- Relevant information included up to the editorial deadline of February 21, 2017
All information and bases for calculation in this report are founded on national and international standards for ﬁnancial and sustainability reporting. The data and information for the reporting period were sourced from the expert units responsible using representative methods. The reporting period was the 2016 business year. Relevant information is included up to the editorial deadline of February 21, 2017. The report is published each year in English and German.
BASF Group’s scope of consolidation for its ﬁnancial reporting comprises BASF SE, with its headquarters in Ludwigshafen, Germany, and all of its fully consolidated material subsidiaries and proportionally included joint operations. Shares in joint ventures and associated companies are accounted for, if material, using the equity method in the BASF Group Consolidated Financial Statements.
The chapter “Working at BASF” refers to employees active in a company within the BASF Group scope of consolidation as of December 31, 2016. Our data collection methods for environmental protection and occupational safety are based on the recommendations of the European Chemical Industry Council (CEFIC).
In the chapter on “Environment, Health, Safety and Security,” we report all data on the emissions and waste of the worldwide production sites of BASF SE, its subsidiaries, and joint operations based on our stake.1 Work-related accidents1 at all sites of BASF SE and its subsidiaries as well as joint operations and joint ventures in which we have sufﬁcient authority in terms of safety management, are compiled worldwide regardless of our stake and reported in full. Further data on transportation safety1 and social responsibility refers to BASF SE and its subsidiaries unless otherwise indicated.
1 Excluding the Chemetall business acquired from Albemarle Corp., Charlotte, North Carolina, in December 2016