As part of Bayer’s corporate strategy, sustainability is firmly established at Board level. Responsibility for steering and aligning our Group-wide sustainability strategy lies with the Group Management Board member responsible for Human Resources, Technology and Sustainability in his function as Chief Sustainability Officer, and with the Sustainable Development (SD) Committee chaired by the Group Head of Environment & Sustainability.
The SD Committee, which manages the integration of sustainability into business operations, comprises the top-ranking sustainability officers in the subgroups, together with the heads of Corporate Development, Communications and Human Resources & Organization.
The Committee’s tasks also include identifying and evaluating sustainability-related opportunities and risks for the company. In addition, it sets targets, draws up initiatives, management systems and Group regulations, and checks they are being complied with.
In order to operationalize the Group strategy and make it measurable, we have set ambitious non-financial targets and indicators all along the value-added chain. Further information about our target program can be found in Chapter Targets. Internal Group regulations ensure the implementation of our sustainability principles in business operations. These principles are realized through corresponding management systems, regulations and processes at the subgroup level.
The SD Committee maintains close contacts with other Bayer bodies such as the committees for Health, Safety, Environmental Protection, Quality (HSEQ); Innovation; Industrial Operations; Technology; and Public and Governmental Affairs. Key strategic issues for the company are discussed and strategies are developed for the future.