Submitted by Bayer
Bayer Corporation today announced that it is providing monetary support for disaster relief efforts through donations totaling $150,000 from the Bayer USA Foundation. The American Red Cross and Save the Children will each receive $75,000. The northeastern coast of the United States continues to be affected by Hurricane Sandy, which caused extensive damage to cities and rural communities, leaving millions of people without power or homeless.
“When millions of people are affected by devastation in the form of natural disasters, it is important to be able to provide assistance to families and communities in a time of great need,” said Tracy Spagnol, chairperson, Bayer USA Foundation.
The American Red Cross has been supporting those affected by ensuring emergency needs of food, clothing, shelter, recovery supplies and that other financial means are met. Save the Children has been by providing emergency and recovery support for children, ensuring their health and safety.
Bayer has approximately 7,000 employees along the eastern coast in the states most impacted by Hurricane Sandy.
About Bayer Corporation
Bayer Corporation, headquartered in Pittsburgh, is a subsidiary of Bayer AG, an international health care, nutrition and high-tech materials group based in Leverkusen, Germany. As an inventor company, it sets trends in research-intensive areas. The company’s products and services are designed to benefit people and improve their quality of life. The Corporation is committed to the principles of sustainable development and to its role as a socially and ethically responsible corporate citizen. Economy, ecology and social responsibility are corporate policy objectives of equal rank. In North America, Bayer had 2011 net sales of EUR 8,177 million ($11,366 million) and employed 15,800 at year-end. For more information, go to www.bayerus.com.
About Bayer USA Foundation
The Bayer USA Foundation is an endowed 501(c)(3) entity and is the primary source of Bayer Corporation’s philanthropy in the United States. With a programmatic focus on the environment and sustainability; education and workforce development; arts and culture; and health and human services, the foundation creates and supports organizations that improve communities in which Bayer employees live and work, as well as society at large. The Bayer USA Foundation is one of three Bayer foundations worldwide, including the Bayer Science & Education Foundation and the Bayer Cares Foundation.
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Bayer: Science For A Better Life
Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2015, the Group employed around 117,000 people and had sales of EUR 46.3 billion. Capital expenditures amounted to EUR 2.6 billion, R&D expenses to EUR 4.3billion. These figures include those for the high-tech polymers business, which was floated on the stock market as an independent company named Covestro on October 6, 2015. For more information, go to www.bayer.com.
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