Bayer AG – Interim Target A

Interim targets by 2024 By 2024, we aim to reduce our own (Scope 1 and Scope 2) emissions by 20% and our emissions in the value chain (Scope 3) by 6% (relative to 2019) in line with the reduction pathway of our Science Based Target (SBT). Medium-term climate targets by 2030 Bayer aims to achieve climate neutrality at all its own sites by 2030. To attain that target, we intend to reduce by the end of 2029 our own emissions – the so-called Scope 1 and Scope 2 emissions – by 42% relative to the reference year 2019. This target on the pathway to a 1.5°C scenario was reviewed and acknowledged by the SBTi. We have set a reduction target for Scope 3 emissions of 12.3% by 2029 (relative to 2019) for our value chain. This target was also reviewed and acknowledged by the SBTi.

• Interim Target Baseline Year: 2019