Bayer AG - Annual Report 2006 - Bayer and UNEP reinforce partnership

Highlights

Bayer and UNEP reinforce partnership

Leverkusen – In March 2006, Bayer and the United Nations Environment Programme (UNEP) endorsed their collaboration in global youth environmental activities. Bayer Management Board Chairman Werner Wenning and UNEP Executive Director Prof. Klaus Töpfer said they were pleased with the outcome of their first two years of partnership in the area of youth and the environment. “Together with UNEP we have initiated a large number of projects all over the world. In this way we are making a lasting contribution to youth environmental education,” said Wenning. Since the partnership began in 2004, Bayer has helped the United Nations Environment Programme to develop youth networks in Asia, Latin America and Africa, and to establish a global environmental summit meeting. Bayer not only provides funding of €1 million annually for the joint activities, but also implements the individual projects in cooperation with UNEP.

As part of the global sponsorship program for scientific and social projects, Bayer has initiated and funded an Endowed Chair for Intellectual Property Rights at the elite Tongji University in Shanghai, China. The company has also announced that it will fund a Chair for Sustainable Development there.