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Leverkusen, September 18, 2018 – On 19 August Typhoon Rumbia hit China. Farmers in the Chinese provinces of Shandong and Jiangsu have been badly hit by following severe flooding. Over 9.5 million people´s lives were affected. Bayer China is providing them with EUR 124,000 in emergency aid from its disaster relief program. The donations will be used to support reconstruction of agricultural facilities in the two provinces, which are among the most important farming regions in China. The money will be handed over to the China Foundation for Poverty Alleviation, from where it will immediately passed on to the farmers most badly affected by the extreme weather. This Foundation has long been Bayer’s strategic partner in disaster relief.
Additional 1 ton of Crop Science products were also donated, in order to rapidly restore agriculture production. At the same time, 500 hours of pro-bono and volunteer service is committed to support local community rebuilt in 2 years.
Disaster relief is one aspect of Bayer’s corporate societal engagement. In order to help people facing acute hardship as a result of natural disasters, Bayer China pursues a twin strategy: on one hand, provision of short-term emergency aid – whether it be donations of money or in kind of products; on the other hand, the company also facilitate and support employee participation as volunteers in rebuild phase.
Only a few days earlier, Bayer had provided emergency aid to the victims of the severe flooding in the Indian state of Kerala. The Concern India Foundation was given EUR 100,000 to provide speedy medical assistance to those in need.
In 2017, Bayer supported 12 emergency aid projects with donations of money and medicines as well as donations in kind totaling over EUR 1.3 million.
Apart from supporting disaster relief, Bayer globally contributes EUR 49 million every year – with the focus on promoting frontier science and social innovations connected to the UN’s Global Development Goals of Zero Hunger and Health and Well-Being.
Bayer is a global enterprise with core competencies in the life science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2017, the Group employed around 99,800 people and had sales of 35.0 billion euros. Capital expenditures amounted to 2.4 billion euros, R&D expenses to 4.5 billion euros. For more information, go to www.bayer.com.
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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