Strategy

Sustainability management

Our Group-wide values, leadership principles and policies are supplemented by the Bayer Sustainable Development Policy, which lays down our sustainability strategy. The Bayer Group and its subgroups and service companies have undertaken to pursue a sustainable and value-oriented business policy, in part through their commitment to the global Responsible Care initiative of the chemical industry and to the United Nations Global Compact. We also adopted a Group-wide “Bayer Human Rights Position” in May 2007 link.

Under the umbrella of the Group-wide sustainable development strategy, objectives are established each year and coordinated between all participants. The management systems and instruments in place throughout the Group must perfectly interlock to ensure that these objectives are met. After all, consistent steering is required if opportunities are to be taken advantage of and risks avoided.

Group-wide control of this task is handled by the Bayer Corporate Sustainability Board, the most important committee for sustainability management at Group level. The Bayer Corporate Sustainability Board is made up of the members of the management boards of the subgroups responsible for research and technology and the heads of the Corporate Center departments Corporate Human Resources & Organization, Communications and Environment & Sustainability. Chaired by the Group Management Board member responsible for Innovation, Technology and Environment, this body meets regularly to jointly establish the sustainability strategy and objectives, adopt Group sustainability-related directives and decide on key initiatives such as the signing of the international climate protection campaign “Global Roundtable on Climate Change” in February 2007 and our involvement in the “3C: Combat Climate Change” initiative in January 2007 link. A cornerstone in the implementation of these decisions is the Environment & Sustainability Department, which cooperates closely with the sustainable development officers in the subgroups and service companies within the context of the Bayer Community Management concept: An internal Bayer Group policy governs cooperation between the various responsible parties in the subgroups and service companies through specialist committees. This ensures the optimal use of synergies within the Bayer Group and the coherent implementation of decisions.

The subgroups and service companies have established effective management systems for health, safety, environmental protection and quality (HSEQ). Also in place are systems and rules for specific requirements of individual subgroups and service companies, such as Good Manufacturing Practice (GMP) for drug products at Bayer HealthCare. Our “Health, Safety, Environmental Protection and Quality (HSEQ) Audits” Directive took effect in October 2005, according to which the subgroups and service companies conduct hseq audits based on specific plans link. The holding company reserves the right to participate in selected audits and require that it be given access to audit reports.

A number of existing rules, such as the Directive on Transport Safety, were revised or replaced in the reporting period through the Community Management system. Rules governing health protection and workplace safety are particularly important, and have thus been adapted. In 2006, we also once again updated the rules concerning the storage of substances and products and process and plant safety.
Our path to becoming a sustainable company:
Sustainability management is integrated into all levels of the Bayer Group.
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