To Bayer, sustainability basically means future viability and it forms an integral part of our business strategy. We are convinced that we can only achieve lasting commercial success if we balance economic growth with ecological and social responsibility.
Responsible business practices are the foundation of the Bayer Group‘s sustainable alignment. We can identify and mitigate risks at an early stage by implementing this alignment in the areas of compliance (e.g. anti-corruption and responsible marketing), human resources policy, product stewardship, health, environmental protection and safety, and supplier management. This is one of the key requirements for society’s acceptance of our business. On this basis, we aim to contribute to overcoming global challenges with our innovations, and in so doing develop additional business opportunities.
In addition, Bayer also identifies opportunities and risks by analyzing the important expectations of stakeholders. We match the existing assessment, so that it can be implemented into the relevant field in Bayer. We also document the results or findings into the materiality matrix form.
For further and deeper understanding on our sustainability, please read here