The Bayer foundation supports the voluntary efforts of employees on behalf of society worldwide
New round of funding: EUR 280,000 for 78 social projects in 42 countries / Funding of EUR 1.6 million has facilitated 433 projects worldwide since 2007
Following its launch during the anniversary year the Bayer volunteering program has been successfully extended. The selection panel of the Bayer Cares Foundation awarded funding of up to EUR 5,000 each for 78 more projects in 42 countries by the end of 2014, in which employees of the Bayer Group strive to improve the living conditions in the vicinity of the company’s sites on a voluntary basis.
As part of the new round of funding for the volunteering program, which was opened up to employees all over the world in 2013 to mark the Group’s 150th anniversary, the Bayer Cares Foundation is offering total funding of almost EUR 280,000. This facilitates the realization of innovative ideas aimed at improving health care, bettering education prospects and relieving social need. Since 2007, the foundation has already helped launch 433 projects in 59 countries with start-up funding totaling around EUR 1.6 million.
“The voluntary commitment of our employees worldwide is impressive,” says Michael König, the Bayer AG Management Board member responsible for Human Resources, Technology and Sustainability and member of the Executive Committee of the Bayer Cares Foundation. “We are pleased to channel support into their voluntary social commitment. They make wonderful ambassadors for the company with their efforts outside of work and execute our mission “Bayer: Science For A Better Life” in an exemplary manner.”
The projects in receipt of the current round of funding are spread across 42 countries
• Europe: Austria, Bulgaria, Czech Republic, France, Germany, Greece, Italy, Moldova, Portugal, Romania, Russia, Spain, Turkey, Ukraine
• North, Central and South America: Argentina, Brazil, Canada, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, United States, Venezuela
• Africa: Kenya, Morocco, South Africa
• Asia and Middle East: China, India, Israel, Kazakhstan, Malaysia, Pakistan, Saudi Arabia, Vietnam
• Australia and New Zealand
Bayer Cares Foundation
As the social welfare foundation of the innovation company Bayer, the Bayer Cares Foundation sees itself especially as an initiator, promoter and partner for innovation at the interface between industry and the social sector. The sponsorship programs are focused on people – their commitment to public welfare, their wealth of ideas in fulfilling social needs, as well as those that arise in times of emergency. The foundation’s funding activities are a central element of Bayer’s global social commitment amounting to approximately EUR 50 million annually – with the focus on promoting scientific education and leading-edge research, and on providing health care and meeting the basic social needs of people who live near the company’s sites.
You can find out more about the Bayer Cares Foundation at: www.bayer-foundations.com.
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup 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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