Foreword
Sustainable business practices
Today, Bayer is one of the world’s largest chemical and health care groups. That is reflected by our stock, which was one of the top-performers on Germany’s dax index in 2005. And Bayer stock should remain a good investment in the future, both on economic grounds and from a social and ecological viewpoint.
To safeguard the future success of our business, it is vital to link innovation, value and sustainability. Bayer’s long-term strategy therefore concentrates on maximizing the utilization of resources. That reduces environmental impact and cuts costs. It also creates value – for our stockholders and for society.
Innovation: Enabling lasting corporate success
Bayer is a research-based company, and spent more than EUR3.8 billion on research and development in 2004/2005. Bayer’s own innovation projects are backed up by access to an international network of universities, public-sector research centers and other institutes. Moreover, our subsidiary Bayer Innovation GmbH is dedicated to exploring new business ideas based on innovative technologies.
In spring 2006 we launched the “Triple-i” initiative. “Triple-i” stands for inspiration, ideas and innovation. All Bayer employees are invited to consider whether there are key requirements relating to their work, at home or elsewhere for which satisfactory solutions do not yet exist. The Bayer Group has earmarked EUR50 million for the development and commercialization of these innovative business ideas, in addition to its research and development budget.
Risk and reputation management established
Compliance with external standards plays a central role in risk and reputation management at Bayer. Alongside in-house quality and safety directives, Bayer therefore applies external directives, codes of conduct and self-control mechanisms in all areas of business.
Stock ownership structure: A broad base
Our last stock ownership survey in 2001 was based on responses representing 95.6 percent of the company’s capital stock. Individuals hold 24 percent of the capital stock recorded by the survey and 67 percent is held by institutional investors – comprising 55 percent banks and insurance companies and 12 percent investment funds. The remaining nine percent is divided between trade and industry (three) and others (six). A share of 5.04 percent of capital stock was recorded for The Capital Group Companies Inc., United States (on April 19, 2006), and of 5.03 percent for the Capital Research and Management Company, United States (on May 10, 2006).
To safeguard the future success of our business, it is vital to link innovation, value and sustainability. Bayer’s long-term strategy therefore concentrates on maximizing the utilization of resources. That reduces environmental impact and cuts costs. It also creates value – for our stockholders and for society.
Innovation: Enabling lasting corporate success
Bayer is a research-based company, and spent more than EUR3.8 billion on research and development in 2004/2005. Bayer’s own innovation projects are backed up by access to an international network of universities, public-sector research centers and other institutes. Moreover, our subsidiary Bayer Innovation GmbH is dedicated to exploring new business ideas based on innovative technologies.
In spring 2006 we launched the “Triple-i” initiative. “Triple-i” stands for inspiration, ideas and innovation. All Bayer employees are invited to consider whether there are key requirements relating to their work, at home or elsewhere for which satisfactory solutions do not yet exist. The Bayer Group has earmarked EUR50 million for the development and commercialization of these innovative business ideas, in addition to its research and development budget.
Risk and reputation management established
Compliance with external standards plays a central role in risk and reputation management at Bayer. Alongside in-house quality and safety directives, Bayer therefore applies external directives, codes of conduct and self-control mechanisms in all areas of business.
Stock ownership structure: A broad base
Our last stock ownership survey in 2001 was based on responses representing 95.6 percent of the company’s capital stock. Individuals hold 24 percent of the capital stock recorded by the survey and 67 percent is held by institutional investors – comprising 55 percent banks and insurance companies and 12 percent investment funds. The remaining nine percent is divided between trade and industry (three) and others (six). A share of 5.04 percent of capital stock was recorded for The Capital Group Companies Inc., United States (on April 19, 2006), and of 5.03 percent for the Capital Research and Management Company, United States (on May 10, 2006).
Bookmark this page
E-mail this page
Advanced Search
