Water is our greatest asset and most precious commodity. We are proud to have received the highest CDP rating for water management.
The ratings organization CDP (formerly the “Carbon Disclosure Project”) has given Bayer the top rating of “A” in its latest list for water security. On behalf of institutional investors, CDP analyzed data from over 8,400 companies worldwide about their strategic management of water – a limited resource. Less than one percent (71 companies) worldwide and only two companies in Germany achieved an A rating.
Careful water management and protection of waterways are particularly important to Bayer, and it is developing solutions in this area at various levels. For instance, the company enables farmers to use water and crop protection products with greater precision by employing digital technologies. In addition, Bayer helps farmers use more efficient irrigation techniques. When it comes to product innovation, Bayer is also working on developing seed varieties that thrive on less water, or conversely that continue to grow despite flooding. For example, one type of rice seed is already on the market that delivers reliable yields even in the case of dry conditions, flooding and salination caused by variable, extreme weather conditions.
The complete A List of companies, along with other information, can be viewed here: https://www.cdp.net/en/companies/companies-scores