Bayer AG
Climate Impact & Sustainability Data (2019, 2020)
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:12-15m tons/year (CO2e)
Scope 3 Emissions:~4m tons/year (CO2e)
ESG Focus Areas
- Climate Change
- Biodiversity
- Water Scarcity
- Smallholder Farmer Support
- Women's Health
- Access to Healthcare
- Gender Equality
Environmental Achievements
- Commitment to carbon neutrality in own operations and substantial reduction across value chain (-30% greenhouse gas footprint of in-field crop production)
Social Achievements
- Commitment to support 100 million smallholder farmers in low- and middle-income countries
- Commitment to provide access to modern contraception for 100 million women in low- and middle-income countries
- Commitment to expand access to everyday health for 100 million people in underserved communities
Governance Achievements
- Establishment of an independent Sustainability Council advising the Board of Management
- CEO to become Chief Sustainability Officer
- Inclusion of sustainability objectives in variable compensation for managerial employees
Climate Goals & Targets
Long-term Goals:
- Carbon neutrality in own operations by 2030
- Support 100m smallholder farmers
- Provide access to modern contraception for 100m women
- Expand access to everyday health for 100m people
Environmental Challenges
- Climate change
- Water scarcity
- Loss of biodiversity
- High levels of gender inequality
- Lack of access to essential health services
- Malnutrition and poverty among smallholder farmers
Mitigation Strategies
- Science-based targets for emission reductions
- Holistic solutions for smallholder farmers (access to inputs, good agricultural practices, finance, insurance)
- Increased access to affordable modern contraceptives
- Increased availability and affordability of OTC brands in underserved communities
- Self-care education initiatives
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Science-Based Targets initiative
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:3.58 million tCO2e
Scope 1 Emissions:2.01 million tCO2e
Scope 2 Emissions:1.57 million tCO2e
Scope 3 Emissions:8.86 million tCO2e
Renewable Energy Share:6.1%
Total Energy Consumption:35,858 MWh
Water Consumption:57 million m3
Waste Generated:937,000 tons
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate and environmental protection
- Access to health care
- Sustainable food supply
- Product stewardship
- Business ethics
- Innovation
- Human rights
Environmental Achievements
- Reduced Scope 1 and 2 greenhouse gas emissions by 0.18 million metric tons of CO2 equivalents (4.8% reduction)
- Reduced emissions by 0.99 million metric tons of CO2 equivalents (11.2% reduction) in categories relevant to Scope 3 Science Based Target
- Offset 0.2 million metric tons of greenhouse gas emissions through climate protection certificates
- Achieved goal of ensuring that 100% of sites in water-scarce areas have a water management system
- Reduced total water use to 57 million cubic meters (2019: 59 million cubic meters)
- Reduced total quantity of industrial and mixed wastewater to 25 million cubic meters (2019: 26 million cubic meters)
- Reduced hazardous waste to 305,000 metric tons (2019: 316,000 metric tons)
Social Achievements
- Supported 45 million smallholder farmers in low- and middle-income countries
- Provided access to modern contraception for 40 million women in low- and middle-income countries
- Supported the self-care needs of 43 million people in underserved communities
- Increased the number of training contacts worldwide
- Reduced Recordable Incident Rate (RIR) from 0.46 to 0.32 cases per 200,000 hours worked
Governance Achievements
- Established a sustainability council made up of highly qualified experts
- Integrated sustainability goals into the compensation system of the Board of Management and other eligible employees
- Issued an unqualified declaration of compliance with the German Corporate Governance Code
Climate Goals & Targets
Long-term Goals:
- Reach net zero emissions in entire value chain by 2050
Medium-term Goals:
- Reduce Scope 1 & 2 greenhouse gas emissions by 42% by the end of 2029
- Reduce Scope 3 greenhouse gas emissions by 12.3% by 2029
- Achieve climate neutrality in own operations by 2030
- Empower 100 million smallholder farmers in low- and middle-income countries by 2030
- Provide access to modern contraception for 100 million women in low- and middle-income countries by 2030
- Support the self-care needs of 100 million people in underserved communities by 2030
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 pandemic impacting business activities (reduced demand, postponed treatments, supply chain disruptions)
- Challenging market environment and negative currency effects reducing growth expectations in agriculture
- Glyphosate, PCB, dicamba, and Essure™ litigations
- Increased competition in seed and crop protection industry
- Regulatory changes impacting product sales and use
- Risks associated with innovation (new therapy platforms, business model development)
- Difficulties in recruiting and retaining specialized employees
- Risks related to IT systems (cyberattacks, data breaches)
- Liquidity and credit risks
- Fluctuations in currency exchange rates, interest rates, and commodity prices
- Risks associated with pension obligations
- Tax risks
- Risks related to external partner compliance
- Health, safety, and environmental risks
- Intellectual property risks
- Legal risks
Mitigation Strategies
- Implementing protective measures and ensuring product supply during the pandemic
- Stringent cost management
- Reaching settlement agreements for litigations
- Realigning business models, engaging in partnerships, and utilizing R&D capabilities
- Monitoring regulatory changes and adapting product portfolio
- Aligning organization and processes to challenges (establishing new units, partnerships)
- Designing appropriate employee recruitment and development measures
- Evaluating and utilizing new technologies, implementing security measures
- Maintaining sufficient liquidity, using derivative financial instruments
- Balanced strategic investment, monitoring investment risks
- Continuously identifying and evaluating tax framework
- Implementing a four-stage management process for supply chain sustainability
- Implementing principles, standards, and control mechanisms for health, safety, and environmental protection
- Regularly reviewing patent situation and monitoring for potential infringements
Supply Chain Management
Supplier Audits: 26 on-site audits, 5 virtual audits
Responsible Procurement
- Supplier Code of Conduct (based on Bayer Human Rights Policy and UN Global Compact principles)
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters (flooding, earthquakes) affecting production facilities
Transition Risks
- Regulatory changes impacting product sales and use
- Increased pressure from the COVID-19 pandemic and regulatory and competitive factors
Opportunities
- Developing climate-smart agricultural practices
- Developing sustainable solutions to support a healthier planet
Reporting Standards
Frameworks Used: GRI Standards
Certifications: Null
Third-party Assurance: Deloitte GmbH Wirtschaftsprüfungsgesellschaft
UN Sustainable Development Goals
- Not disclosed
Company's initiatives contribute to the UN Sustainable Development Goals.
Sustainable Products & Innovation
- Vitala™ (short-stature corn variety)
- Iblon™ technology (fungicide)
- Buteo™ start (insecticidal seed treatment)
- Bollgard™ 3 ThryvOn™ cotton
- Intacta 2 Xtend™ soybeans
- XtendFlex™ soybean technology
Awards & Recognition
- Not disclosed