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Stakeholder engagement

Stakeholder engagement

  • BASF fosters ongoing exchange with its stakeholders
  • Workshops conducted on sustainability
  • BASF actively involved in local Global Compact networks

A fixed component of our sustainability management is the continuous exchange with our stakeholders. These include employees, customers, suppliers and shareholders, as well as experts in science, industry, politics, society and media. We provide transparent communication about our activities and take on critical questions. We have a particular responsibility toward our production sites’ neighbors, and discuss current issues with them in 78 Community Advisory Panels (CAPs).

An open exchange with consumers, non-governmental organizations, policy makers and the public is very important for the successful introduction of products based on new technologies. In 2012, we published the report of the Dialog Forum Nano on transparent communication on nanomaterials. Together with representatives from the participating companies and environmental, consumer and religious groups, we presented the results to selected political leaders.

In order to provide our employees with sustainability training within the framework of our strategy, we conducted 66 workshops with more than 1,200 employees in South America in 2012. We make information on our social standards and our conditions for production available to our customers via special online platforms. BASF is actively involved in local Global Compact networks. BASF’s Chairman of the Board of Executive Directors was appointed to the UN Global Compact Board in 2012. In addition, we provide a representative to the Global Reporting Initiative Stakeholder Council.

BASF as a company does not support political parties. In the United States, our employees have established the BASF Corporation Employees Political Action Committee. It is an independent, federally registered association of employees which pools donations to political candidates from BASF employees and independently decides how these are used.