Sustainability in Supplier Management aims to ensure that the way we conduct business with our suppliers is in line with environmental , social and ethical standards. Bayer regards adherence these sustainability standards within the supply chain as a crucial factor in the value chain.
By acting responsibly in collaboration with our suppliers, we aim to minimize risks and create stable, long-term business relationships with our partners. It is also an important strategic lever for Bayer in safeguarding both its global competitiveness and the supply of materials and services. For this reason, the company applies not just economic standards, but also environmental, social and corporate governance standards in choosing new suppliers or continuing its relationships with existing ones. These standards are defined in Bayer’s Supplier Code of Conduct, which generally forms the basis for our collaboration with suppliers.
To improve sustainability practices within the supply chain we follow a 4-step process: