Sustainability & Commitment
Sustainable Development
In the debate about progress in society as a whole, the concept of sustainability plays a central role. The basis of sustainable development is to keep a balance between economic, ecological and social considerations. For Bayer, this entails in specific terms a commitment to safeguard the long-term commercial success of the company through innovative products, conserve resources, treat the environment responsibly and make a global contribution to maintaining a humane society. For this reason, we have developed special management structures and strategies, set ourselves objectives against which we allow ourselves to be judged and endeavor to report transparently. In our annual Sustainable Development Report we inform, for example, on how we put into practice our commitment to the ten principles of the Global Compact. In so doing, we align ourselves to the guidelines of the Global Reporting Initiative (GRI) and the OECD.
In addition, we pursue dialogue with our stakeholders, i.e. Bayer engages in a continuous and intensive exchange of views with the interest groups of the company: stockholders, business partners, staff, the media, non-governmental organizations, suppliers and authorities.
In addition, we pursue dialogue with our stakeholders, i.e. Bayer engages in a continuous and intensive exchange of views with the interest groups of the company: stockholders, business partners, staff, the media, non-governmental organizations, suppliers and authorities.
Strategy: Living innovation, sustainability and values throughout the Group
Since 2004, our Mission Statement “Bayer: Science For A Better Life” has described our perspectives for the future, our strategy and our values. The values and leadership principles formulated in this Mission Statement serve as a basis for the day-to-day activities of our employees. » more
Economy: Innovations create value
Our commercial success depends to a large extent on our innovative capability and the long-term focus of our corporate policy. In 2006, we rigorously pursued the optimization and strategic development of our portfolio. » more
Ecology: Today’s solutions for tomorrow’s problems
Bayer develops, utilizes and sells products and processes that enable us and our customers to use energy and material resources sparingly. A responsible approach to potential risks is particularly important for us. » more
Employees and Society: Respecting, challenging and supporting people
Bayer is a socially responsible company that respects and applies all international labor standards and offers its workforce a wide range of attractive additional benefits. Our CSR activities are also recognized worldwide. » more
Performance Indicators: Management of objectives and performance indicators
With our Sustainability Program and this data section, we detail the Group’s most important objectives and performance indicators in the 2006 reporting period. These indicators comprise data for environmental, social, and economic performance. » more


Overview
Overview
Sustainability

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Sustainable Development Report 2006




