Management and Governance
Development of Sustainability at Bayer
2018 - 2020
- 2020: Publication of a separate Sustainability Report providing insight into the sustainable development strategy and activities.
- 2020: Nonfinancial statement pursuant to the CSR Directive Implementation Act integrated into the combined management report of the 2019 Annual Report.
- 2019: Bayer establishes higher standards for transparency, sustainability and the way we engage with our stakeholders.
- 2019: Publication of the new sustainability strategy, which is valid from 2020 onwards:
- 2030 target to be carbon neutral in own operations
- Ambitious 2030 objectives for access to health and nutrition in low- and middle-income countries and underserved communities
- Measurable sustainability targets to be incorporated into management compensation
- 2019: Sustainability becomes even stronger part of corporate strategy
- 2018: Annual report
- First-time application of the new GRI Standards in the Annual Report
- Integration of data pertaining to the newly acquired agriculture business (Monsanto) since the closing on June 7, 2018
- 2018: Reviewing our key areas of activity as part of a comprehensive materiality analysis
- 2018: Early completion of the Group targets for 2020, including target attainment through year end 2018, as the figures had been established prior to the acquisition of the agriculture business (Monsanto). Preparation of new Group targets in 2019.
- 2018: Publication of the Supplier Sustainability Guidance for the operative implementation of our Code of Conduct
- CDP Ratings: Publication of the Climate Assessment A and Water Assessment A for the 2017 fiscal year
2015 - 2017
- Annual reporting:
- 2017: First-time inclusion of the provisions of the CSR Directive Implementation Act (CSR-RUG/adopted in the German Commercial Code, sections 289b ff. for the individual company and 315b ff. for the Group)
- 2016: First-time application of the new G4 guidelines of the Global Reporting Initiative (GRI)
- 2017: Transparency initiative: access to safety-relevant information about our crop protection products. Summaries of study results and evaluations, as well as the first complete reports on safety studies not intended for commercial use, are available upon request at https://cropscience-transparency.bayer.com.
- 2016: Review of Bayer’s key areas of activity from the last materiality analysis (2014) and assessment of their relevance with regard to the reorganization of the Group (divestment of Covestro).
- 2016: Establishment of a new corporate function: Health, Safety and Sustainability
- CDP Ratings:
- Climate Assessment A and Water Assessment A for fiscal 2016
- Climate Assessment A and Water Assessment A for fiscal 2015
- 2016: Premiere of the new international Aspirin Social Innovation Award
- 2015: New Group targets in the areas of Innovation, Sustainability and Employees – excluding Covestro due to its legal separation as a listed company.
- New or updated corporate policies:
- Bayer Human Rights Policy
- Corporate Compliance Policy
- Fairness and Respect at Work
- Safety at the Bayer Group
- Health, Safety, Environment and Quality (HSEQ) Audits
- Health, Safety and Environment (HSE) Performance Reporting
- Update of Materiality Analysis
- Start of „Behavioral Safety“ initiative
- Group-wide project „Integrated Compliance Management“ (ICM)
- Annual Report and Sustainable Development Report are combined: Bayer publishes first integrated report in 2014
- An ambitious new program of non-financial targets is presented.
- Procedures, competences and responsibilities for the process and plant safety initiative are set out in a Group directive.
- Bayer implements the Group-wide Transportation Safety Platform.
- Bayer publishes its position on the protection of biodiversity.
- The Bayer Academy is launched with the specific purpose of giving managers further training.
- Bayer HealthCare continues training on the Compliance Manual.
- The Group Responsible Marketing & Sales Policy and specific compliance manuals for the HealthCare business are adopted.
- A new target for the reduction of industrial injuries is established.
- The Anti-Corruption Procedure is updated and tightened.
- Bayer implements the CSO (Chief Sustainable Officer) function on the Board of Management.
- A third party due diligence project for the compliance testing of business partners is launched.
- Bayer expands its supplier management, co-founding the “Together for Sustainability” initiative and becoming a member of the Pharmaceutical Supply Chain Initiative (PSCI).
- Bayer publishes its Group Water Position.
- Roll-out and implementation of the process and plant safety initiative begin.
- The Sustainability Program launched in 2009 is expanded.
- Roll-out and implementation of the sustainability targets for 2015, including new and ambitious climate goals, begin.
- Stakeholder Check pilot projects are initiated.
- Bayer establishes a Group Compliance Office.
- Bayer joins the UNGC-LEAD initiative.
- The Program of Objectives for 2006-2010 is completed.
- A Group Directive on the Management of Compliance Incidents is adopted.
- Bayer adopts a procedure for recording and reporting greenhouse gas emissions.
- Bayer launches pilot projects for the Resource Efficiency Check.
- The STRUCTese™ energy efficiency management system is introduced.
- The Sustainability Check is rolled out.
- As part of the sustainability strategy, the Sustainability Program with its core issues of health care, nutrition and climate is adopted.
- Bayer launches the global implementation of its Supplier Code of Conduct.
- Bayer adopts directives on process and plant safety, occupational safety and health protection in the workplace and publishes its Code of Conduct for Responsible Lobbying.
- 2008: Bayer implements REACH.
- 2008: The strategy for sustainability in procurement is expanded.
- 2007: The Climate Program is launched.
- 2007: Bayer adopts positions on the themes of human rights, biomonitoring, the responsible use of gene technology and nanotechnology.
- 2006: The Bayer Sustainable Development Policy is adopted.
- 2005: Systematic initiatives to reduce child labor in India are launched.
- 2004: Sustainability committees are organizationally established in the Group.
- 2003: Bayer becomes an organizational stakeholder in the Global Reporting Initiative (GRI).
- 2003: Bayer defines key performance indicators for health, safety and the environment (HSE)
- 2000: Bayer is a founding member of the UN Global Compact.