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Corporate Social Responsibility
News
1.10.2005 ET
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CSR News from:
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Bayer Boosts Tsunami Relief Effort; Company Matches U.S. and Canadian Employee Donations Dollar For Dollar
Bayer Global Cash and Product Donations Now More Than $13 Million
(CSRwire) PITTSBURGH--(BUSINESS WIRE)--Jan. 7, 2005--Bayer Corporation
announced today it has established a tsunami relief effort and will match
employee donations across the U.S. and Canada dollar for dollar.
Bayer companies worldwide are assisting the victims of the Asian tsunamis
with both monetary and product donations totaling more than $13 million.
"Bayer employees across the world have acted with great generosity in
response to this disaster," said Attila Molnar, Bayer Corporation's
president and CEO. "Bayer is committed to our global community, and we
hope that our donations will help restore health and wellness to this
devastated region."
As soon as news was received of the widespread destruction wrought by the
tsunamis, Bayer mounted relief efforts by donating products to treat
disease and prevent epidemics in response to the specific requirements of
international relief organizations.
For example, Bayer HealthCare is sending antibiotics, pain relievers and
cardiovascular drugs to treat people in the stricken areas, and Bayer
CropScience is supplying products to combat the insects that spread
diarrheal infections, malaria and other hemorrhagic fevers.
Bayer also will join in the efforts of providing long-term assistance with
reconstruction work in the affected regions. Specific projects will be
discussed and coordinated with its companies in the region in the coming
months.
Bayer companies employ some 5,700 people in India, Indonesia and Thailand,
which are among the most severely affected countries. They, too, are
helping by donating money, technical assistance and clothing, and by
assisting directly with relief operations in the devastated areas. Bayer's
global relief plans will continue to evolve as the needs of the affected
areas are determined.
Bayer Corporation, headquartered in Pittsburgh, is part of the
worldwide Bayer Group, an international health care, nutrition and
innovative materials group based in Leverkusen, Germany. Bayer employs
23,300 in North America with net North American sales of 8.8 billion euros
in 2003. Bayer's three operating business areas -- HealthCare, CropScience
and MaterialScience, improve people's lives through a broad range of
essential products that help diagnose and treat diseases, protect crops
and advance automobile safety and durability.
Forward-Looking Statements
This news release contains forward-looking statements based on current
assumptions and forecasts made by Bayer Group 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 our public reports filed with the
Frankfurt Stock Exchange and with the U.S. Securities and Exchange
Commission (including our Form 20-F). 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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