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Bayer fosters diversity in its supplier base
Bayer believes that our personnel and supply base should reflect the diversity of a marketplace that knows no boundaries. Our Supplier Inclusion & Diversity Program showcases our commitment to the economic growth and advancement of underrepresented communities while allowing us to tap into small and diverse businesses that have the potential to strengthen our supply chain, be more responsive, innovative, and in tune with the changing tastes and preferences of our consumers.
The Bayer Supplier Inclusion & Diversity program provides equitable access to procurement opportunities globally. Bayer proactively considers qualified businesses owned by persons who have historically not been granted full participation in business activities. Diverse businesses are those that are majority owned and controlled by women, people with disabilities, LGBT+ people, minorities or members of other disadvantaged communities.
Inclusion & Diversity plays an important role in Bayer’s success and in driving innovative supply chain solutions. Sustaining and growing Bayer’s business requires diverse perspectives and the flexibility to collaborate with a variety of people and companies. Increasing our diverse supplier base and sharing our commitment to inclusion, diversity, equity, and access with all suppliers ensures Bayer is improving the social and economic outcomes for underrepresented communities.
Conducting business with diverse suppliers enhances Bayer’s competitive advantage which enables Bayer to provide innovative and cost-effective products to customers. These efforts contribute to sustainable and inclusive economic growth and enable diverse suppliers to grow to meet Bayer’s sourcing needs.
The advocacy organizations we partner with allow Bayer to identify diverse suppliers and participate in education, mentoring, and networking opportunities to develop diverse suppliers. These organizations also certify companies as diverse owned.
Awards and recognition
- In the Human Rights Campaign Corporate Equality Index Bayer received a perfect score of 100% for the 6th consecutive year (2017-2022)
- Bayer received the gold status in the German Pride Index and took the fifth place in this award
- Bayer was named as a 2021 U.S. National Business Inclusion Consortium Best-of-the-Best Corporation for Inclusion
- U.S. Reputation & Impact