The phrase "and seek to reduce" is correct and usable in written English.
It can be used when discussing efforts or intentions to lower or diminish something, such as costs, risks, or negative impacts.
Example: "The organization aims to improve efficiency and seek to reduce waste in its operations."
Alternatives: "and strive to lessen" or "and aim to minimize".
The bill would tighten auditing standards and seek to reduce conflicts of interest in the accounting industry and among Wall Street research analysts.
The worldwide renewable energy sector has been facing tougher times as politicians worry about bigger budget cutbacks and seek to reduce subsidies to wind and solar, despite a continuing desire to cut carbon emissions and tackle global warming.
Base the system on a social model and on the values of independent living, taking account of the barriers service users face and seek to reduce them with support – rather than making people prove dependence.
Now the threat is real; and for the foreseeable future we will have to live with and seek to reduce two closely interlinked dangers: the direct and potentially apocalyptic threat posed by terrorists, mainly (though by no means exclusively) based in the Muslim world, and the potential strengthening of those terrorists' resolve by misguided US actions.
Westminster is worried other developers, including Qatari Diar, the Qatar-owned developer that had agreed to build 123 affordable homes and make a £78m contribution as part of its deal to redevelop Chelsea barracks, could now reapply and seek to reduce its affordable housing obligation.
It would institute a three-year government-wide freeze on federal pay bonuses at every agency and seek to reduce the size of the federal work force by 300,000 positions, or 15 percent, which would almost certainly meet fierce resistance.
To remain competitive, Reynolds has cuts jobs and sought to reduce production costs.
The carrier filed for protection from creditors with Delta in September 2005 and seeks to reduce costs by $42 million a year.
Tramlines is very eco-friendly and seeks to reduce its carbon footprint as each year goes by.
In 1874, David Kalakaua became king and sought to reduce the power of the white Missionary Party (later Reform Party) in the government.
But all the moves to tighten tire regulation were stopped after Ronald Reagan became president and sought to reduce the regulatory burden on the then-beleaguered American auto industry.
