The German group seeks Alternatives to herbicide glyphosate, however, want to hold on the disputed funds. In addition, Bayer announces a campaign for more transparency and sustainability.
According to the Manager scolding, drastic price decline and a wave of lawsuits in the United States, Bayer goes on the Offensive: The pharmaceutical and agricultural chemical group maintains its controversial weed-killer glyphosate, but also invest billions in Alternatives. In the next ten years, around five billion euros should be used in the development of additional methods for weed control put, the company said on Friday. Bayer, also, higher standards for “transparency, sustainability and dealing with all the stakeholders,” it said further. “The measures go to a number of concerns, achieved by Bayer in the year after the acquisition of Monsanto.”
CEO Werner Baumann had not been relieved in connection with the controversial 63-billion-Dollar Takeover of the US seed giant Monsanto and the Bayer annual General meeting at the end of April as the first acting Chairman of the Board of a Dax company of the shareholders. The legal disputes around glyphosate weighing heavily on the share price of the with Aspirin, large-scale that has become a tradition of the group. In the European policy debate on the phasing out of the use of the Monsanto-developed herbicide is also already longer, also, therefore, Alternatives are in the long term may be necessary.
Furthermore, the “important role” for glyphosate
“Glyphosate will continue to play an important role in agriculture and in the product range of Bayer,” said the group. Bayer In the United States with about 13,400 plaintiffs because of the Weed shredder is facing. Most recently, the group was in the middle of may to more than two billion dollars in damages to a cancer-sick couple sentenced. In two previous cases, the plaintiffs were awarded damages of a total of almost $ 160 million. The group has filed an appeal or announced, a lot of experts but in the end of an expensive comparison.
Bayer has repeatedly referred to numerous studies, glyphosate is not harmful to health, classify, and wants to be allowed to use the substance in the European Union (EU) more. In the spirit of Friday’s prospect of greater openness, the company is planning for the this year with the forthcoming EU re-approval process of glyphosate, a pilot project: researchers, non-governmental organizations and journalists were invited to accompany the scientific preparation of the proceedings active, Bayer.
The group also promised to improve the environmental footprint of its agricultural products, and by 2030, the impact on the environment by 30 per cent decrease. For this purpose, Bayer wants to develop new technologies that reduce the amount of plant protection products, and more precise applications. In developing countries, Bayer, the only plant protection products on the market, if they fulfilled in both the local safety standards of each country as well as the requirements of a majority of the leading regulatory authorities.
ul/hb (rtr, afp)