Diversity, equity & inclusion: Bayer, female representation in senior management

Since 2019, EOS, on behalf of Brunel and other clients, has engaged with Bayer on female representation in senior management, expecting over 30% female representation on both the management board and group leadership circle. EOS outlined these expectations in a letter to the supervisory board chair, urging a public ambition for gender parity. Bayer responded by appointing a woman to its management board in February 2019 and setting targets of 33% in top management by 2025 and 50% by 2030. EOS has seen considerable improvement over the course of its engagement: by the end of 2023, Bayer’s annual report indicated that 32% of top management and 44% of overall management roles were held by women—a nominal improvement that culminated in the completion of this objective as of June 2024, with EOS continuing to monitor progress.