Bayer Climate Transition Analysis Update

Bayer has set long-term climate targets to achieve Net Zero across its value chain by 2050, with interim goals for 2029. Between 2020 and 2024, the company reduced total GHG emissions by 9.2%, despite annual revenue growth of 3%. However, emissions trends have been inconsistent year-on-year, and key downstream categories, such as product use, remain excluded from Scope 3 disclosures, resulting in a likely underestimation of Bayer’s climate footprint.