Bayer

Company Score

-1.61
Industry Pharmaceuticals, Biotechnology & Life Sciences
Country Germany
Year Added 2018
Impact Ratings 1014
Impact Notes 25
SDG Covered 11 out of 17

Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Its areas of business include human and veterinary pharmaceuticals; consumer healthcare products; agricultural chemicals, seeds and biotechnology products.

Bayer products include: aspirin, prontosil (the first widely used antibiotic), the antibiotic Cipro (ciprofloxacin); and Yaz (drospirenone) birth control pills. In 2018 Byer acquired Monsanto, a leading producer of genetically engineered crops, for $63 billion. Bayer CropScience develops genetically modified crops and pesticides.

Read about Bayer and its impact below.

Impact notes

Good Health and Well-being

Bayer’s donation of suramin drugs in Africa has helped to drastically decrease Trypanosomiasis cases

Profile Harihar K
Icon time Thu Jan 14th, 2021 at 12:55pm

Diseases from infections that are transmitted by blood feeding organisms like mosquitoes or ticks to humans and animals are called vector borne diseases1. Vector-borne diseases are responsible for 17% of the diseases due to infections and cause over 700,000 deaths in the world annually6.

Responsible Consumption and Production

Bayer generates 3.25 times more waste than its top competitor

Profile Harihar K
Icon time Tue Jan 12th, 2021 at 9:22am

Around 362 Mn tonnes of hazardous waste is generated globally1. Most of this waste is produced by the pharmaceutical and medical device industries2. Hazardous waste is toxic, flammable, radioactive, and infectious, hence posing a danger to the environment and public health1. Hazardous waste can interfere with the hormonal system, cause cancer, reproductive issues, and damage DNA1. In the span of the last 100 years, hazardous waste generation has increased by 40,000%1.

Zero Hunger

Bayer helps protect 170,000 hectares of crops in Kenya and Uganda from the deadly locust infestation

Profile Harihar K
Icon time Mon Jan 11th, 2021 at 8:30am

Globally, around 20% to 40% of the crops produced every year are destroyed due to pests1. The global economic costs of plant diseases are nearly USD $220 billion and around $70 billion for the damages from invasive insects1. While there are 30 billion insect species, around 600 are highly destructive, destroying up to 60% of the global crop harvests3.

No Poverty

At around $393,840 annually, Bayer’s TRK fusion-cancer drug is one of the most expensive US drugs

Profile Harihar K
Icon time Wed Jan 6th, 2021 at 8:28am

Every year, around 606,520 people die of cancer in the US, and 1.8 million new cases are reported1. One in four cancer patients in America skips their medication due to its high cost2. Americans pay the highest price for cancer drugs globally, where the patented drugs are 192% more expensive than the cost of living in the country3.

Affordable and Clean Energy

Bayer consumed only 0.061% of renewable energy in 2019

Profile Sunny Dutt Sharma
Icon time Tue Dec 29th, 2020 at 9:36am

Globally, people consume around 11 billion tonnes of oil equivalent fossil fuels, and as per the estimation, the world could run out of them by 20528. In 2019, about 158,839 TWh of energy was consumed worldwide and fossil fuels account for approximately 86% of the world’s total power usage3.