The transparency register will initially launch in Germany before being introduced in further countries
Bayer has introduced a transparency register in the future DAX-40-index. The transparency register will initially launch in Germany before being introduced in further countries. The Bayer Science Collaboration Explorer is aimed at improving long-term public confidence in science and research. The database provides access to new contract-based scientific collaborations with universities, public research institutions and individuals in Germany.
“Solving humanity’s major challenges requires trusted scientific innovations. For that, we need transparency,” says Werner Baumann, CEO, Bayer. “Today we are presenting the Bayer Science Collaboration Explorer, a leading initiative setting standards for corporate transparency and community engagement.”
Dr Monika Lessl, Head of Corporate R&D and Social Innovation, Bayer, added, “With the Bayer Science Collaboration Explorer, Bayer and our external partners want to create more transparency regarding our scientific collaborations. We see the register as an important element towards promoting dialogue between society, business, and research on the topic of new scientific discoveries.”
Specifically, the following core details will be published for each contract: Name and country of the institution/person, collaboration type (e.g., research contract), subject of collaboration (e.g., oncology, digital farming), funding committed, effective date, participating Bayer division.
