Bayer [35

Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. The products and services are designed to benefit people and improve their quality of life. At the same time Bayer wants to create value through innovation, growth and high earning power.

In 2007 Bayer launched the 'Bayer Climate Program' in order to meet its responsibilities in matters of climate change. Ambitious production targets and major investment in the development of climate-friendly products and processes are the hallmarks of the Bayer Climate Program -an action plan that pools the company's technological expertise. 1 billion € is available for this project over the period to 2010 alone. Bayer has been actively involved in climate protection for many years. Between 1990 and 2007, the Group reduced its carbon dioxide emissions by over 37%. Bayer Material- Science, the most energy-intensive of the subgroups, is set to lower its specific GHG emissions per metric ton of sold product by a quarter by 2020. Over the same period, Bayer CropScience and Bayer HealthCare will reduce their greenhouse gases by 15% and 5% respectively in absolute terms. The well-established 'Ecological Evaluation of New Investments' procedure (for capital expenditure >10 million €) will be supplemented with climate evaluation criteria. Bayer products are already helping to save energy and conserve resources in many different ways. Examples include products for insulating buildings and refrigerators and for constructing lightweight automotive components.

The Bayer Climate Program has already initiated several lighthouse projects, which provide groundbreaking examples of initiatives aimed at tackling the consequences of climate change and supporting climate protection: Bayer EcoCom-mercial Building, stress-tolerant plants, biofuels and the Bayer Climate Check for production processes and investment projects. The Bayer Climate Check will be explained more in detail in Chapter 4 of this book.

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