Procurement Magazine June 2024 | Page 29

a brighter future . In 2020 , Bayer became a part of the Science Based Targets initiative ( SBTi ) and established clear objectives to significantly decrease its absolute greenhouse gas emissions ( GHG ), both from its direct operations across Scope 1 and 2 and those inherited through its supply chain , also known as Scope 3 . As part of Bayer ' s commitment to SBTi , it aims to reduce absolute Scope 3 greenhouse gas emissions by 25 % by 2029 using 2019 as the base year .
“ At Bayer , we have formed a specialised team known as our ‘ Decarbonization Accelerator ’,” Thomas explains in an interview with Beroe . “ This team ensures that the subject of decarbonisation stays as a priority among the company ’ s senior leaders . The emphasis is not on being highly innovative but on executing what is already known to be essential .
“ The key is to take action – to roll up sleeves and get to work . Leadership , setting priorities and having a genuine passion for what one is doing are crucial . When an organisation demonstrates commitment to these values , it becomes apparent to employees , suppliers and customers . This recognition can lead to accelerated efforts and credibility .
“ Sometimes , focusing on fundamental actions can lead to innovation . Unfortunately , many companies are still struggling to execute even the basic steps .” procurementmag . com 29