GRI and Global Compact Index

General standard disclosures

Global Compact Principles

 

General Standard Disclosures

Link

Page

Comment

 

 

Strategy and Analysis

 

 

G4-1

Letter from the Chairman of the Board of Executive Directors

7

 

 

 

G4-2

Strategy
Target table
Working at BASF: Managing demographic changes
Opportunities and risks report

22
26
43
111

 

 

 

Organizational Profile

 

 

G4-3

The BASF Group

19

 

 

 

G4-4

The BASF Group

19

 

 

 

G4-5

The BASF Group

19

 

 

 

G4-6

The BASF Group

19

 

 

 

G4-7

The BASF Group

19

 

 

 

G4-8

The BASF Group

19

 

 

 

G4-9

The BASF Group
Working at BASF: Number of employees
Financial Statements

19
40
155

 

6

 

G4-10

Working at BASF: Graphic: BASF Group employees by region
Working at BASF: Vocational training; Table: BASF Group employees by contract type

40
41

At our worldwide largest Verbund site in Ludwigshafen, we hire only relatively few employees subject to directives from counterparties (compared with our total workforce). We only work together with counterparties that are bound to collective agreements.

3

 

G4-11

 

 

90% of employees are working at a company in which working conditions are based on a collective contract or an agreement with in-house workersrepresentatives. (In a deviation from the scope of consolidation outlined in the annual report, these figures do not reflect the newly acquired Chemetall businesses).

 

 

G4-12

Suppliers: Worldwide procurement

92

The Procurement unit supports BASF’s business units in developing sustainable solutions so they can stand out from the competition in addressing market-specific requirements.

 

 

G4-13

The BASF Group: Organization of BASF Group
Working at BASF: Number of employees
Suppliers: Worldwide procurement

19
40
92

 

 

 

G4-14

Responsible Care Management System: Strategy; Audits
Transport and storage: Accident prevention and assistance
Production: Introduction;
Process safety;
Emergency response and corporate security

96
97
98
99
100

 

 

 

G4-15

Working at BASF: Global labor and social standards
Social commitment: Two pillars of social commitment

45
46

 

 

 

G4-16

Sustainability management: Engaging stakeholders
Transport and storage: Accident prevention and assistance; Activities in external networks

30
97

 

 

 

Identified Material Aspects and Boundaries

 

 

G4-17

About this report: Data

4

 

 

 

G4-18

About this report: Content and structure
Sustainability management: Strategy

3
29

 

 

 

G4-19

Our strategy: Corporate strategy
Our strategy: Sustainability management

23
29

Our material topics are: energy, water, resources and ecosystems, responsible production, products and solutions, partnerships, employment and employability.

 

 

G4-20

Our strategy: Corporate strategy
Our strategy: Sustainability management

23
29

For our material topics and the focus of our activities along the value chain, see here

 

 

G4-21

Our strategy: Corporate strategy
Our strategy: Sustainability management

23
29

For our material topics and the focus of our activities along the value chain, see here

 

 

G4-22

 

 

 

 

 

G4-23

Sustainability management: Strategy

29

 

 

 

Stakeholder Engagement

 

 

G4-24

Sustainability management: Engaging stakeholders

30

 

 

 

G4-25

Sustainability management: Engaging stakeholders

30

We defined persons in charge of dialog with the respective stakeholder groups. They engage in constructive dialogs with stakeholders relevant for BASF (for example, between employee and employer representatives, between business units and customers, dialog with politicians, investors, journalists and other societal stakeholders).

 

 

G4-26

Sustainability management: Engaging stakeholders
Working at BASF: Global Employee Survey;
Dialog with employee representatives

30
44
45

 

 

 

G4-27

Working at BASF: Global Employee Survey;
Dialog with employee representatives

44
45

 

 

 

Report Profile

 

 

G4-28

About this report: Data

4

 

 

 

G4-29

About this report: Data

4

 

 

 

G4-30

About this report: Data

4

 

 

 

G4-31

Report cover

Cover

 

 

 

G4-32

About this report: Content and structure

3

 

 

 

G4-33

About this report: External audit and evaluation

4

 

 

 

Governance

 

 

G4-34

Sustainability management: Strategy
Sustainability management: Engaging stakeholders

29
30

 

 

 

G4-35

Sustainability management: Strategy
Sustainability management: Engaging stakeholders

29
30

 

 

 

G4-36

Sustainability management: Strategy
Sustainability management: Engaging stakeholders

29
30

 

 

 

G4-37

Sustainability management: Engaging stakeholders
Working at BASF: Global Employee Survey

30
44

 

 

 

G4-38

Management and Supervisory Boards: Board of Executive Directors
Management and Supervisory Boards: Supervisory Board

136
137

 

 

 

G4-39

Management and Supervisory Boards: Board of Executive Directors
Management and Supervisory Boards: Supervisory Board

136
137

 

 

 

G4-40

Corporate governance report: Graphic: Two-tier management system of BASF SE
Corporate governance report: Supervision of company management by the Supervisory Board;
Objectives for the composition of the Supervisory Board

128
128
130

 

 

 

G4-41

Corporate governance report: Direction and management by the Board of Executive Directors; Graphic: Two-tier management system of BASF SE
Corporate governance report: Supervision of company management by the Supervisory Board

127
128
128

 

 

 

G4-42

Sustainability management: Strategy
Sustainability management: Engaging stakeholders

29
30

Sustainability is integrated in our major decision-making processes. This is why the Board of Executive Directors regularly discusses and decides on sustainability issues such as the new Value to Society approach.

 

 

G4-43

Sustainability management: Engaging stakeholders

30

 

 

 

G4-44

Corporate governance report: Graphic: Two-tier management system of BASF SE
Corporate governance report: Supervision of company management by the Supervisory Board
Compensation report

128
128
138

 

 

 

G4-45

Sustainability management: Strategy
Sustainability management: Engaging stakeholders

29
30

Our strategic evaluation process to define new main topics along the value chain was discussed, for example, by the Corporate Sustainability Board, the Stakeholder Advisory Panel as well as by the Board of Executive Directors. The Board of Executive Directors decided on the further procedure.

 

 

G4-46

Opportunities and risks report
Corporate Governance: Direction and management by the Board of Executive Directors
Corporate Governance: Supervision of company management by the Supervisory Board

111
127
128


 

 

G4-47

Sustainability management: Strategy
Sustainability management: Engaging stakeholders

29
30

 

 

 

G4-48

 

 

The report is discussed and released in a reading by the entire Board of Executive Directors.

 

 

G4-49

Working at BASF: Global Employee Survey

44

Sustainability is integrated in our major decision-making processes. The Board of Executive Directors is informed as part of standard processes.

 

 

G4-50

 

 

This information is confidential.

 

 

G4-51

Compensation report

138

 

 

 

G4-52

Compensation report

138

 

 

 

G4-53

Corporate governance report: Supervision of company management by the Supervisory Board;
Objectives for the composition of the Supervisory Boards
Corporate governance report: Shareholders’ rights

128
130
131

 

 

 

G4-54

 

 

Fair compensation is an important topic for BASF. It includes aspects of internal (distribution) equity and socially acceptable minimum compensation.

Our compensation is based on three principles: effectiveness, market and performance orientation. Additionally, it is our concern that minimum standards for compensation are complied with and possibly exceeded. As part of global monitorings, BASF regularly checks on compliance with minimum standards.

However, BASF does not consider the required compensation indicators listed in G4-54 and G4-55 as convincing in order to evaluate compensation structures regarding their fairness.

 

 

G4-55

 

 

Fair compensation is an important topic for BASF. It includes aspects of internal (distribution) equity and socially acceptable minimum compensation.

Our compensation is based on three principles: effectiveness, market and performance orientation. Additionally, it is our concern that minimum standards for compensation are complied with and possibly exceeded. As part of global monitorings, BASF regularly checks on compliance with minimum standards.

However, BASF does not consider the required compensation indicators listed in G4-54 and G4-55 as convincing in order to evaluate compensation structures regarding their fairness.

 

 

Ethics and Integrity

10

 

G4-56

Working at BASF: What we expect from our leaders
Working at BASF: Global labor and social standards
Compliance: Graphic: BASF’s Code of Conduct

42
45
134

All employees are instructed on the contents of our code of conduct upon joining the company. They are obligated to attend refresher training every three years.
In addition, all leaders and non-tariff employees confirm their adherence to our code of conduct every year. The members of the controlling body are informed about the contents of our Code of Conduct.

10

 

G4-57

Sustainability management: Engaging stakeholders
Compliance: Monitoring adherence to compliance principles

30
135

 

10

 

G4-58

Sustainability management: Engaging stakeholders
Compliance: Monitoring adherence to compliance principles

30
135