We have set ourselves the target to achieve net zero GHG emissions including our entire value chain1 by 2050 or sooner and signed the Business Ambition for 1.5°C.

Our Mid-term Climate Targets until 2030: We will reduce our Scope 1 & 22 emissions by 42% until end of 2029 compared to our 2019 baseline. This target has been approved by the Science Based Target initiative as aligned with a 1.5°C pathway. To accomplish this, we will combine measures, such as more efficient inward and outward ventilation systems, a move to climate-neutral technologies, such as geothermal energy for heating and cooling and a switch to 100% purchased electricity from renewable sources. Bayer has set out specific criteria for its own procurement of green energy. These criteria include the proximity of energy production facilities to Bayer sites, the use of new sources of generation and a focus on wind and solar power. They are based on the “next generation green power” guidelines from the WWF (World Wide Fund For Nature). Bayer is on a path to become climate neutral by 2030 in its own operations. The remaining emissions after reduction will be offset by purchasing certificates from climate protection projects with recognized quality standards. The offset projects are related to our business. Based on our business purpose we focus on Natural Climate Solutions relating to forest and agriculture. Additionally, we invest in innovative projects and foster development of voluntary carbon markets.

Bayer AG