The UN Climate Conference, often known as COP28, is right around the corner. Food production and food security will be important topics at this year’s COP… and for good reason: this summer’s crop losses were terrible, and the environment is putting an increasing strain on agriculture.
Agriculture, on the other hand, is a major contribution to climate change. The only path forward is to drastically alter current farming processes and transition to more sustainable agricultural practices. Bayer is committed to enabling regenerative agriculture, which requires less inputs and benefits the environment while increasing productivity and global food production.
Bayer is a multinational corporation with primary capabilities in the life sciences of health care and nutrition. Its products and services are intended to help people and the world thrive by assisting with the main issues posed by a growing and aging global population. Bayer is dedicated to driving sustainable development and making a positive impact through its operations. Simultaneously, the Group intends to boost its earning potential and create value through innovation and growth. Throughout the world, the Bayer brand represents trust, dependability, and quality. In fiscal 2020, the Group employed over 100,000 people and generated 41.4 billion euros in revenues. Before exceptional items, R&D expenses totaled 4.9 billion euros.