May 27, 2009
Bayer To Invest $1.4B in Climate Research
From 2008 to 2010, the Bayer conglomerate plans to spend $1.4 billion on research and development of projects and technologies related to the climate.
Additionally, Bayer aims to restrict its greenhouse gas emissions to its 2007 levels through at least 2020, even with increases in production, according to its 2008 corporate sustainability report. Bayer saw revenues of nearly $46 billion in 2008.
In the report, Bayer outlined its activity in climate protection and the responsible use of water. The company has broken ground on a climate-neutral child care center at its site….
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