WHIPPANY, N.J., June 11, 2019 /PRNewswire/ -- Bayer announces today its new partnership with the newly formed Association of Foreign Correspondents in the United States (AFC) that will provide present and future generations of journalists the resources needed to help them pursue other areas of interest within their industry. Bayer and AFC will establish an innovative approach of advancing the careers of foreign journalists - with a special focus on helping them understand fields that are relevant to their reporting but not restricted to journalism (i.e, finance, data and analytics, marketing, social media management, etc.).
"We are delighted to announce this new partnership with the Association of Foreign Correspondents," said Ray Kerins, SVP of Corporate Affairs for Bayer. "Bayer is an unwavering supporter of freedom of the press and freedom of speech. By providing them with the resources they need, whether it be through educational resources, grants or scholarships, journalists around the world will be able to pursue other areas of interest that will help advance their reporting careers."
The Association of Foreign Correspondents in the United States was established in 2019 as a result of the need for active and working foreign correspondents living and working in the United States to come together and ensure transparent, bold and effective representation of their work.
One of its major pillars is to guarantee that future generations of journalists who come to the United States and advance their careers, in addition to those working for international outlets in the United States, have the means and financial support required to advance their knowledge and skills in the rapidly changing global media landscape.
"We are thrilled that one of our major strategic pillars in our organization has already found a committed ally in Bayer," said Thanos Dimadis, President of the Association of Foreign Correspondents in the United States. "Bayer's support gives us the opportunity to provide the educational initiatives and scholarships to foreign student journalists who will be selected for awards in 2019. Their selfless contribution, support, and trust in our unique scholarship award programs for foreign journalists, signifies the impact that corporate social responsibility can create on future generations of foreign journalists and communities they serve."
Bayer has been a longstanding supporter of journalist education programs in the United States, including the National Press Foundation and other U.S.-based journalist organizations consisting of foreign press.
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to benefit people by supporting efforts to overcome the major challenges presented by a growing and aging global population. At the same time, the Group aims to increase its earning power and create value through innovation and growth. Bayer is committed to the principles of sustainable development, and the Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2018, the Group employed around 117,000 people and had sales of 39.6 billion euros. Capital expenditures amounted to 2.6 billion euros, R&D expenses to 5.2 billion euros. For more information, go to www.bayer.us.
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Forward-Looking Statements This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.