Leverkusen, Germany: Renowned ratings organisation CDP (the ‘Carbon Disclosure Project’) has once again named Bayer among the leading international companies in the climate and water categories, awarding it the highest rating of double ‘A’.
Only one other company in Germany received the double ‘A’ rating for climate and water. From a survey of more than 5,800 companies, only 182 achieved an ‘A’ rating for their climate activities and only 72 achieved the highest ‘A’ rating in the water category.
Thanks to verifiable measures implemented to combat climate change and ensure the availability of clean water, Bayer is regarded as a global leader when it comes to ambition, action and transparency. The company has been included in the CDP rankings since 2005.
An Executive Member of the Asian Golf Industry Federation, Bayer also appeared in the ‘CDP Forest’ ranking for the first time in 2020, achieving a respectable ‘B’ status. Only 687 companies took part in that survey. It evaluates the ways in which companies manage forest-related risks and opportunities, report transparently on progress, and actively contribute to restoring forests and eco-systems.
“Over the past year, we have worked to develop sustainability as a cornerstone of our Group strategy. Our operations in the fields of health and nutrition allow us to make a significant contribution to helping people achieve a better quality of life, while respecting planetary boundaries. For us, the CDP rating is an important acknowledgment of the fact that we are one of the world’s leading companies in the field of sustainability,” said Werner Baumann, Chairman of the Board of Management of Bayer AG and Chief Sustainability Officer.
Paul Simpson, CEO of CDP, said: “We extend our congratulations to all the companies on the 2020 ‘A’ list. Taking the lead on environmental transparency and action is one of the most important steps businesses can make, and was even more impressive in this challenging year marked by Covid-19. Our ‘A’ list celebrates those companies who are preparing to excel in the economy of the future by taking action today.”