General
Information
Last Update:
Mar. 10, 2011
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Part of the audited Consolidated Financial Statements and Management´s Analysis

Our values and global standards

Our basic values

  • Sustainable profitable performance
  • Innovation for the success of our customers
  • Environmental protection, health and safety
  • Personal and professional competence
  • Mutual respect and open dialogue
  • Integrity

We act according to clearly defined values and standards of conduct that go beyond laws and regulations. As a global company, we strive to ensure that our actions meet or exceed internationally recognized standards. We observe and advocate:

  • the Universal Declaration of Human Rights and both United Nations covenants on human rights,
  • the ten principles of the UN Global Compact,
  • the ILO’s core labor standards and Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy (MNE Declaration),
  • the OECD Guidelines for Multinational Enterprises,
  • the Responsible Care® Global Charter, and
  • the German Corporate Governance Code.

We have created Group-wide Values and Principles to apply these international guidelines to our business environment. Our actions are based on six basic values: sustainable profitable performance; innovation for the success of our customers; environmental protection, health and safety; personal and professional competence; mutual respect and open dialogue; and integrity. Each of these values is complemented by binding principles, which explain how they are implemented in our day-to-day business. Observance of our basic values and principles is an integral element in the annual target agreements of all senior executives in the BASF Group. With globally applicable standards, we set out clear rules. We set ourselves ambitious environmental, health and safety goals and monitor our performance in these areas with regular audits. In this way, we also support the chemical industry’s global Responsible Care initiative. We have a monitoring system to assess our performance in terms of labor and social standards. Information relevant to the principles of the Global Compact
For more on how our values are anchored in our day-to-day business, see
Sustainability management
Employees
Environmental and safety management

More on environmental, health and safety management and audits
More on our monitoring system for labor and social standards

Global standards

  • Regular audits on environment, health and safety
  • Support of the Responsible Care initiative
  • Global monitoring system for labor and social standards

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