Our Commitments on Transparency, Sustainability and Engagement
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As a new leader in agriculture, Bayer has a heightened responsibility and the unique potential to advance farming for the benefit of society and the planet. We are committed to living up to this responsibility and using our full potential.
In the year following our acquisition of Monsanto, we have heard from journalists and politicians, scientists and regulators, consumers and shareholders, farmers and neighbors. We have been engaged in discussions about agriculture and nutrition, sustainability and biodiversity, and also about the new size and significance of our company.
We heard questions and concerns about us. These concerns matter to us and we want to address them. Farming is too important to limit its progress. To ensure future advancements, we need to change.
As the new market leader, we are setting off on a journey to elevate our efforts in transparency, sustainability and the way we engage with our stakeholders. We invite other industry partners to join us. And we are committed to providing regular updates on the progress of our measures in these areas.
Opening the door, raising the bar
Our work and products touch people’s lives in the very sensitive areas of health and food and lead to a natural desire by people to understand what we are doing. That is why we are aiming at further elevating our efforts in transparency.
- We will take the next step towards setting a new standard for transparency by piloting a program inviting scientists, journalists and NGOs to participate in the upcoming EU glyphosate re-registration process. Thus, we will open it to a transparent review of its robustness and the results it yields.
- We think it is important that the public has access to the safety studies regulators use to approve product registrations. Therefore, we pioneered transparency in the agriculture industry in 2017 by putting our safety studies online for all to see. These include all 107 Bayer-owned glyphosate safety studies.
Providing farmers with a broader offer of agricultural solutions is key to improve sustainability and productivity of their farms.
- Glyphosate will continue to play an important role in agriculture and in our portfolio. But nature is far from one-size-fits-all.
- We are working on giving farmers access to more tools. Therefore, we will invest approximately 5 billion Euros in additional methods to combat weeds over the next decade.
- We allocate our R&D investment to develop holistic solutions that match growers’ needs. The investment includes R&D functions of crop protection, seeds and traits, breeding, agronomic solutions and digital.
We are raising the bar for crop protection registration. Strong trust in the Bayer brand will only re-emerge with societal trust in the safety of our products.
- In the context of the upcoming EU glyphosate re-registration, we will take a new approach: We invite scientists, journalists and NGOs to participate in the process. We want to further open up our science-based approach that supports the regulatory decision-making so the public can better understand what we do and how we do it.
- Consistent safety standards to our products are key for us, also when it means exceeding local regulations. Our aim is to ensure that in developing countries we only commercialize products that meet the comprehensive safety and regulatory standards of a majority of reference authorities where registration is intended.
We want to set new standards in sustainability, deliver world class innovation faster and drive the digital transformation in agriculture, bringing enhanced value to our customers around the world.
- We will take our global responsibilities as a leader in innovation and significantly cut the ecological footprint of our agricultural portfolio. With our products, we aim is to reduce the environmental impact by 30 percent by 2030.
- We aim to achieve this by developing new technologies, scaling down crop protection volumes, and enabling more precise application. This will help to restore and retain biodiversity, combat climate change, and make the most efficient use of natural resources.
- To bolster company-wide sustainability efforts, inspire new thinking, and challenge our standards, we will invite global experts and stakeholders to participate in a Bayer Sustainability Council.
As a global leader in agriculture, Bayer has a desire, commitment and the responsibility to engage with society on the basis of clear principles.
Our primary objective in societal engagement is to seek common ground with others and commit to grounding our interactions with scientists, journalists, regulators and the political sphere in transparency, integrity and respect. Therefore, we will evolve our engagement policies that provide the basis for respective interactions.