To further foster our sustainability efforts within the company, we have joined the UN Global Compact Network Switzerland & Liechtenstein.
The UN Global Compact Network Switzerland & Liechtenstein is the official platform of the New York-based United Nations Global Compact in Switzerland and Liechtenstein – the world's largest initiative for sustainability in business.
Responsible business does not only motivate all stakeholders; it also enables long-term profitability and contributes to prosperity and the global common good. The Ten Principles and the UN Sustainable Development Goals (SDGs) serve as guidelines and opportunities for innovative companies such as Bayer.
As part of our commitment to sustainable and responsible business practices, we have embedded the Ten Principles of the UN Global Compact (see below) into strategies and operations, and committed to respecting human and labour rights, safeguarding the environment, and working against corruption in all its forms.
Global Goals are Local Business
Through this membership we get access to like-minded, innovative, and successful stakeholders both locally and globally. The organization supports with their expertise in further developing our sustainability strategies.
We are thrilled to be part of this network and are looking forward to future projects and events – together, we further develop corporate responsibility!
Bayer Switzerland is now part of UN Global Compact Network
Corporate sustainability starts with a company’s value system. Responsible businesses enact the same values and principles wherever they have a presence, and know that good practices in one area do not offset harm in another. By incorporating the Ten Principles into strategies, policies and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.
How companies operate
- Businesses should support and respect the protection of internationally proclaimed human rights; and
- make sure that they are not complicit in human rights abuses.
- Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
- the elimination of all forms of forced and compulsory labour;
- the effective abolition of child labour; and
- the elimination of discrimination in respect of employment and occupation.
- Businesses should support a precautionary approach to environmental challenges;
- undertake initiatives to promote greater environmental responsibility; and
- encourage the development and diffusion of environmentally friendly technologies.
- Businesses should work against corruption in all its forms, including
- extortion and bribery.
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2021, the Group employed around 100,000 people and had sales of 44.1 billion euros. R&D expenses before special items amounted to 5.3 billion euros.
www.bayer.com
The UN Global Compact Network Switzerland & Liechtenstein is a legally independent business association and only official platform of the New York-based United Nations Global Compact in Switzerland and Liechtenstein.
They seek to promote responsible business practices by stimulating multi-stakeholder dialogue, providing knowledge, tools and mutual learning for businesses in Switzerland and Liechtenstein to engage in corporate responsibility and sustainability. They support companies to align their corporate strategies and operations with the Ten Principles of the UN Global Compact in the areas of human rights, labour, environment and anti-corruption and to take actions to support the Sustainable Development Goals (SDGs). Furthermore they serve as an intermediary between our members in Switzerland and Liechtenstein and the UN Global Compact Office in New York.
www.globalcompact.ch