracing the idea of
continuous improvement, employees changed the culture of
data
Performance
their site through a focus on new techniques and teamwork.
Today, four years on, overtime has been reduced, work
processes are more efficient and there is a more positive
working environment.
information
Corporate
40 Syngenta Annual Review 2015

Making our operations more sustainable


These are the principal actions currently underway to enable us to understand what
isnecessary to ensure the sustainability of our operations and to set appropriate
targets. The majority of these actions are due for completion by the end of 2016.

Action by focus area Significance Completion

Energy
Carry out detailed audit of our top 10 sites, The energy audit program is based on EU energy requirements: 2016
accounting for over 80 percent of our auditswill set baselines for all sites in the program with targets
energyuse forimprovement

Water
Establish a water footprint for the Seed supply is our principal water-using activity, so we are including 2016
seedsupplybusiness it in our data collection process and will cover water types and
usagepatterns

Waste
Establish waste footprints for the 10active Our hazardous waste comes mainly from active ingredient production: 2016
ingredientsgenerating over 80 percent a life-cycle approach to key products will cut hazardous waste generation
of our hazardous waste by optimizing processes and enhancing recycling and reuse

Suppliers
Conduct sustainability risk assessments This will identify the supply markets which represent the biggest 2016
for100percent of direct and indirect sustainability risks, to guide future action
procurementcategories

Actively participate in the Together for By applying consistent standards across the industry, this initiative 2016
Sustainability (TfS) initiative isimproving sustainable sourcing and raising standards across the
supply chain while cutting complexity and costs

Ensure 100 percent participation by active Regular audits will reduce risks from third-party waste management 2020
ingredient and other strategic suppliers
inourimprovement program, and by key
third-party waste treatment providers in
ourcompliance program

Logistics
Adopt fourth-party logistics (4PL) to cover A 4PL supplier acts as a single interface between the client and 2020
our global operations inCropProtection multiplelogistics service providers. Their role is to optimize the
andfield crops logisticsand transportation network in order to drive continuous
serviceimprovement and cost reduction. This can significantly cut
CO2emissions by optimizing road, rail and sea transport and storage
Operational performance Syngenta Annual Review 2015 41

overview
Strategic
Ensuring our viability We have identified priority actions for our The contribution to our carbon footprint

Development
Research and
for the future sustainability performance in these five from distribution has remained stable
focus areas. Our work so far has centered whilethe need for business travel has
In 2015, we increased our effort to analyze
on understanding our footprints, to see been reduced by the installationof
the external impacts of our operations
where the risks are highest and how we telepresence rooms at all ourmajor sites.
andidentified five key focus areas
can invest efficiently to achieve desirable Enabling people to join virtual meetings
forreducing our impact as set out
change. This in turn will allow us to set instead oftraveling savesenergy, travel
inthetable: Making our operations
location-specific targets that are relevant costs andmanagement time.
moresustainable.
and demanding a process scheduled
Waste
Three of the focus areas concern the tocomplete by the end of 2016. In the
One of our major impacts is hazardous

in focus
Crops
waywe use resources: energy, waste meantime, we have continued to work
waste, generated mostly by our active
andwater. Our energy and waste impacts ontracking and reducing our impacts,
ingredient manufacturing sites. As well
come primarily from our production sites; aswe have done for many years.
asreducing the waste generated during
and although we have some 300 of these,
Using resources more efficiently production, we aim to convert or reuse
just 10 sites account for about 80 percent
asmuch waste as possible. To do this,
of the impacts. We have, therefore, been Our environmental impacts arise mostly weconstantly review the opportunities
focusing our attention on these sites. inthe areas of energy, hazardous waste, foroptimizing both new and existing
While our water efficiency initiatives are wastewater and water consumption. processes, and for regenerating or
concentrating on the most water-intensive Asummary of each of these follows reusingunavoidable waste usually

Growth Plan
The Good
manufacturing sites, we understand that formore detailed performance data see asanadditional source of energy.
our greatest water-consuming activity by pages 6061. We report our performance
bothin absolute terms and as intensity In 2015, we reduced hazardous
far is seed production. We have, therefore,
expressed per dollar of sales. The benefits wastegeneration by 18 percent to
been devoting considerable attention to
of concentrating attention on the sites 193,000 tonnes due principally to
water use on our seed supply farms and
where our impacts are greatest are evident asubstantial initiative at our Huddersfield,
how best to manage it.
in the 2015 figures. UK, site and reduced production in Goa,
The two other focus areas concern the India. Thereduction in intensity was
way we work with third-party suppliers. Energy 8percent.

performance
Operational
Our business model is evolving to place We have energy efficiency programs
atallour sites. The drive for ever-greater Water
greater emphasis on outsourcing.
efficiency is continuous and permanent: Until recently, our data collection on
Asaresult, external suppliers now
when targets are met, we will set new wateruse has been largely confined
accountfor a large and growing
andmore demanding ones. toourmanufacturing sites. In 2015, we
partofour environmental footprint. So
commissioned a major third-party analysis
weareplacing more attention on the way We are currently undertaking detailed of our water footprint across our toll
wework together to help them manage energy audits on our top 10 sites, which manufacturing and seed production
their environmental impacts effectively and account for over 80 percent of our energy supply chains, as well as our own sites.
efficiently. In addition to our production use. These audits will guide target setting
data
Performance

This highlighted the impact of seed


suppliers, we are also looking closely and action plans in 2016. production, which used more than
atlogistics the way we transport and
In 2015, we continued to reduce our 1.1billion m3 of rain and irrigation water
store materials through the distribution
energy consumption. Absolute energy in2015, compared with just 35million m3
chain where greater efficiency will have
consumption reduced by 7 percent for chemical manufacturing plants. We are
asubstantial impact on costs as well
to9,222 TJ, driven by the reduction now gaining a better understanding of our
asourenvironmental footprint.
inproduction over the year. Energy water use and profiling more accurately
intensity and, consequently, CO2e todiscriminate, for example, between
emissions intensity increased slightly. rain-fed and irrigation-fed water use in
information
Corporate

fields. This work is continuing so that we


can fully understand the risk implications
of measures to reduce our water footprint.
42 Syngenta Annual Review 2015

In 2015, water use was down 7percent In our drive to ensure sustainable
inabsolute terms and practically procurement and to audit suppliers
unchanged in intensity. In our rigorously and efficiently we successfully
manufacturing operations, the applied to join Together for Sustainability
principalfactor was areduction in (TfS) in 2015. TfS brings together
waterconsumption for processing 14international chemical companies
mainlyinoursites at Goa, India, towork jointly on supplier audits and
Huddersfield, UK, andSt.Gabriel, USA. assessments on health, safety and the
environment, as well as social and ethical
Wastewater effluents were down 6percent
issues which support the principles of the
overall, although the principal factor was
reduced production.
UN Global Compact, Responsible Care Business integrity
and the International Labor Organization.
Air emissions Its vision is to become the global standard
Air emissions reduced in both absolute for sustainability in chemical supply
and intensity terms. This was partly due chains.TfS membership will help
tolower SO2 emissions resulting from usmeetthe commitments contained
reduced production at our Goa site. inThe Good Growth Plan; and by
eliminating duplication of audits, it
Working in partnership enablesus to raise the bar for suppliers
withsuppliers while achieving greater efficiency.
Our strategic approach to suppliers
ensures that we work with partners Distributing more efficiently,
with less CO2 Compliance cases reported
whomeet our standards of operation,
possessdifferentiated technical capability During 2015, we began optimizing our 2015 196
and are able to meet our expectations logistics activities both transport and 2014 96
ofyear-on-year cost savings, as well as storage to enable cost-efficient growth,
2013 110
understanding the benefits and risks of increased compliance and improved
working in our industry. visibility of operations while reducing our
carbon footprint. This work involves Corporate community investment
In 2015, our supply chain included more $m
standardizing and optimizing processes,
than 30,000 seed supply farms. We are
leveraging scale and making increasing 2015 24
committed to covering all these suppliers
use of fourth-party logistics providers in 2014 25
with our Fair Labor Program, developed
which a single partner integrates and co-
over more than a decade with the 2013 21
ordinates all logistics operations across the
FairLabor Association (FLA). This program
supply chain. This work will cut our CO2
aims to communicate, monitor and ensure
emissions, while increasing the efficiency,
FLA-approved standards on child labor, We believe that building and maintaining a
scalability and productivity of the way we
health and safety, rights awareness, culture of doing the right thing is crucial to
deliver our products to customers.
wages and benets, working hours, managing risk and growing a sustainably
harassment, abuse and discrimination. successful business. It is also the essential
In2015, 84 percent of seed supply farms foundation on which The Good Growth Plan
were covered by the program. For more is built.
details, see Look after every worker on
page 34. We comply with all local, national and
international laws, codes and conventions,
In October 2015, we received accreditation and uphold the principles set out in the
from the FLA for the Fair Labor Program Universal Declaration of Human Rights
inIndia. FLA accreditation is significant and the International Labor Organizations
recognition, and we are the first agriculture Core Conventions. We expect our
company to receive it. The FLA concluded suppliers to do the same.
that we have appropriately rigorous
systems and procedures to ensure fair
labor standards throughout our Indian
production and supply operations.
Operational performance Syngenta Annual Review 2015 43

overview
Strategic
But real business integrity demands more Our Compliance and Risk Management At many production sites we have

Development
Research and
than regulatory and legal compliance. We Committees (CRMCs) at region, territory introduced training programs for local
have been moving beyond a rules-based and function levels have been instrumental suppliers on our Code of Conduct and
approach to build a values-based culture in raising compliance awareness and other important policies.
of doing the right thing, which we share fostering the manager-led compliance
In 2016, we will continue to work on our
with our partners and suppliers. This sessions. These committees are our most
compliance culture and business integrity
supports our longstanding policy of important drivers of a compliance and risk
through manager-led sessions. For new
engaging actively with the communities management mindset and culture, and in
recruits, we will be supplementing the
inwhich we operate, to build mutual 2015, we produced a CRMC handbook
existing Code of Conduct training with a
understanding and benefit. tohelp leaders establish and run these
new e-learning module providing a fuller

in focus
Crops
meetings effectively.
Building a do the right overview of our key compliance policies,
Our success in establishing a climate of and we are taking additional steps to
thing culture
openness is demonstrated by a steady ensure that all new joiners complete
Our Code of Conduct sets out clear increase in questions being raised thecourses in full.
ethical, environmental, and social through line managers, CRMCs and the
responsibilities for all employees; we helpline. To give us a clearer overview, Earning the support
expect them to honor these and report allmatters initiated through any of these of our neighbors
any suspected breaches. We also monitor routes are being entered into a single Every country and region expects us to
our suppliers compliance both with our case-management system. We have now

Growth Plan
The Good
meet its legal and regulatory requirements;
standards and external regulations on adopted the annual total number of entries but we also strive to meet wider social
issues such as health and safety, the as the most useful performance indicator expectations. Our operations are part of
environment, fair labor practices and in this area: in 2015, the total was 196. local economies and communities, urban
animal welfare.
We continue to make our approach to and rural, in more than 90 countries
Building a do the right thing culture is an compliance more systematic and worldwide. We aim to benet them in
explicit line management responsibility. consistent globally. When we appoint avariety of ways.
Wehave introduced compliance sessions third-party service providers, we have We provide economic benet by paying
in which managers meet with their teams begun using a new due diligence process taxes and providing employment, as well

performance
Operational
to discuss relevant compliance topics and to screen them for compliance risks. This as by buying goods and services, which
encourage employees to speak up if they includes an online questionnaire and risk- we source locally where appropriate.
have concerns. We want to create a scoring tool that automates consistent Eachyear, we report this contribution
climate in which people feel confident assessment, approvals and controls. asEconomic value shared. In 2015,
about speaking to their leaders without Weare introducing the new process ittotaled $13,440million (2014:
hesitation, so that ethical issues can be progressively, using a risk-based $14,982million). The lower figure in 2015
addressed before they become problems. approach. In 2015, we piloted it in was due largely to reductions in purchased
Our compliance helpline, successfully re- Argentina, China, Morocco and Turkey goods and in savings as a result of our
launched in 2014, remains a vital part of toassess its effectiveness under a range Accelerating Operational Leverage
data
Performance

our vigilance in monitoring, detecting and of different conditions. In 2016, we will program there is a detailed breakdown
preventing misconduct by allowing rollit out to 10more countries. of the figures on page 62.
employees to seek advice or report
concerns confidentially.
information
Corporate
44 Syngenta Annual Review 2015

Our economic contribution is only part use of technology such as social media
ofthe picture. For many years we have todo this more effectively for example,
madeit a priority to engage directly byusing social media to communicate
andresponsively with local communities sitenews or alert neighbors before testing
wherever we operate. Good relationships emergency sirens.
are good for our business. We believe our
We support community initiatives through
interests are best served when we listen
sponsorships, donations and support
tolocal communities, share knowledge,
inkind. Under our new Community
protect the environment, promote health
Engagement policy launched in 2014,
and improve the quality of life so that
these contributions have focused more
weprotect our reputation and earn
closely on five areas where our support
Public debates
theirsupport.
has particular relevance: water efficiency,
For many years, our site managers have land use efficiency, support for agricultural
had an explicit responsibility to be open production and education, community
and available to their local community health and nutrition, and science
andrespond quickly to its needs and andeducation.
concerns. Many have made increasing

Raising awareness among tomorrows farmers


The Escola no Campo program (Schoolin the Field) has been
From time to time, issues arise that divide
introducing schoolchildren in ruralBrazil to sustainable
opinion among our stakeholders and the
agriculture, environment and the important role of biodiversity
wider public. Different groups may seek
for more than 20 years.
divergent outcomes. In such cases, we
Targeting the future farmers of Brazil, the program has seek open and constructive discussion
increasingly focused on elements closely linked to our with all relevant interest groups to find
commitments in The Good Growth Plan in particular solutions. In 2015, such issues included
environmental awareness, the importance of helping bee health, food security, pesticide
biodiversity flourish, and topics such as child labor labeling and the treatment of suppliers.
preventionand good practices.
Protecting bee health
So far, more than 430,000 children in 11 states in Brazil
In recent years, the health of bees and
havetaken part. The program, developed in partnership
other pollinators has been a growing
withthe AbrinqFoundation, has received several national
concern across Europe and North America.
sustainable agriculture awards.
After European campaigners claimed that
neonicotinoid pesticides, including our
thiamethoxam, were damaging bees, the
EU imposed a restriction on using some
ofthese chemicals in certain applications
from December 2013. We have challenged
the measure because field-level research
and many years of independent monitoring
have shown that neonicotinoids do not
adversely affect bee health when used
properly, nor are they the cause of the
decline in bee health.
Since the restriction on use began,
EUfarmers have expressed increasing
concern that it has reduced yields and
forced them to use older, less effective
chemicals. Several EU countries have
allowed temporary use of neonicotinoids
inemergency situations so that farmers
can protect their crops from pests.
In North America, the number of honey
bee populations has increased in both
Canada and the USA. Bees are thriving in
crops where neonicotinoids are used
including a range of bee-attractive crops
Operational performance Syngenta Annual Review 2015 45

overview
Strategic
such as canola. In July 2015, the province Ensuring safe use of pesticides This case highlights a broader issue: the

Development
Research and
of Ontario implemented a new regulation Many agricultural chemicals can be need for greater harmonization between
targeting an 80 percent reduction in hazardous if used incorrectly. So we countries to achieve more consistent
neonicotinoid-treated corn and soybean attach great importance to growers using approaches to labeling and safe use
seeds by 2017. We are disappointed with them safely and responsibly. Our focus is standards. We believe the FAO is the
this decision, as the arbitrary reduction on product labels and on providing safe appropriate facilitator and arbiter for
intreated seeds planted is not evidence- use training for farm workers one of our thiswork.
based and will disadvantage growers commitments in The Good Growth Plan,  ead more on the ICCPM:
R
www.fao.org and search ICCPM
without contributing to bee health. see page 32.
Bees and bee health are crucial to Treating growers fairly

in focus
Crops
We aim to comply with all local legislation
agriculture, and much of our industrys on product labeling, marketing and In December 2014, the Danish NGO,
seed production depends on bees for safeuse training and we review our DanWatch, published an online
pollination. This is why we have been compliance regularly. As a member of documentary alleging that we dealt
committed to bee health for many years theindustry body CropLife International, improperly with seed growers in rural
through initiatives like Operation Pollinator, we also undertake to comply with the Andhra Pradesh, India. It claimed that
which focuses on improving pollinator International Code of Conduct on Syngenta was party to exploitative
habitats and nutrition in the farm Pesticide Management (ICCPM) set moneylending to growers and that this,
landscape across the globe. outbythe UNs Food and Agriculture together with low seed prices paid to

Growth Plan
The Good
 ead more on
R
www.operationpollinator.com
Organization (FAO) and the World growers, was linked to labor violations
HealthOrganization. onfarms.
Debating how to feed the planet
In 2015, a group of European NGOs filed Serious allegations demand a serious
Syngenta joined Basels exhibit at EXPO acomplaint with the FAO stating that response. We have worked with the
Milano 2015, where the theme was Syngenta, among others, was selling a FairLabor Association (FLA) since 2004
Feeding the planet, energy for life. number of products in the Indian Punjab toaddress labor conditions in our seed
Ourdisplay highlighted the challenges market carrying labels inconsistent with supply chain see Look after every
offood security and our R&D innovations the ICCPM standards. They argued that worker on page 34. So we asked the
and partnerships in pursuit of Indian labeling regulations are inadequate, FLAto commission an urgent independent

performance
Operational
sustainablesolutions. and that we should therefore apply ICCPM investigation. This confirmed that the
standards instead. moneylending and low-price allegations
Our participation drew criticism from some
were unfounded; but it did highlight areas
NGOs who, in anticipation of EXPO In line with agreed procedures, the FAO is
for improvement particularly in the
Milano, staged a protest against Syngenta. currently consulting on this issue with the
transparency of money flows between
Their overall charge was that Syngenta Indian government and other stakeholders;
intermediaries and growers. We took
ispart of a globalized agricultural system we have welcomed this approach. To
prompt action to implement improvements.
based on fossil fuels, chemistry and date, given the incompatibilities between
genetic research, which in their view Indian government regulations and the India faces acute labor and worker welfare
data
Performance

isunsustainable. ICCPM recommendations, we have to challenges, and we recognize low wages


comply with local regulations. However, in particular as an issue requiring constant
We engaged in open discussion and
we have confirmed that we will work with attention. As part of our response to the
confirmed our view that there is no single
other stakeholders to address any independent investigation, we announced
solution to the worlds food security
problems that the FAO consultations may a joint FLA-Syngenta multi-stakeholder
challenges. Many approaches and
identify, and to seek solutions. We have consultation event in India in January 2016
methodologies are needed, and we can
also invited representatives of the NGOs to address ways of ensuring that our
only be one part of a much wider effort.
concerned to join our ongoing work on suppliers pay agreed minimum wages.
Investments in agricultural research
enhancing training protocols. Weare confident that this will result in
information
Corporate

areafundamental part of the solution.


positive change.
Together with our partners, we are

Read more on
committed to innovating for food security. www.fairlabor.org/affiliate/syngenta
Our participation in Expo Milano has
stimulated thedebate.
46 Syngenta Annual Review 2015

Regional performance
The deliberate reduction in glyphosate Thedeliberate reduction in glyphosate
Europe, Africa volumes and lower glyphosate prices volumes and lower glyphosate prices
and the Middle East reduced full year sales by 4 percent. reduced sales by $224million.
IntheUSA, ongoing low commodity
Sales1 $m prices negatively affected the demand
forcrop enhancement applications. Asia Pacific
2015 3,884 InCanada, sales were lower owing to
2014 4,547 dryweather conditions and high channel Sales1 $m
2013 4,223 inventories ofSeedcare products.
2015 1,837
2014 2,033
The region achieved further growth at
constant exchange rates in the fourth Latin America 2013 1,935

quarter, measured against a strong


finishto the 2014 season: higher volumes Sales1 $m Full year sales volumes were affected
in the quarter were supported by a byextended drought conditions in
2015 3,632
successful campaign for corn and ASEANand the phase-out of paraquat
2014 4,279 sales in China due to a regulatory
sunflower seeds.
2013 3,991 changePricing gains however were
Full year growth reflected significant broad-based, with significant increases
priceincreases in the CIS which offset Market conditions deteriorated in the notably in South Asia; seeds sales in
currency depreciation. Crop Protection second half of the year, with the sharp ASEAN reflected the continued adoption
volumes were slightly above 2014 levels depreciation of the Brazilian real as well of genetically modified (GM) technology.
despite dry conditions, low disease astight credit conditions for growers in Australasia saw good volume growth
pressure and depressed cereals prices both Braziland Argentina. Despite this, withincreased cotton acreage driving
with strong performances by the cereal ELATUS performed well in its second higher Seedcare sales.
fungicides SEGURIS and MODDUS year in Brazil, demonstrating the
aswell as Seedcare. This offset the continuing customer demand for
erosion of seedsvolumes in the CIS newtechnology.
caused by priceincreases.
The fourth quarter also included
$55million in trait revenue fromthe
North America KWSand Limagrain agreement.
In2015,the Company implemented
achange in contractual sales terms
Sales1 $m
forcrop protection products in Brazil,
2015 3,410 which caused a timing change in sales
2014 3,582 recognition. The full year effect was
2013 3,848 a$239million increase in sales.

Volume growth was strong in the fourth


quarter, driven by the success of
ACURON, a newly launched herbicide
that provides corn farmers with an
effective solution tocombat weed
resistance. Sales in the quarter also
included trait revenues of $145million
fromthe licensing agreement with
KWSand Limagrain announced
inOctober.

1 Excluding Lawn and Garden


All sales commentaries are
at constant exchange rates.
Performance data Syngenta Annual Review 2015 47

Product line performance

overview
Strategic
Insecticides Strong price gains were recorded in Asia
Crop Protection Sales1 $m Pacific, driven by increased adoption of
GM technology. Soybean sales in Latin
Selective herbicides 2015 1,705 America were lower, as sales were shifted
Sales1 $m 2014 2,066 to distributors as part of the implementation
2013 1,912 of the Integrated Business Partner model
2015 2,894
in Brazil.

Development
Research and
2014 3,083
2013 3,051
Growth came from price increases in
Europe and volume growth in Asia Pacific, Diverse field crops
Sales $m
as well as new product introductions in
Sales performance in North America
China and India. This did not compensate 2015 658
wasdriven by the success of ACURON,
for the impact of reduced sales in Latin 2014 827
whichachieved its target of $100million
America, due to dry weather and low
sales in its launch year. This more than 2013 842
insect pressure in Argentina and to high
offset theimpact of dry weather conditions
channel inventories in Brazil. However,
in Canada. In Europe, strong price gains Sunflower sales increased significantly
ACTARA performed strongly in Brazil in

in focus
Crops
were recorded in the CIS to compensate inEurope, the most important region,
the fourth quarter with an improvement
for currency depreciation. Sales in Latin reflecting substantial price increases
inthe sugar cane market.
America were higher as a result of the inthe CIS which fully offset the impact
change in sales terms in Brazil. ofcurrency depreciation. These price
Seedcare
increases had some impact on volume, as
Sales1 $m
Non-selective herbicides high-value hybrids faced competition from
Sales1 $m 2015 994 local seeds. Sugar beet sales were lower,
2014 1,115 as oversupply on the sugar market led to
2015 913
significant acreage shifts in Europe.

Growth Plan
The Good
2013 1,228
2014 1,445
2013 1,545 Vegetables
Growth in Europe reflected a solid
performance of Seedcare solutions for Sales $m
The sales decline is largely a result of
thecereals market in the CIS and Central 2015 616
thedecision to reduce volumes of solo
Europe. In Asia Pacific, sales were boosted 2014 663
glyphosate in order to improve the
by increased focus on key accounts in
profitability of the business. TOUCHDOWN 2013 708
China and by broad-based growth in
prices were also lower, reflecting a decline
Australasia. In North America, sales were
in the active ingredient purchasing costs. Growth was broad-based across

performance
Operational
affected by high channel inventories in the
GRAMOXONE sales inChina have been thefourregions. Price increases were
Canadian cereals market and lower cotton
phased out following aregulatory change robust, owing to a focus on capturing
acres in southern US states.
affecting paraquat liquidformulations. value for high-quality hybrids across the
portfolio and in particular to the strong
Fungicides Seeds return on investments being achieved
Sales1 $m bygrowers inSouth Asia. Sweet corn
sales in the USAwere affected by high
2015 3,357 Corn and soybean
processor inventories.
2014 3,518 Sales $m
data
Performance

2013 3,035 2015 1,564


2014 1,665
Broad-based growth was achieved across 2013 1,654
the portfolio despite dry conditions in parts
of Europe and Asia Pacific. ELATUS Corn sales were up in all regions, with
performed well in its second year in Brazil, asignificant progression in the Americas
with total sales exceeding $400million. owing to the licensing agreement with
Volume growth was solid across Europe KWS and Limagrain, for which revenue
with a strong performance by the cereals
information
Corporate

was recorded in the fourth quarter. This


fungicides ALTO, MODDUS and was partially offset by lower US branded
SEGURIS. In January 2016, Syngenta sales due to the acreage shift from corn
announced that SOLATENOL, the active tosoybean. Corn volumes were down in
ingredient used in ELATUS, has been Europe as a consequence of reduced
approved by the EU authorities, with first acreage, but the impact was offset by
sales in France expected for the significant price increases in the CIS. 1 Includes sales of Crop Protection products toSeeds
2016/2017 season. and excludes non-product line sales
48 Syngenta Annual Review 2015

Financial information
A summary of Syngentas consolidated financial statements andother
financial information isprovided on pages 48 to 54. Forfull details and
analysis of the Groups audited financial results, prepared in accordance
with IFRS, please refer to ourcomprehensive Financial Report 2015, which
isavailable onrequest or on our website www.ar2015.syngenta.com

References to EBITDA in the following financial information excludes


theimpact ofrestructuring, impairment and discontinued operations.1

Summarized financial information 2015 and 2014


Excluding restructuring Restructuring As reported
and impairment1 and impairment under IFRS
Year ended December 31 ($m, except per share amounts) 2015 2014 2015 2014 2015 2014
Sales 13,411 15,134 13,411 15,134
Gross profit 6,369 6,955 (13) 6,369 6,942
Marketing and distribution (2,210) (2,497) (2,210) (2,497)
Research and development (1,362) (1,430) (1,362) (1,430)
General and administrative (568) (717) (388) (193) (956) (910)
Operating income 2,229 2,311 (388) (206) 1,841 2,105
Income before taxes 1,980 2,101 (388) (206) 1,592 1,895
Income tax expense (336) (311) 88 38 (248) (273)
Net income 1,644 1,790 (300) (168) 1,344 1,622
Attributable to non-controlling interests (5) (3) (5) (3)
Attributable to Syngenta AG shareholders: 1,639 1,787 (300) (168) 1,339 1,619
Earnings/(loss) per share ($)2
Basic 17.83 19.49 (3.26) (1.83) 14.57 17.66
Diluted 17.78 19.42 (3.26) (1.82) 14.52 17.60

2015
2015 2014 CER3
Gross profit margin excluding
restructuringandimpairment 47.5% 46.0% 49.1%
EBITDA4 2,777 2,926
EBITDA margin 20.7% 19.3%
Tax rate on results excluding restructuring
andimpairment 17% 15%
Free cash flow5 795 1,083
Trade working capital to sales6 38% 34%
Debt/Equity gearing7 31% 25%
Net debt7 2,586 2,248
Cash flow return on investment8 11% 11%
1 For further discussion of restructuring and impairment charges, see page 54. Net income and earnings per share excluding restructuring and impairment are provided as
additionalinformation and not as an alternative to net income and earnings per share determined in accordance with IFRS
2 The weighted average number of ordinary shares in issue used to calculate the earnings per share were as follows: For 2015 basic EPS 91,908,128 and diluted 92,206,535;
for 2014 basic EPS 91,674,127 and diluted 92,007,089
3 For a description of CER, see page 54
4 EBITDA is defined on page 54
5 For a description of free cash flow, see page 54
6 Period end trade working capital as a percentage of 12-month sales
7 For a description of net debt and the calculation of debt/equity gearing, see page 54
8 For a description of the cash flow return on investment calculation, see page 54
Performance data Financial information Syngenta Annual Review 2015 49

Full year sales

overview
Strategic
2015 2014 Actual CER
Year ended December 31 ($m) ($m) % %
Group sales
Europe, Africa and Middle East 3,884 4,547 -15 +10
North America 3,410 3,582 -5 -4
Latin America 3,632 4,279 -15 -5
Asia Pacific 1,837 2,033 -10 -3
Total integrated sales 12,763 14,441 -12

Development
Research and
Lawn and Garden 648 693 -7 +3
Group sales 13,411 15,134 -11 +1

Crop Protection by region


Europe, Africa and Middle East 2,892 3,312 -13 +10
North America 2,326 2,578 -10 -8
Latin America 3,249 3,769 -14 -4
Asia Pacific 1,538 1,722 -11 -4
Total 10,005 11,381 -12 -1

in focus
Crops
Seeds by region
Europe, Africa and Middle East 1,017 1,274 -20 +9
North America 1,116 1,044 +7 +8
Latin America 400 522 -23 -6
Asia Pacific 305 315 -3 +2
Total 2,838 3,155 -10 +5

Growth Plan
The Good
Sales by business
Crop Protection 10,005 11,381 -12 -1
Seeds 2,838 3,155 -10 +5
Elimination of Crop Protection sales to Seeds (80) (95) n/a n/a
Total integrated sales 12,763 14,441 -12
Lawn and Garden 648 693 -7 +3
Group sales 13,411 15,134 -11 +1

Full year product line sales

performance
Operational
2015 2014 Actual CER
Year ended December 31 ($m) ($m) % %
Selective herbicides 2,894 3,083 -6 +6
Non-selective herbicides 913 1,445 -37 -31
Fungicides 3,357 3,518 -5 +9
Insecticides 1,705 2,066 -17 -8
Seedcare 994 1,115 -11
Other crop protection 142 154 -8 -1
data
Performance

Total Crop Protection 10,005 11,381 -12 -1


Corn and soybean 1,564 1,665 -6 +4
Diverse field crops 658 827 -20 +8
Vegetables 616 663 -7 +5
Total Seeds 2,838 3,155 -10 +5
Elimination of Crop Protection sales to Seeds (80) (95) n/a n/a
Lawn and Garden 648 693 -7 +3
Group sales 13,411 15,134 -11 +1
information
Corporate
50 Syngenta Annual Review 2015

Condensed consolidated income statement


Year ended December 31 ($m, except share and per share amounts) 2015 2014
Sales 13,411 15,134
Cost of goods sold (7,042) (8,192)
Gross profit 6,369 6,942
Marketing and distribution (2,210) (2,497)
Research and development (1,362) (1,430)
General and administrative:
Restructuring (388) (193)
Other general and administrative (568) (717)
Operating income 1,841 2,105
Income from associates and joint ventures 7 7
Financial expense, net (256) (217)
Income before taxes 1,592 1,895
Income tax expense (248) (273)
Net income 1,344 1,622
Attributable to:
Syngenta AG shareholders 1,339 1,619
Non-controlling interests 5 3
Net income 1,344 1,622
Earnings per share ($):
Basic 14.57 17.66
Diluted 14.52 17.60
Weighted average number of shares:
Basic 91,908,128 91,674,127
Diluted 92,206,535 92,007,089
All activities were in respect of continuing operations.

Restructuring and impairment before taxes


Year ended December 31 ($m) 2015 2014
Accelerating operational leverage programs:
Cash costs 228 49
Non-cash impairment costs 33 14
Pension curtailment gain (21)
Integrated crop strategy programs:
Cash costs 27 61
Operational efficiency programs:
Cash costs 18
Acquisition, divestment and related costs:
Cash costs 91 27
Non-cash items
Reversal of inventory step-ups 13
Fixed asset impairment 1
Other non-cash restructuring:
Non-current asset impairment 29 24
Total restructuring and impairment before taxes1 388 206
1 $nil (2014: $13million) is included within Cost of goods sold
Performance data Financial information Syngenta Annual Review 2015 51

Condensed consolidated balance sheet

overview
Strategic
At December 31 ($m) 2015 2014
Assets
Current assets:
Cash and cash equivalents 1,141 1,638
Trade receivables 4,128 3,698
Other accounts receivable 845 747
Inventories 4,345 4,861
Derivative and other financial assets 401 377

Development
Research and
Other current assets 338 244
Total current assets 11,198 11,565
Non-current assets:
Property, plant and equipment 3,383 3,562
Intangible assets 3,040 3,186
Deferred tax assets 783 1,008
Financial and other non-current assets 396 420
Associates and joint ventures 177 188

in focus
Crops
Total non-current assets 7,779 8,364
Total assets 18,977 19,929
Liabilities and equity
Current liabilities:
Trade accounts payable (3,311) (3,472)
Current financial debt and other financial liabilities (730) (1,329)
Income taxes payable (444) (706)
Other current liabilities (983) (984)

Growth Plan
The Good
Provisions (193) (216)
Total current liabilities (5,661) (6,707)
Non-current liabilities:
Financial debt and other non-current liabilities (3,501) (2,976)
Deferred tax liabilities (668) (665)
Provisions (727) (676)
Total non-current liabilities (4,896) (4,317)
Total liabilities (10,557) (11,024)
Equity:

performance
Operational
Shareholders equity (8,401) (8,889)
Non-controlling interests (19) (16)
Total equity (8,420) (8,905)
Total liabilities and equity (18,977) (19,929)

data
Performance
information
Corporate
52 Syngenta Annual Review 2015

Condensed consolidated cash flow statement


Year ended December 31 ($m) 2015 2014
Income before taxes 1,592 1,895
Reversal of non-cash items 1,203 808
Cash (paid)/received in respect of:
Interest and other financial receipts 472 277
Interest and other financial payments (623) (483)
Income taxes (482) (330)
Restructuring costs (125) (26)
Contributions to pension plans, excluding restructuring costs (156) (184)
Other provisions (80) (70)
Cash flow before change in net working capital 1,801 1,887
Change in net working capital:
Change in inventories 32 326
Change in trade and other working capital assets (868) (332)
Change in trade and other working capital liabilities 225 50
Cash flow from operating activities 1,190 1,931
Additions to property, plant and equipment (453) (600)
Proceeds from disposals of property, plant and equipment 74 39
Purchases of intangible assets (90) (82)
Purchases of investments in associates and other financial assets (29) (38)
Proceeds from disposals of intangible and financial assets 46 39
Acquisitions and divestments, net (10) (87)
Cash flow used for investing activities (462) (729)
Increases in third party interest-bearing debt 1,098 2,272
Repayments of third party interest-bearing debt (1,174) (1,556)
(Purchases)/sales of treasury shares and options over own shares, net (34) (104)
Distributions paid to shareholders (1,078) (1,032)
Cash flow used for financing activities (1,188) (420)
Net effect of currency translation on cash and cash equivalents (37) (46)
Net change in cash and cash equivalents (497) 736
Cash and cash equivalents at the beginning of the year 1,638 902
Cash and cash equivalents at the end of the year 1,141 1,638

Free cash flow


Year ended December 31 ($m) 2015 2014
Cash flow from operating activities 1,190 1,931
Cash flow used for investing activities (462) (729)
Cash flow used for/(from) marketable securities (1)
Cash flow used for/(from) foreign exchange movements and settlement of hedges of inter-company loans 67 (118)
Free cash flow 795 1,083
Performance data Financial information Syngenta Annual Review 2015 53

Full year segmental results excluding restructuring and impairment

overview
Strategic
Europe, Africa, North Latin Asia Non- Total Lawn and
2015 ($m) Middle East America America Pacific regional integrated Garden Group
Sales 3,884 3,410 3,632 1,837 12,763 648 13,411
Cost of goods sold (1,889) (1,779) (2,118) (1,012) 54 (6,744) (298) (7,042)
Gross profit 1,995 1,631 1,514 825 54 6,019 350 6,369
Marketing and distribution (586) (537) (557) (286) (83) (2,049) (161) (2,210)
Research and development (1,310) (1,310) (52) (1,362)
General and administrative (126) (84) (39) (35) (274) (558) (10) (568)

Development
Research and
Operating income/(loss) 1,283 1,010 918 504 (1,613) 2,102 127 2,229

Europe, Africa, North Latin Asia Non- Total Lawn and


2014 ($m) Middle East America America Pacific regional integrated Garden Group
Sales 4,547 3,582 4,279 2,033 14,441 693 15,134
Cost of goods sold (2,167) (2,003) (2,492) (1,107) (92) (7,861) (318) (8,179)
Gross profit 2,380 1,579 1,787 926 (92) 6,580 375 6,955
Marketing and distribution (720) (564) (615) (314) (110) (2,323) (174) (2,497)

in focus
Crops
Research and development (1,376) (1,376) (54) (1,430)
General and administrative (161) (92) (77) (48) (307) (685) (32) (717)
Operating income/(loss) 1,499 923 1,095 564 (1,885) 2,196 115 2,311

Segmental operating income reconciled to


segmental results excluding restructuring andimpairment
Europe, Africa, North Latin Asia Non- Total Lawn and

Growth Plan
The Good
2015 ($m) Middle East America America Pacific regional integrated Garden Group
Operating income/(loss) 1,155 973 890 484 (1,781) 1,721 120 1,841
Restructuring and impairment:
Expenses 128 37 28 20 168 381 7 388
Operating income excluding
restructuring and impairment 1,283 1,010 918 504 (1,613) 2,102 127 2,229
Operating margin (%) 33.1 29.6 25.3 27.5 n/a 16.5 19.6 16.6

performance
Operational
Europe, Africa, North Latin Asia Non- Total Lawn and
2014 ($m) Middle East America America Pacific regional integrated Garden Group
Operating income/(loss) 1,456 901 1,069 560 (1,981) 2,005 100 2,105
Restructuring and impairment:
Cost of goods sold1 13 13 13
Expenses 30 22 26 4 96 178 15 193
Operating income excluding
restructuring and impairment 1,499 923 1,095 564 (1,885) 2,196 115 2,311
Operating margin (%) 33.0 25.8 25.6 27.8 n/a 15.2 16.6 15.3
data
Performance

1 Reversal of inventory step-up


information
Corporate
54 Syngenta Annual Review 2015

Constant exchange rates (CER) Restructuring includes the incremental Net debt reconciliation
Results in this report from one period to costs of closing, restructuring or relocating Net debt comprises total debt net of cash
another period are, where appropriate, existing operations, and gains or losses and cash equivalents and marketable
compared using constant exchange rates from related asset disposals. Restructuring securities. During 2015, Syngenta
(CER). To present that information, current also includes the effects of analyzing and redefined net debt to exclude fair values
period results for entities reporting in preparing for potential industry consolidation offinancing-related derivatives, as these
currencies other than US dollars are transactions as well as completing and are now offset by the financial assets and
converted into US dollars at the prior integrating significant business combinations liabilities arising from collateral paid and
periods exchange rates, rather than at and divestments, including related received under Credit Support Annex
theexchange rates for the current year. transaction costs, gains and losses. contracts (CSAs). Net debt is not a
CER margin percentages for gross profit Recurring costs of normal business measure of financial position under
and EBITDA are calculated by the ratio operations and routine asset disposal generally accepted accounting principles
ofthese measures to sales after restating gains and losses are excluded. and the net debt measure used by
themeasures and sales at prior period Syngenta may not be comparable to the
exchange rates. The CER presentation Impairment includes impairment losses similarly titled measure of other companies.
indicates the underlying business associated with major restructuring as Net debt has been included as it is used by
performance before taking into account wellas impairment losses and reversals many investors as a useful measure of
currency exchange fluctuations. ofimpairment losses resulting from major financial position and risk. The following
changes in the markets in which table presents the derivation of the debt/
areportedsegment operates. equity gearing ratio:
EBITDA
EBITDA is defined as earnings before The incidence of these business changes ($m) 2015 20141
interest, tax, non-controlling interests, may be periodic and the effect on reported Net debt 2,586 2,248
depreciation, amortization, restructuring performance of initiating them will vary from Shareholders equity 8,401 8,889
and impairment. Information concerning period to period. As each such business Debt/Equity gearing ratio 31% 25%
EBITDA has been included as it is used change is different in nature and scope, 1 Under the definition of net debt used in 2014,
bymanagement and by investors as there will be little continuity in the detailed debt/equity gearing ratio was 27%
asupplementary measure of operating composition and size of the reported
performance. Management excludes amounts which affect performance in Cash flow return oninvestment
restructuring from EBITDA in order to successive periods. Separate disclosure Cash flow return on investment is a
focuson results excluding items affecting ofthese amounts facilitates the measure used by Syngenta to compare
comparability from one period to the next. understanding of performance including cash returns to average invested capital.
EBITDA is not a measure of cash liquidity and excluding items affecting Gross cash flow used in the calculation
or financial performance under generally comparability. Syngentas definition of comprises cash flow before change in net
accepted accounting principles and the restructuring and impairment may not be working capital, excluding interest and
EBITDA measures used by Syngenta may comparable to similarly titled line items in other financial receipts and payments.
not be comparable to other similarly titled financial statements of other companies. Invested capital comprises: total current
measures of other companies. EBITDA
assets, excluding cash and derivative and
should not be construed as an alternative
Free cash flow other financial assets; total non-current
to operating income or cash flow as
Free cash flow comprises cash flow from assets, excluding non-current derivative
determined in accordance with generally
operating and investing activities: excluding and other financial assets and defined
accepted accounting principles.
investments in and proceeds from benefit pension assets, and adjusted to
marketable securities, which are included reflect the gross book values of property,
Restructuring and in investing activities; excluding cash flows plant and equipment and intangible
impairment before taxes from and used for foreign exchange assets; total current liabilities, excluding
Restructuring represents the effect on movements and settlement of related current financial debt and other financial
reported performance of initiating and hedges on inter-company loans, which liabilities; and deferred tax liabilities.
enabling business changes that are areincluded in operating activities; and
considered major and that, in the opinion including cash flows from acquisitions
ofmanagement, will have a material effect ofnon-controlling interests, which are
on the nature and focus of Syngentas included in financing activities.
operations, and therefore require separate
disclosure to provide a more thorough Free cash flow is not a measure of financial
understanding of business performance. performance under generally accepted
accounting principles and the free cash
flow measure used by Syngenta may not
be identical to similarly titled measures of
other companies. Free cash flow has been
included as it is used by many investors
asa useful supplementary measure of
cash generation.
Performance data Non-financial information Syngenta Annual Review 2015 55

Non-financial information

overview
Strategic
At Syngenta, non-financial information refers to quantitative andqualitative
information on strategies, policies or activities pursued towards our business,
environmental and social goals.

Our non-financial performance is reported Corporate Responsibility Our interaction with industry associations,

Development
Research and
throughout this Annual Review and governance non-governmental organizations,
quantified in the Non-financial performance governments and the investor community
Our Board-level Corporate Responsibility
summary on pages 57 to 62. enables us to gather feedback on our
Committee, chaired by the Syngenta
activities and monitor issues important
Chairman, acts as custodian on all
Corporate Responsibility tostakeholders. We conduct research
CRmatters. At senior executive level,
Corporate Responsibility (CR) is integral tobetter understand consumers
theCorporate Responsibility Panel
toour business. Our ambition is to bring perceptions of topics associated with
directs CR-related standards, strategy,
greater food security to an increasingly agriculture and our industry; and we
objectives and partnerships, and the
populous world in an environmentally aimtobe open and accessible for
Compliance and Risk Management

in focus
Crops
sustainable way by creating a worldwide example, answering their frequently
Committee reviews and advises on non-
step change in farm productivity. askedquestionsunder Questions
financial reporting andthe effectiveness
The Good Growth Plan sets specific, aboutSyngenta on our website.
of implementation ofinternal policies.
ambitious and measurable targets In 2015, we conducted an assessment to
focusedon boosting resource efficiency, Materiality and stakeholder identify our most material issues to help
rejuvenating ecosystems and engagement drive our strategy, determine allocation
strengthening rural communities. We are ofeffort and resources, and guide our
We regularly assess stakeholder concerns
also committed todeveloping our people, external communication and reporting.
and expectations, as well as the issues
reducing our environmental footprint, The most important issue to our

Growth Plan
The Good
that we believe present the greatest risks
enhancing our social engagement, raising stakeholders is our contribution to food
and opportunities for our business. We
supply chain sustainability and doing security. In particular, they want to know
engage with and collect feedback from
business responsibly. Syngenta is guided how our technologies and products will
stakeholders in a variety of ways. We listen
by the conviction that short-, medium- enable growers to deliver sustainably the
to the grower community through
andlongterm value creation depends quality and quantity of food needed by
satisfaction surveys and farmers direct
onsuccessfully integrating business, agrowing population. We contribute to
contact with our sales teams on the
socialand environmental performance. addressing these issues through our
ground. We also engage directly with
ouremployees and locally with the GoodGrowth Plan.

performance
Operational
communities close to our operations.

data
Performance

Director Board of
Corporate
level Directors
Responsibility
Committee
information
Corporate

Senior Compliance and Corporate


executive Risk Management Responsibility
level Committee Panel
56 Syngenta Annual Review 2015

Approach to Our non-financial reporting is for the Syngentas internal controls over non-
non-financial reporting operations of Syngenta Group, including financial reporting were designed to
material interactions with selected third provide assurance to Syngentas Board
The Non-financial performance summary
parties as reported in the Non-financial ofDirectors and management regarding
on the following pages presents data on
performance summary. Our non-financial the reliability of non-financial reporting
our progress towards four goals:
reporting is guided by the Global Reporting andthe preparation and fair presentation
Initiative principles and is externally assured, of the information published in the Non-
The Good Growth Plan
see page 63. The non-financial reporting financial performance summary.
Help shape the future sustainability of
period is October 1 to September 30.
agriculture, and deliver solutions that All internal controls, no matter how well
arebetter, more productive and more Syngenta is a signatory to the United designed, have inherent limitations and
beneficial to rural economies Nations Global Compact. Syngentas therefore may not prevent or detect
Annual Report serves as our misstatements. In designing internal
People Communication on Progress (COP) controls over non-financial reporting,
Attract and retain talent while creating madein implementing these principles. Syngenta used the criteria established in
anenvironment that stimulates Internal Control Integrated Framework
innovation and personal performance Approval of Non-financial (2013) issued by the Committee of
and development performance summary Sponsoring Organizations of the
Sustainable operations The information in the Non-financial TreadwayCommission (COSO).
Manage our environmental footprint performance summary on pages 57 to PricewaterhouseCoopers AG, Switzerland,
andmaintain the highest standards 62of the Annual Review was approved an independent registered public
inouroperations bytheBoard of Directors on February 2, accounting firm, has issued an opinion
2016. Syngentas Board of Directors onSyngentas Non-financial performance
Business integrity andmanagement are responsible summary, which is included in the Annual
Maintain the highest standards across forestablishing and maintaining Review on page 63.
ourentire business and go beyond adequate internal controls over  ead more on:
R
regulatory compliance, while benefiting non-financial reporting.
www.cr.syngenta.com
www.questions.syngenta.com
thecommunities and economies www.gri.syngenta.com
inwhichwe operate

Materiality matrix
Focus areas Monitored activities Positions
We share our views, we We share our views, and We share our views on the
Focus measure and evaluate we measure and evaluate issues that engage public
Importance to stakeholders

areas performance, and we have performance on these interest and have a bearing
set or plan to set goals or issues to sustain the trust on our business.
quantitative targets on the and confidence of our Biofuels
Monitored most important issues, in stakeholders, and for us to Biotechnology
activities particular our contribution be a responsible business. Climate change adaptation
to food security. Animals in research Diminishing crop diversity
Biodiversity Community relations and and monoculture practices

Energy, hazardous waste stakeholder engagement Food availability, affordability


and waste
Positions and water use Corporate conduct
Land grabbing
Health, safety and wellbeing Corporate governance
Importance to Syngenta Human rights and fair Economic value shared Local investment and sourcing
labor practices Environmental compliance Marketing practices
Land productivity and liabilities Organic agriculture
We have three levels of disclosure Logistics optimization Greenhouse gas and other Pollinators and pesticide use
based on the importance of the Product stewardship air emissions Product registration
issues to our stakeholders and Science and intellectual Product responsibility Public policy and advocacy
property compliance
toSyngenta. Responsible practices for
Smallholder empowerment Security practices product development
Soil and water conservation Rural development
Supply chain sustainability Tax transparency
Talent attraction and retention Transparency
Performance data Non-financial information Syngenta Annual Review 2015 57

Non-financial performance summary

overview
Strategic
The Good Growth Plan
2015 2014 2013
Make crops more efficient1
Total number of reference farms 1,062 860
Total number of benchmark farms 2,586 2,738
Annual average productivity increase on reference farms compared to baseline 2014 2%

Performance of reference farm clusters Performance of benchmark farm clusters

Development
Research and
compared to baseline 20143,4 compared to baseline 20143,4
2015 2014 2013 2015 2014 2013
Total number of clusters2 172 205 172 205
Land productivity index:
0% 148 205 149 205
>0<5% 6 6
5<10% 5 5
10<15% 3 3
15<20% 4 4

in focus
Crops
20% 6 5
Nutrient efficiency index:
0% 148 205 146 205
>0<5% 2 5
5<10% 0 2
10<15% 5 4
15<20% 2 2
20% 15 13

Growth Plan
The Good
Pesticide efficiency index:
0% 145 205 146 205
>0<5% 4 2
5<10% 1 2
10<15% 3 1
15<20% 0 1
20% 19 20
1 2014 first year of reporting
2 Reduced number of clusters in 2015 due to cluster consolidation

performance
Operational
3 2014 value was restated to represent clusters with reference and/or benchmark farms
4 Number of clusters with reference and/or benchmark farms per range of percentage increase in land productivity, nutrient efficiency and pesticide efficiency
since the 2014 baseline. US Department of Agriculture data are used for benchmark farms in clusters located in the USA

The table above presents the number of reference farms, benchmark farms
and clusters in the network. It also outlines the distribution of percentage increases
in land productivity, nutrient efficiency and pesticide efficiency on a cluster basis.
A cluster presents homogeneous agro-climatic conditions and contains reference and/
orbenchmark farms with similar grower characteristics. Reference farms were selected
data
Performance

by Syngenta and are recommended to use Syngenta products and follow optimized
protocols. Benchmark farms were randomly selected by a third-party research agency
and represent grower practice for each cluster. The reduction of clusters in 2015
versus2014 was due to the consolidation of some clusters with similar conditions
andcharacteristics.
Performance of reference and benchmark farm clusters compared to baseline 2014
represents the distribution of percentage increases achieved in reference and
benchmark farms compared to the baseline year on a cluster basis. The table
is set up to show trends over time on reference and benchmark farms. As the
information
Corporate

baseline year is 2014, all clusters are reported as 0% in 2014.

 ead more about how we are measuring The Good Growth Plan
R
on www.data.syngenta.com
58 Syngenta Annual Review 2015

The Good Growth Plan continued Cumulative since


baseline 2014 2015 2014 2013
Rescue more farmland1
Hectares of impacted farmland (m) 2.4 1.6 0.8

Help biodiversity flourish1


Hectares of impacted farmland (m) 1.6 0.9 0.7

Empower smallholders1
Smallholders reached through sales (m)2 17.2 13.8

Help people stay safe


People trained on safe use (m) 10.4 5.7 4.7 2.8
Of which: smallholders1 72% 71% 74%
Countries with established Syngenta product toxicovigilance programs 100 100 100
Crop Protection sales represented 93% 93% 93%

Look after every worker


Seed supply farms included in Syngenta Fair Labor Program3,4 27,091 28,361 22,895
Of which: farms in Fair Labor Association (FLA)s audit scope4 18,571 28,361 22,895
Total seed supply farms covered by Syngenta Fair Labor Program3,5 84% 53%
HSEQ assessments at chemical suppliers 84 72 86
HSEQ assessments at formulation, fill and packaging suppliers and seed toll manufacturing6 34 74 38
HSEQ assessments at warehouse/logistics service providers 118 156 157

1 2014 first year of reporting


2 2014 value was restated due to clarification of definitions and scope
3 Until 2014, figure included only number of farms in Fair Labor Association (FLA)s audit scope
4 Reduction in 2015 due to decrease in production volumes and reorganization of seed suppliers
5 2014 value was estimated and not assured
6 Seed toll manufacturing has been included since 2014
 ead more about how we are measuring The Good Growth Plan
R
on www.data.syngenta.com

People
2015 2014 2013
Employment
Employees1 28,704 29,340 28,149
Europe, Africa and Middle East2 13,047 13,300 12,763
North America 4,335 4,636 4,654
Latin America 4,962 4,945 5,221
Asia Pacific 6,360 6,459 5,511
Part-time employees 984 948 976
Turnover rate3 12.5% 9.9% 14.1%
of which: <35 years 41% 43% 43%
3550 years 43% 41% 35%
>50 years 16% 16% 22%
Attrition rate4 6.1% 5.5% 5.5%
Senior managers 332 359 366
Headquarters 44% 42% 47%
Europe, Africa and Middle East 16% 18% 13%
North America 18% 18% 18%
Latin America 12% 12% 12%
Asia Pacific 10% 10% 10%

1 Permanent full-time equivalent (FTE)


2 Including headquarters (Switzerland)
3 Including voluntary leavers, retirees and restructuring
4 Includes only voluntary leavers
Performance data Non-financial information Syngenta Annual Review 2015 59

People continued

overview
Strategic
2015 2014 2013
Diversity
Nationalities in senior management1 33 37 41
Female employees 30% 29% 30%
Female employees in management roles 22% 21% 20%
Female employees in senior management 14% 13% 13%

Employee development2
Training investment ($m) 25.1 29.8 27.1

Development
Research and
Average training investment per employee ($)3 874 1,015 964

Reward and recognition


Employees eligible to participate in Employee Share Purchase Plan (ESPP)4 20,088 20,666 18,790
of which: employees participating4 44% 44% 47%
Employees participating in long-term equity incentive plans 1,370 1,304 1,226

Health, safety and wellbeing

in focus
Crops
Recordable injury and illness rate (IIR) per 200,000 hours5 0.38 0.37 0.41
Recordable injury rate per 200,000 hours5 0.35 0.33 0.35
Europe, Africa and Middle East6 0.48 0.41 0.38
North America 0.69 0.54 0.64
Latin America 0.24 0.41 0.38
Asia Pacific 0.11 0.10 0.15
Recordable occupational illness rate per 200,000 hours5 0.03 0.04 0.07
Europe, Africa and Middle East6 0.04 0.03 0.07

Growth Plan
The Good
North America 0.04 0.02 0.14
Latin America 0.06 0.12 0.08
Asia Pacific 0.01 0.01 0.02
First aid cases 413 420 623
Recordable injuries7 154 145 148
Bruise, strain, sprain and dislocation 39% 52% 44%
Cut and abrasion 31% 19% 22%
Bone fracture 13% 11% 15%
Concussion and internal injury 3% 4% 1%

performance
Operational
Multiple injuries 1% 3%
Other 13% 11% 18%
Cases of recordable occupational illness 14 17 28
Cases of work-related stress 26 35 36

1 2014 value was restated due to a calculation error and revised definition
2 Includes only training delivered by external providers
3 Permanent full-time equivalent (FTE)
4 2014 value was restated due to late reporting from one country
5 According to US OSHA definition for injuries and illness
data
Performance
6 Including headquarters (Switzerland)
7 New reporting system and injury categories introduced in 2014. 2013 percentages were restated in 2014 to align to new breakdown
information
Corporate
60 Syngenta Annual Review 2015

Sustainable operations
2015 2014 2013
Energy
Energy intensity (MJ/$sales) 0.69 0.66 0.69
Energy (TJ) 9,222 9,930 10,202
Gas (TJ) 3,840 3,946 4,050
Electricity (TJ) 2,349 2,460 2,459
Steam (TJ) 1,547 1,633 1,578
Oil (TJ) 536 854 975
Other (TJ) 950 1,037 1,140

Greenhouse gases
Total CO2e emissions intensity (g/$sales) 124 114 116
Total CO2e emissions (000s tonnes) 1,660 1,730 1,710
Within direct control:
CO2e emissions from own operations (000s tonnes) 574 620 634
CO2 emissions from company vehicles (000s tonnes) 70 75 76
Within indirect control:
CO2e emissions from purchased energy (000s tonnes) 400 419 417
CO2 emissions from business trips (000s tonnes) 36 43 40
CO2 emissions from distribution (000s tonnes) 580 573 543

Other air emissions


Other air emissions intensity (g/$sales) 0.088 0.099 0.103
Other air emissions (tonnes) 1,176 1,500 1,514
NOx (tonnes) 462 523 440
Non-halogenated VOCs (tonnes) 384 435 427
Halogenated VOCs (tonnes) 26 32 21
Particulates (tonnes) 79 101 105
SO2 (tonnes) 210 386 494
NH3 (tonnes) 6 6 8
HCl (tonnes) 9 17 19

Water
Water usage intensity (liters/$sales) 2.6 2.5 2.5
Water usage (million cubic meters) 35.0 37.8 36.8
Cooling (million cubic meters) 20.8 21.2 19.4
Irrigation (million cubic meters) 6.8 7.0 7.6
Processing and washing (million cubic meters) 5.3 7.3 7.4
Product ingredient (million cubic meters) 0.2 0.3 0.3
Sewage and sanitary (million cubic meters) 1.1 1.0 1.1
Other (million cubic meters) 0.8 1.0 1.0
Origin of water:
Surface fresh water (million cubic meters) 24.4 26.7 25.6
Underground water (million cubic meters) 7.8 7.7 7.8
Drinking water from municipal network (million cubic meters) 2.7 2.9 3.0
Recovered rain water (million cubic meters) 0.1 0.1 0.1
Saline water (million cubic meters) 0.0 0.4 0.3
Performance data Non-financial information Syngenta Annual Review 2015 61

Sustainable operations continued

overview
Strategic
2015 2014 2013
Wastewater effluents
Industrial wastewater discharge intensity (liters/$sales) 0.70 0.66 0.74
Industrial wastewater discharge (million cubic meters) 9.4 10.0 10.8
Total organic carbon (TOC) (tonnes) 649 687 879
Chemical oxygen demand (COD) (tonnes) 1,953 2,059 2,679
Biological oxygen demand (BOD) (tonnes) 189 197 225
Total suspended solids (tonnes) 294 370 345
Soluble salts discharged (000s tonnes) 125 137 143

Development
Research and
Direct discharge of uncontaminated cooling water (million cubic meters) 20.5 21.0 19.1

Waste
Hazardous waste intensity (g/$sales) 14.4 15.6 16.0
Hazardous waste (000s tonnes) 193 236 235
Recycled and re-used (000s tonnes) 95 114 72
Incinerated (000s tonnes) 83 106 148
Landfill (000s tonnes) 1 1 3

in focus
Crops
Other (000s tonnes) 14 15 12
Hazardous waste by type:
Chemical 55% 59% 66%
Solvents 36% 33% 27%
Other 9% 8% 7%

Non-hazardous waste intensity (g/$sales) 9.7 9.4 9.0


Non-hazardous waste (000s tonnes) 130 143 132

Growth Plan
The Good
Recycled and re-used (000s tonnes) 96 106 101
Incinerated (000s tonnes) 3 9 8
Landfill (000s tonnes) 21 20 17
Other (000s tonnes) 10 8 6
Non-hazardous waste by type:
Plant and seed waste from seed sites 58% 65% 66%
Inerts 8% 4% 3%
Packaging materials 6% 6% 7%
Household 4% 5% 5%

performance
Operational
Other 24% 20% 19%

Environmental compliance
Significant unplanned releases1 3 0 1

Security management
Sites included in Syngenta Security 360 Program2 117 105 70
Product Security cases3 677
data
Performance

Suspect counterfeit Crop Protection product seized by authorities (tonnes)3 323


Suspect counterfeit Seed product seized by authorities (tonnes)3 91

1 Releases that escaped beyond the site boundary and could cause either environmental impact and/or concern from neighbors and regulators. The three unplanned
releases in 2015 were air emissions; no actual off-site incident occurred or was reported
2 Policy on security management reporting was revised in 2014: 2015 and 2014 include all evaluated sites. 2013 includes only sites in medium and high-risk countries
3 New KPI introduced in 2015 to capture counterfeiting of our products
information
Corporate
62 Syngenta Annual Review 2015

Business integrity
2015 2014 2013
Corporate conduct
Compliance cases reported1 196 96 110

Animal testing compliance


Management system audits performed in contract laboratories 13 17 13
Management system non-compliances found 0 0 0

Biotechnology and regulatory compliance


Employees completing trial regulatory compliance training 1,627 1,711 1,228
Trial locations requiring a permit2 155 411 420
Trial inspections performed by Syngenta 169 203 272

Economic value shared


Economic value shared ($m) 13,440 14,982 14,864
Payments to suppliers3 8,453 9,613 9,792
Employee wages and benefits4 2,725 2,888 2,828
Payments to governments (taxes)5 432 366 405
Payments to providers of capital6 1,223 1,285 1,139
Capital expenditure7 583 805 679
Corporate community investment8 24 25 21
1 Since 2015, the number of cases reported includes all cases managed by Group Compliance: cases reported through the compliance helpline, line management, directly to
GroupCompliance or other channels. In previous years, the value only included cases reported via the helpline
2 In 2015, an additional 220 North American trial locations not requiring a permit were handled as regulated and managed in accordance with the North American Regulatory
Compliance Program
3 Decrease in Payments to suppliers mainly reflects lower production activity due to lower sales and efforts to reduce inventory
4 Employee benefits and wages increased due to termination costs from the AOL restructuring program, but show a decrease due to the impact of foreign exchange translation
5 Consists of income and other taxes paid, excluding VAT (included in Payments to suppliers) and employment-related taxes (included in Employee wages and benefits)
6 Consists of expenditures for dividends, share repurchases (excluding those for employee share plans) and interest on debt
7 Decrease in capital expenditure reflects lower investment in Property, Plant and Equipment during the period
8 The PwC Independent Assurance Report includes in its scope only the Corporate community investment figure used in the calculation of Economic value shared
Performance data Non-financial information Syngenta Annual Review 2015 63

Independent Assurance Report on the Syngenta Non-financial Reporting

overview
Strategic
To the Board of Directors, Syngenta AG, Responsibilities and Methodology Summary of work performed
Basel (Syngenta) The Board of Directors of Syngenta AG is Our assurance procedures included the
We have been engaged to perform responsible for both the subject matter and following work but not limited to:
assurance procedures to provide assurance the reporting criteria as well as for the entire Evaluation of the application of group
on the Non-financial performance summary reporting process of the selected information guidelines;
of Syngenta included in the Annual Review in accordance with the criteria. This
responsibility includes the design, Visits of six different sites in Argentina and
2015 (Report). Brazil selected based on quantitative and
implementation and maintenance of related
internal control relevant to this reporting qualitative criteria;
Scope and Subject matter

Development
Research and
process that is free from material Testing of the performance indicators on a
Our assurance engagement and the related sample basis for evidence supporting the
misstatement, whether due to fraud or error.
levels of assurance focused on the data and Non-financial performance summary
information disclosed in the aggregated non- Our responsibility is to perform a limited relative to completeness, accuracy,
financial reporting of Syngenta for the orreasonable assurance engagement to adequacy and consistency;
financial year ended December 31, 2015: express an opinion on positions in the related
Non-financial performance summary on Review of the documentation supporting
Reasonable Assurance relevant data on a sample basis, including
The following subject matter contained pages 57 to 62. We planned and conducted
our engagement in accordance with management and reporting structures
intheReport is within the scope of the anddocumentation;
reasonable assurance: International Standard on Assurance
Reviewing the management and reporting

in focus
Crops
Engagements (ISAE 3000) (revised)
The application of the Syngenta reporting processes. Assessing the consolidation
Assurance engagements other than audits
guidelines published on The Good Growth process of data at the Group level.
orreviews of historical financial information.
Plan Progress Data website in the non-
That standard requires that we comply with
financial reporting; and We have neither carried out any work in
ethical requirements and plan and perform
the internal reporting system and respect of projections and targets nor such
our procedures to obtain reasonable or
procedures to collect and aggregate the outside of the agreed scope.
limited assurance whether the related
non-financial data for the six Good Growth Non-financial performance summary We believe that the evidence we have obtained
Plan commitments on page 56, excl. the wereprepared, in all material aspects, is sufficient and appropriate to provide a basis
materiality matrix; and inaccordance with the Reporting Criteria. for our assurance conclusions.
the data and information in the Non-

Growth Plan
The Good
A limited assurance engagement under ISAE Reasonable assurance conclusion
financial performance summary, in all
3000 (revised) is substantially less in scope
material aspects, on pages 57 and 58 In our opinion,
than a reasonable assurance engagement
(excl. people indicators) of the Report.
inrelation to both the risk assessment The Good Growth Plan guidelines as
Limited Assurance procedures, including an understanding published on The Good Growth Plan
The related Non-financial performance ofinternal control, and the procedures Progress Data website are being applied,
summary disclosed, in all material aspects, performed in response to the assessed risks. inall material aspects; and
on pages 58 (limited to people indicators) Consequently, the nature, timing and extent The internal reporting systems to collect
to62 of the Report is within the scope of of procedures for gathering sufficient and aggregate The Good Growth Plan data
thelimited assurance. appropriate evidence are deliberately limited are functioning as designed and provide

performance
Operational
relative to a reasonable assurance anappropriate basis for this reporting; and
Our assurance procedures do not cover engagement and therefore less assurance
theindicators on payments to suppliers, isobtained with a limited assurance The data and information disclosed in the
employee wages and benefits, payments to engagement than for a reasonable Non-financial performance summary in the
governments and providers of capital, and assuranceengagement. Report on pages 57 and 58 (excl. people
capital expenditure presented in the related indicators) give a fair picture of Syngentas
Non-financial performance summary on The procedures selected depend on the non-financial performance.
page 62 of the Report. assurance practitioners judgment.
Limited assurance conclusion
Criteria Our Independence and Quality Based on our work performed on the related
The reporting criteria used by Syngenta Control Non-financial performance summary nothing
data
Performance

aredescribed and disclosed on The Good We have complied with the independence has come to our attention causing us to
Growth Plan Progress Data website and in and other ethical requirements of the Code believe that disclosed data and information
the internal non-financial reporting guidelines. ofEthics for Professional Accountants issued inthe related Non-financial performance
These define those procedures based on the by the International Ethics Standards Board summary in the Report on pages 58 (limited
related sections of the Standard Disclosure for Accountants, which is founded on to the people indicators) to 62 does not give
of the Sustainability Reporting Guidelines G4 fundamental principles of integrity, objectivity, afair picture of Syngentas non-financial
published in 2013 by the Global Reporting professional competence and due care, performance, in all material aspects, in
Initiative (GRI), by which the non-financial confidentiality and professional behavior. accordance with the reporting criteria.
performance data are internally gathered,
Our firm applies International Standard on
collated and aggregated.
Quality Control 1 and accordingly maintains
information
Corporate

The accuracy and completeness of non- acomprehensive system of quality control


financial performance indicators are subject including documented policies and
to inherent limitations given their nature and procedures regarding compliance with ethical
methods for determining, calculating and requirements, professional standards and PricewaterhouseCoopers AG
estimating such data. Accordingly, our applicable legal and regulatory requirements. Zurich, February 16, 2016
assurance report should therefore be read Gerd Tritschler
together with the related reporting criteria. Bettina Buomberger
64 Syngenta Annual Review 2015

Board of Directors 1 Michel Demar


Chairman of the Board, non-executive Director.
Chairman of the Chairmans & Governance
at December 31, 2015 Committee, the Corporate Responsibility
Committee and the Nomination Committee.
Syngenta is led by a strong and experienced Board of Directors. He is also Chairman of the Syngenta Foundation
The Board includes representatives with seven nationalities, drawn from for Sustainable Agriculture

broad international business and scientific backgrounds. Its members Born: 1956
Nationality: Belgian
bringdiversity in expertise and perspective to the leadership of a complex, Initial appointment: 2012
highly-regulated, global business.
2 Jrg Witmer
Vice Chairman, non-executive Director.
1 2
Chairman of the Compensation Committee,
member of the Chairmans & Governance
Committee and the Nomination Committee
Born: 1948
Nationality: Swiss
Initial appointment: 2006

3 Vinita Bali
Non-executive Director. Member of the
Corporate Responsibility Committee
Born: 1955
3 4 Nationality: Indian
Initial appointment: 2012

4 Stefan Borgas
Non-executive Director. Member of the
Audit Committee
Born: 1964
Nationality: German
Initial appointment: 2009

5 Gunnar Brock
Non-executive Director. Chairman of the
5 6 Audit Committee and member of the
Nomination Committee
Born: 1950
Nationality: Swedish
Initial appointment: 2012

6 Eleni Gabre-Madhin
Non-executive Director. Member of the
Corporate Responsibility Committee
Born: 1964
Nationality: Swiss
Initial appointment: 2013
7 8
7 David Lawrence
Non-executive Director. Member of the
Audit Committee and Chairman of the
Science and Technology Advisory Board
Born: 1949
Nationality: British
Initial appointment: 2009

8 Eveline Saupper
Non-executive Director. Member of the
Compensation Committee
9 Born: 1958
Nationality: Swiss
Initial appointment: 2013

9 Jacques Vincent
Non-executive Director. Member of the
Compensation Committee
Born: 1946
Nationality: French
Initial appointment: 2005
Corporate information Syngenta Annual Review 2015 65

Executive Committee 1 John Ramsay

overview
Strategic
Chief Executive Officer ad interim
Chief Financial Officer
at December 31, 2015
Born: 1957
Nationality: British
Under the leadership of the Chief Executive Officer, the Executive Appointed: 2007
Committee is responsible for the active leadership and the operative
2 Caroline Luscombe
management of the Company.
Head Human Resources
Born: 1960
Nationality: British

Development
Research and
Appointed: 2012
1 2
3 Christoph Mder
Head Legal & Taxes and Company Secretary
Born: 1959
Nationality: Swiss
Appointed: 2000

4 Patricia Malarkey
Head Research & Development

in focus
Crops
Born: 1965
Nationality: British/American
Appointed: 2014
3 4
5 Jonathan Parr
Chief Operating Officer
Born: 1961
Nationality: British
Appointed: 2015

6 Mark Peacock

Growth Plan
The Good
Head Global Operations
Born: 1961
Nationality: British
Appointed: 2007
5 6
7 Davor Pisk
Chief Operating Officer
Born: 1958
Nationality: British

performance
Operational
Appointed: 2008

8 Jonathan Seabrook
Head Corporate Affairs
Born: 1969
Nationality: British
7 8 Appointed: 2013

data
Performance
information
Corporate

 ead the full biographies:


R
Corporate Governance Report
andCompensation Report on
pages 0608 and 1314
66 Syngenta Annual Review 2015

Shareholder information

Syngenta shares are listed on the Syngenta share price performance January 1, 2015 December 31, 2015
SIXSwissExchange and on the (Indexed to zero at closing price on December 31, 2014)
Dec 31, 2015
New York Stock Exchange, where % CHF392.30
theshares aretraded asADS 35
High: CHF430.80 *
(American Depositary Shares).1 30
Low: CHF281.60

Trading symbols 25

New York 20
SIX Swiss Stock
Exchange Exchange 15
Shares SYNN SYT 10

5
Shares in issue
0
At December 31, 2015 Number ofshares

Total shares in issue 92,945,649 -5

of which treasury shares 1,161,397 -10

-15
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Share price and market capitalization2 Syngenta Eurotop 300 SMI * Closing high/low during the year
At December 31, 2015

Share price (CHF) 392.30 Syngenta ADS price performance January 1, 2015 December 31, 2015
Share price ($) (ADS) 78.73 (Indexed to zero at closing price on December 31, 2014)
Dec 31, 2015
% $ 78.73
Market capitalization (CHF million) 36,007 50
High: $93.61 *
Market capitalization ($million) 36,283 45 Low: $61.92
40
35
Dividend history
30
CHF
25
2011 8.00 20

2012 9.50 15
10
2013 10.00
5
2014 11.00 0

20153 11.00 -5
-10
1 1 share = 5 ADS -15
2 For the purposes of calculating market capitalization Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
the number of shares stood at 91.8 million
Syngenta ADS S&P 500 Dow Jones * Closing high/low during the year
3 To be submitted to shareholders for approval
at the Annual General Meeting on April 26, 2016

Reporting dates
First quarter trading statement April 20, 2016
Annual General Meeting April 26, 2016
Half-year results July 22, 2016
Third quarter trading statement October 25, 2016

A full form 20-F is accessible at: www.investors.syngenta.com


Investors can subscribe to media releases by email or via RSS at: www.investors.syngenta.com
The full year results press release can be viewed up to six months after the event at:
www.fyr-2015.syngenta.com
Corporate information Syngenta Annual Review 2015 67

overview
Strategic
Syngenta share price performance January 1, 2011 December 31, 2015

Development
Research and
(Indexed to zero at closing price on December 31, 2010)
Dec 31, 2015
% CHF392.30
CHF275.00 CHF366.60 CHF355.20 CHF320.00
60

50

40

30

20

in focus
Crops
10

-10

-20

-30
Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec
2011 2012 2013 2014 2015
Syngenta Eurotop 300 SMI

Growth Plan
The Good
Syngenta ADS price performance January 1, 2011 December 31, 2015
(Indexed to zero at closing price on December 31, 2010)
Dec 31, 2015
% $58.94 $80.80 $79.94 $64.24 $78.73
75

60

45

performance
Operational
30

15

-15
Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec
2011 2012 2013 2014 2015
data
Performance
Syngenta ADS S&P 500 Dow Jones

Total shareholder return 1 January 1, 2006 December 31, 2015

Syngenta ADS

FTSE EU Chemicals

Syngenta share

S&P US Chemicals
information
Corporate

NASDAQ

S&P 500

Eurotop 300

SMI

0 50 100 150 200 250 300 350%


1 Share price appreciation plus reinvested dividends, calculated on a monthly basis, indexed to closing price on December 31, 2005
Switzerland For the business year 2015, Syngenta has Syngenta supports the
Investor Relations published three books: the Annual Review 2015 10principles ofthe United
T +41 61 323 5883 (including information about our non-financial NationsGlobal Compact
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Compensation Report 2015. Responsibility andongoing
Media Relations
implementation of
T +41 61 323 2323 Alldocuments were originally published
policiesonhuman rights,
F +41 61 323 9044 inEnglish. The Annual Review 2015 and
fairlabor,environmental
E [email protected] theCorporate Governance Report and
protectionand anti-corruption.
Compensation Report 2015 are also
Share Register availableinGerman.
T +41 41 798 4833
F +41 41 798 4849 These publications are also available
E [email protected] ontheInternet: www.syngenta.com
Shareholder Services 2016 Syngenta AG, Basel, Switzerland.
T +41 61 323 2121 All rights reserved.
F +41 61 323 5461
Editorial completion: February 2016
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Copywriting: KainesLang,
Corporate Responsibility
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E [email protected]
Design and production: Radley Yeldar,
Syngenta switchboard
London, UK
T +41 61 323 1111
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E [email protected]
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Contacts for ADS holders PLANT POTENTIAL TO LIFE areregistered
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Syngenta AG looking statements, which can be identified by
Corporate Affairs terminology such as expect, would, will,
Schwarzwaldallee 215 potential, plans, prospects, estimated,
P.O. Box aiming, on track and similar expressions.
CH-4002 Basel Such statements may be subject to risks and
Switzerland uncertainties that could cause the actual results
to differ materially from these statements.
www.syngenta.com
We refer you to Syngentas publicly available
filings with the US Securities and Exchange
Commission for information about these
andother risks and uncertainties. Syngenta
assumes no obligation to update forward-
looking statements to reflect actual results,
changed assumptions or other factors.
This document does not constitute, or form
partof, any offer or invitation to sell or issue,
or any solicitation of any offer, to purchase
orsubscribe for any ordinary shares in
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