Bayer AG - Annual Report 2006 - “Combating Climate Change” initiative signed

22 of 22

Special Interest

Investor Relations

Press

Jobs and Career

Culture

General Conditions of Use Privacy Statement Imprint Technical Details

Highlights

“Combating Climate Change” initiative signed

Brussels – Bayer and 16 other international companies are original signatories of the global climate protection initiative “3C: Combating Climate Change,” presented in Brussels in January 2007. With their specialist knowledge and experience, the participating companies want to help develop a successful global climate protection policy for the period following the expiration of the Kyoto Protocol in 2012. Actively addressing the need to protect the earth’s climate forms a major part of Bayer’s sustainability strategy, which is why the company co-founded the 3C initiative. Bayer hopes that as many companies as possible will sign up. To tackle the problem of climate change, the 3C initiative aims to support the political community in establishing a global framework for emissions reduction that would ensure all companies throughout the world can compete on fair terms. A long-term goal of the initiative is to fully exploit the potential for technological innovation between now and the year 2100. Underscoring its lasting commitment to climate protection, Bayer has exceeded the targets set by the Kyoto Protocol for reductions in direct greenhouse gas emissions, partly through process innovations. An example of the latter is a method already introduced in Germany and China by which the chlorine needed for plastics production can be manufactured using 30 percent less energy than before.