- Carbon neutrality of own business operations by 2030
- Aim to improve health and nutritional access for low- and middle-income countries and communities with limited medical care by 2030
- Integrating measurable sustainable development goals into management compensation systems
Leverkusen, December 10, 2019 - Today, Bayer announced a series of comprehensive measures for sustainable development and new commitments to be implemented starting in 2020. In accordance with the United Nations Sustainable Development Goals and the Paris Agreement, Bayer has set ambitious goals to be achieved by 2030. "The company uses sustainable development as part of its strategy and operations to achieve long-term returns and positively impact society and the environment," said Werner Baumann, chairman of Bayer AG's management committee.
How to use the earth's resources in a more sustainable way to meet the needs of a growing world population and properly address the issue of aging is an unprecedented challenge facing the world. Bowman said: "Bayer's business is huge, and we have the responsibility and ability to take corresponding actions. This is why the company is focusing on strengthening its sustainable development measures." Bayer equates its sustainable development goals with its financial goals and applies the same strict monitoring And reporting methods. The achievement of the sustainable development goals will be taken into consideration in the decision-making process and management compensation.
In addition, Bayer will set up an independent sustainability committee composed of external sustainability experts. The committee will serve as an advisor to the company's board of directors, further monitoring and urging Bayer's efforts in sustainable development.
The goal of Bayer's increased sustainability initiatives is to benefit more people and use natural resources efficiently. Based on this, Bayer has set the following detailed goals.
Achieve the health of hundreds of millions of people and ensure human nutrition
By 2030, Bayer is committed to supporting 100 million small farmers in low- and middle-income countries by providing more innovative technologies, knowledge and partnerships. Bayer's support will help increase local food supplies and reduce poverty in rural communities. There are currently approximately 550 million small farms worldwide. In developing countries, they produce food for 80% of the population. However, due to subsistence agriculture, small farmers are inevitably suffering from hunger or malnutrition.
At the same time, Bayer hopes to meet the family planning needs of 100 million women in low- and middle-income countries by funding multi-stakeholder assistance programs and ensuring the provision of affordable, modern contraceptives. As of 2019, Bayer has provided contraceptives to approximately 40 million women in low- and middle-income countries. Family planning methods are essential to support women's health, rights and economic status. Currently, more than 200 million women in low- and middle-income countries are not meeting their needs for modern contraceptives.
At present, Bayer is working to adjust its pricing policy to suit local purchasing power and strengthen patient visit plans to increase the supply of Bayer products and ensure affordable prices. Bayer will also continue to support the World Health Organization (WTO) in combating neglected tropical diseases through product donations and financial assistance.
In addition, Bayer is committed to improving access to medicine for the 100 million people living in communities with limited medical care worldwide. Today, at least half of the world's population does not have access to basic health services, including self-care. Expanding access to self-care solutions and improving health education can help prevent disease and provide additional health services to communities that rely on self-care. Bayer's initial focus was on women's health and expanding access to micronutrients for pregnant women and children. Bayer wants to increase the supply of trusted brands and ensure affordable prices to support the development of self-care plans.
Take major steps to protect the climate and the environment
Bayer has been engaged in climate protection for decades, and the company will further accelerate measures to address climate change and protect biodiversity.
Bayer's goal is to achieve carbon neutrality in its own operations by 2030. To achieve this, Bayer will implement energy efficiency measures that use 100% renewable electricity and enhance carbon capture through biodiversity to offset the remaining emissions. Bayer is committed to, and taking action on, scientific goals. In this joint initiative of the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), more than 700 companies have promised to take major actions to set emission reduction targets Control global temperature rise to within 2 ° C.
In this regard, Bayer is striving to integrate the company's logistics and packaging links through negotiations with suppliers and customers to achieve absolute emission reductions across the entire value chain.
Bayer will also work with growers to ensure that the environmental footprint of agriculture is reduced at the company's sites. Bayer's goal is to reduce the environmental impact of greenhouse gas emissions (mainly emissions per kilogram of crops in the agricultural market) and crop protection on the environment by 2030, respectively. To this end, Bayer will help growers adopt more sustainable methods, such as reducing farming to help soil carbon sequestration, and ensure more accurate use of crop protection products and fertilizers through product innovation and digital tools.
Contribute to the United Nations Sustainable Development Goals <br /> Bayer's commitment to sustainable development is committed to achieving the United Nations Sustainable Development Goals (SDG). The United Nations has proposed 17 sustainable development goals aimed at building a better environment for mankind and the planet by 2030. The United Nations believes that there is an urgent need to complete the related work more quickly. Werner Baumann said: "With only ten years remaining, companies must fulfill their responsibilities and take corresponding actions to honour their commitments. Bayer is positioned, like several other companies, to achieve the sustainable development goals. That is exactly what we promise. "
In addition to fighting hunger (SDG 2) and promoting health and well-being (SDG 3), Bayer is committed to making significant contributions to climate action (SDG 13) and the protection of terrestrial life (SDG 15). Women play a key role in smallholder farming, family planning and ensuring family health. Helping them reach their potential will be a contribution to gender equality (SDG5) and will also ensure significant socio-economic benefits for local communities.
This press release includes forward-looking statements made by Bayer Group management based on current assumptions and forecasts. Various known and unknown risks, uncertainties and other factors may cause the company's actual future operating results, financial condition, development or performance to differ materially from the estimates made in the forward-looking statements. These factors include Bayer reports published on the official Bayer website at http://www.bayer.com/. The company assumes no responsibility to update these forward-looking statements or to make them consistent with future events or developments.