In September 2011, the company was once again included in the two global climate indices published by the
Carbon Disclosure Project (CDP). Bayer is one of 29 companies included in the Carbon Performance Leadership Index in recognition of its endeavors to reduce CO
2. The company has also achieved the top international ranking in the Carbon Disclosure Leadership Index, which lists the 52 companies that display the greatest transparency in climate reporting. As last year, Bayer is ranked as the best company in its sector in this index. For both indices the 500 biggest publicly traded companies (FTSE Global 500 Index) are evaluated. Only 23 companies are included in both indices. The climate indices are used as a guide by investors wishing to invest in companies with a sustainable climate strategy.
Bayer is the only chemical and pharmaceutical company that has been included in the Carbon Disclosure Index continuously for seven consecutive years. The company achieved its best overall rating to date with a score of 99 out of 100 and shares first place with three companies from other sectors. Bayer is included for the second time in the Performance Index, which was established in 2010. Instead of absolute points, companies are assigned to performance bands and Bayer has been awarded the highest rating of A.
Both the CDLI and the CPLI were compiled following detailed research and analysis of climate-relevant corporate data by corporate auditors PricewaterhouseCoopers (PwC) on behalf of the Carbon Disclosure Project (CDP). As well as data on CO
2 emissions and reduction targets, action and strategies to protect the environment and deal with climate change are taken into account. This database is the largest of its kind in the world. The companies’ reports are published on the Internet.
The CDP is an initiative that now includes 551 institutional investors, with combined assets under management of US$71 trillion. These investors explicitly expect companies to make available comprehensive climate-relevant information so that they can base their investment decisions on what contributions the companies make to climate protection and how they are addressing the challenges posed by climate change. In this connection, the investors are interested not just in the strategic alignment of the business toward new needs, but also the management of the business risks that can be linked with climate change. The CDLI and CPLI offer these investors such orientation for their investment decisions.
The
CDP Global 500 Report 2011 and the Bayer’s response are published on the
CDP website.