What are Global Reporting Initiative (GRI) and Global Compact?
The Global Reporting Initiative (GRI) was established in 1997 with the aim of developing a globally accepted framework for voluntary reporting on the economic, environmental and societal activities of organizations and companies. The guidelines were published in 2000, revised for the first time two years later and now considered to be a comprehensive set of indicators covering all dimensions of sustainable development.
Since 2003, BASF has been participating in the feedback meetings of the Global Reporting Initiative and has been working to further develop the guidelines together with experts from industry and society. Since 2003, we base our reporting on the international GRI guidelines. Today we follow the up-to-date standard, the G3.1 guidelines introduced by the GRI in 2011. We also have had a representative in the Global Reporting Initiative (GRI) Stakeholder Council since the beginning of 2012.
Under the auspices of the United Nations’ Global Compact initiative, NGOs, labor organizations as well as representatives from the world of business, science and politics are working closely together with the aim of forging a global economy based on the principles of sustainable development. As a Global Compact member, we report continually on our implementation of the ten Global Compact Principles. The information in the BASF Report 2011 also serves as a progress report on BASF’s implementation of the ten principles of the United Nations Global Compact and takes into consideration the Blueprint for Corporate Sustainability Leadership – an action plan initiated as part of the Global Compact LEAD platform. The symbol within the text of the report indicates information that is relevant to the ten principles and the Blueprint for Corporate Sustainability Leadership.
In addition to all GRI reporting elements, including all core indicators and additional indicators, this online index also contains details of topics relevant to the Global Compact Principles. It lists references in both print and online reports. If there is no available information for individual GRI indicators, we provide a short explanation of the reasons.