GRI and Global Compact Index

Strategy and profile

  Download (xls, 246 kB)

 

 

 

completely covered = completely covered

Main Indicator

 

 

partially covered = partially covered

Additional Indicator

 

 

not material = not material

Indicator

Link

Page
number

Fulfilment & Comment

GC Principles

 

 

 

 

 

 

 

 

 

1. Strategy and Analysis

 

 

 

 

1.1 Statement from the CEO

Letter from the Chairman of the Board of Executive Directors

8-9

completely covered

1-10

1.2 Description of key impacts, risks and opportunities

Corporate strategy

20-23

completely covered

 

Goals

24-25

 

Value-based management

26

 

Sustainability - Strategy; Organization;

27-29

 

Materiality analysis and sustainability issues;

 

Integrating sustainability into core processes

 

Innovation - Growth fields;

30;31;35

 

Outlook

 

Investments and acquisitions

36

 

Customer relations - Industry orientation

38

 

Employees - Strategy;

39-40

 

Managing demographic challenges

 

Trends in the global economy

45

 

Trends in key customer industries

46

 

Trends in the chemical industry

47

 

Agricultural Solutions - Crop Protection - Strategy

80

 

Oil & Gas

84-89

 

Regional results - Europe;

90-91

 

North America;

 

South America, Africa, Middle East

 

Supply chain management - Strategy

92

 

Raw materials - Strategy

93

 

Products - Strategy

98

 

Energy and climate protection - Strategy

100

 

Opportunities and risks report

107-115

 

Outlook

119-121

 

 

 

 

 

 

2. Organization Profile

 

 

 

 

2.1 Name of the organization

The BASF Group

18

completely covered

 

2.2 Primary brands, products, and/or services

BASF´s Segments

Cover

completely covered

 

The BASF Group - Figure BASF structure up to December 31, 2012

18

 

Chemicals - Figure Products, customers and applications; Figure Production capacities of significant products

59;60

 

Plastics - Figure Products, customers and applications; Figure Production capacities of significant products

65

 

Performance Products - Figure Products, customers and applications; Figure Production capacities of significant products

69;70

 

Functional Solutions - Figure Products, customers and applications

76

 

Agricultural Solutions - Figure Products, customers and applications

81

 

Oil & Gas - Exploration & Production

85

 

Events after the reporting period

122

 

Consolidated Financial Statements - Reporting by segment and region

168

 

Registered trademarks

226

 

Website: BASF-Products & Industries

 

 

2.3 Operational structure of the organization

BASF´s Segments

Cover

completely covered

 

The BASF Group - Markets and sites;

18

 

Organization of the BASF Group;

 

Figure BASF structure up to December 31, 2012

 

Innovation

30

 

Investments and acquisitions - Investments;

36-37

 

Acquisitions

 

Customer relations - Industry orientation

38

 

Employees - Strategy

39

 

Business review by segment

56-57

 

Chemicals - Figure Products, customers and applications

58-59

 

Plastics - Figure Products, customers and applications

64-65

 

Performance Products - Figure Products, customers and applications;

68-69;73

 

Nutrition & Health

 

Functional Solutions - Figure Products, customers and applications

75-76

 

Agricultural Solutions - Crop Protection - Strategy;

80-81

 

BASF Plant Science Plant biotechnology at BASF;

 

Figure Products, customers and applications

 

Oil & Gas - Exploration & Production;

84-86

 

Natural Gas Trading

 

Regional results - North America;

90-91

 

South America, Africa, Middle East

 

Outlook

119

 

Events after the reporting period - Figure BASF structure as of January 1, 2013

122

 

Consolidated Financial Statements - Reporting by segment and region

168

 

2.4 Location of organization's headquarters

About this report - Data

5

completely covered

 

The BASF Group - Markets and sites

18

 

2.5 Countries where the organization operates

The BASF Group - Markets and sites; Figure BASF sites

18-19

completely covered

 

Functional Solutions

75

 

Oil & Gas - Exploration & Production

85

 

Regional results

90-91

 

Economic environment in 2013

116-118

 

2.6 Nature of ownership and legal form

BASF on the capital market - Broad base of international shareholders; Employees becoming shareholders

13

completely covered

 

The BASF Group - Corporate legal structure

19

 

Corporate Governance of the BASF Group - Management and supervision

124

 

2.7 Markets served

The BASF Group - Markets and sites; Figure BASF sites

18-19

completely covered

 

Figure BASF structure up to December 31, 2012;

 

Innovation - Figure Key customer industries;

31;35

 

Outlook

 

Customer relations

38

 

Business review by segment

56-57

 

Oil & Gas - Exploration & Production

84-85

 

Regional results

90-91

 

Website: BASF-Customer Industries

 

 

2.8 Scale of the reporting organization (incl. number of employees, net sales, total capitalization, quantity of products, voluntary information)

BASF Group 2012 at a glance - Economic data; Employees and society

Cover

completely covered

 

BASF´s Segments

Cover

 

BASF on the capital market - Broad base of international shareholders; Employees becoming shareholders;

13;16

 

Figure Key BASF share data

 

The BASF Group - Markets and sites;

18

 

Organization of the BASF Group;

 

Figure BASF structure up to December 31, 2012

 

Goals - Growth and profitability

24

 

Employees - Figure Number of employees by region

39

 

Results of operations

48-51

 

Net assets

52

 

Business review by segment

56-57

 

Regional results

90-91

 

2.9 Significant changes during the reporting period regarding size, structure, or ownership

Innovation

30,35

completely covered

 

Investments and acquisitions - Investments;

36-37

 

Acquisitions

 

Customer relations - Industry orientation

38

 

Employees - Strategy

39

 

Plastics - Performance Polymers;

66-67

 

Polyurethanes

 

Performance Products - Nutrition & Health

73

 

Functional Solutions

75

 

Agricultural Solutions - Crop Protection - Strategy;

80-81

 

BASF Plant Science Plant biotechnology at BASF

 

Oil & Gas - Exploration & Production;

85-86

 

Natural Gas Trading

 

Regional results - North America;

90-91

 

South America, Africa, Middle East

 

Energy and climate protection - Global goals

100-101

 

Outlook

119-121

 

Events after the reporting period

122

 

Consolidated Financial Statements - Acquisitions and divestitures

163

 

2.10 Awards received

Selected prizes and awards

Cover

completely covered

 

BASF on the capital market - BASF in key sustainability indices;

14;15

 

Close dialog with the capital markets

 

Innovation

31

 

Employees - Competition for talent

39

 

Social commitment - Focus on education

44

 

Energy and climate protection - Strategy

100

 

 

 

 

 

 

3. Report Parameters

 

 

 

 

3.1 Reporting period for information provided

About this report - Integrated reporting;

4;5

completely covered

 

Data

 

3.2 Date of most recent previous report

About this report - Data;

5

completely covered

 

Requirements and topics

 

Website: BASF Bericht 2012

 

 

3.3 Reporting cycle

About this report - Data

5

completely covered

 

3.4 Contact point for questions regarding the report or its contents

BASF Report Cover - Contact

Cover

completely covered

 

3.5 Process for defining report content

About this report - Integrated reporting;

4-5

completely covered

 

Content and structure;

 

Requirements and topics;

 

Data

 

Sustainability - Strategy;

27-28

 

Stakeholder engagement;

 

Materiality analysis and sustainability issues

 

Website: Identification and Management of Sustainability Issues

 

 

Website: Stakeholder Dialogue

 

 

3.6 Boundary of the report

BASF´s Segments

Cover

completely covered

 

About this report - Data

5

 

The BASF Group - Corporate legal structure

19

 

3.7 Specific limitations on the scope or boundary of the report

About this report - Data

5

completely covered

 

3.8 Joint ventures, subsidiaries, leased facilities, outsourced operations, and other entities

About this report - Data

5

completely covered

 

3.9 Data measurement techniques and the bases of calculations

About this report - Requirements and topics;

5

completely covered

 

Data

 

3.10 Effect of any re-statements of information provided in earlier reports

About this report - Requirements and topics;

5

completely covered

 

Data

 

Financial position - Cash flow statement; Cash used in financing activities

55

 

3.11 Significant changes from previous reporting periods

About this report - Requirements and topics;

5

completely covered

 

Data

 

3.12 GRI Content Index

About this report - Content and structure

4

completely covered

 

GRI and Global Compact Index

230

 

Website: GRI- und Global Compact-Index 2012

 

 

3.13 External assurance for the report

About this report - External audit and evaluation

6

completely covered

 

Consolidated Financial Statements - Auditor's report

145

 

Website GRI- und Global Compact-Index 2012

 

 

 

 

 

 

 

4. Governance, Commitments, and Engagement

 

 

 

 

4.1 Governance structure of the organization

Letter from the Chairman of the Board of Executive Directors

8-9

completely covered

1 - 10

The Board of Executive Directors of BASF SE

10-11

Sustainability - Organization;

27

Stakeholder engagement

Corporate Governance of the BASF Group - Direction and management by the Board of Executive Directors;

124-125

Supervision of company management by the Supervisory Board

Management and Supervisory Boards

130-132

Compliance

129

4.2 Indicate whether the Chair of the highest governance body is also an executive officer

Corporate Governance of the BASF Group - Direction and management by the Board of Executive Directors

124

completely covered

1 - 10

4.3 Independent and/or non-executive members of the highest governance body

Management and Supervisory Boards

130-132

completely covered

1 - 10

4.4 Mechanisms for shareholders and employees to provide recommendations or direction to the highest governance body

BASF on the capital market - Close dialog with the capital markets

15

completely covered

1 - 10

Employees - Global Employee Survey; Dialog with employee representatives

41;42

Corporate Governance of the BASF Group - Supervision of company management by the Supervisory Board;

125-126

Shareholders' rights

Compliance

22,129

Consolidated Financial Statements - Stock price-based compensation program and BASF incentive share program

205-206

Website: BASF-Roadshows

 

Website: Cooperation with employee representatives

 

Website: Annual Shareholders' Meeting 2012

 

4.5 Linkage between compensation for members of governance bodies and the organization's performance

Corporate strategy - Global standards

22

completely covered

1 - 10

Compensation report

133-138

Website: Management and Instruments for Sustainability

 

Website: BASF shares: a sustainable investment

 

Website: BASF's answers to the CDP Questionnaire 2012

 

Website: BASF's answers to the CDP Water Questionnaire 2012

 

4.6 Processes in place for the highest governance body to ensure conflicts of interest are avoided

Corporate strategy - Global standards

22

completely covered

1 - 10

Sustainability - Organization

27

Employees - Global Employee Survey

41

Corporate Governance of the BASF Group - Supervision of company management by the Supervisory Board

125

Compliance

129

Website: German Corporate Governance Code

 

4.7 Process for determining the qualifications and expertise of the members of the highest governance body

Corporate strategy - Global standards

22

completely covered

1 - 10

Sustainability - Organization

27

Corporate Governance of the BASF Group - Supervision of company management by the Supervisory Board

125

Website: Management and Instruments for Sustainability

 

4.8 Missions or values, codes of conduct, and principles

Corporate strategy - Our purpose; Our strategic principles; Our values;

20-23

completely covered

1 - 10

Global standards; Compliance

Goals

24-25

Value-based management

26

Sustainability - Strategy;

27

Human rights;

Integrating sustainability into core processes

Employees - Competition for talent;

39-43

Personnel development and further training;

Managing demographic challenges;

What we expect from our managers; Employee and manager diversity;

Work-life balance;

Global labor and social standards

Oil & Gas

84

Supply chain management - Strategy; Sustainability standards

92

Responsible Care management system - Strategy; Audits

94

Transportation and storage - Strategy; Accident prevention and assistance; 2020 Goal

95

Production

96-97

Products - Strategy;

98-99

2020 Goal;

Ecological and toxicological testing;

Management of new technologies

Energy and climate protection - Strategy;

100

2020 Goals

Water - Strategy;

104

Global goals; 2020 Goals

Air and soil - 2020 Goal; Waste management

106

Opportunities and risks report - Litigation and claims;

108, 112, 114-115

Long-term opportunities and risks - Innovation; Sustainability

Corporate Governance of the BASF Group

124

Compliance

129

Website: German Corporate Governance Code

 

Website: Our purpose

 

Website: Our strategic principles

 

Website: Values

 

Website: Code of Conduct

 

4.9 Procedures of the highest governance body for overseeing the organization's sustainability performance

About this report - Content and structure;

4;5

completely covered

1 - 10

Requirements and topics

Corporate strategy - Global standards

22

Sustainability - Strategy; Organization;

27-29

Materiality analysis and sustainability issues;

Integrating sustainability into core processes

Employees - Global labor and social standards

43

Supply chain management - Strategy

92

Opportunities and risks report - Long-term opportunities and risks - Sustainability

115

Corporate Governance of the BASF Group - Direction and management by the Board of Executive Directors

124

Compliance

129

Website: Management and Instruments for Sustainability

 

Website: Identification and Management of Sustainability Issues

 

Website: Organization ensures sustainable business activities

 

Website: Code of Conduct

 

4.10 Processes for evaluating the highest governance body's own sustainability performance

BASF on the capital market - BASF in key sustainability indices

14

completely covered

1 - 10

Corporate strategy

20-23

Goals

24-25

Sustainability

27-29

Employees - Global Employee Survey

41

Transportation and storage - 2020 Goal

95

Production - Occupational safety;

96-97

2020 Goal

Products - 2020 Goal

98

Energy and climate protection - 2020 Goals

100

Water - 2020 Goals

104

Air and soil - 2020 Goal

106

Website: Sustainable investments

 

Website: BASF shares: a sustainable investment

 

4.11 Precautionary approach

Oil & Gas

84

completely covered

1-10

Supply chain management

92

Responsible Care Management System

94

Transportation and storage

95

Production

96-97

Products

98

Opportunities and risks report - Long-term opportunities and risks - Sustainability

115

4.12 Externally developed charters, principles, or other initiatives

About this report - Content and structure;

4-6

completely covered

1 - 10

Requirements and topics;

External audit and evaluation

Corporate strategy - Global standards

22

Sustainability - Human rights

29

Employees - Vocational training;

39-40; 43

Managing demographic challenges;

Global labor and social standards

Social commitment - International development projects

44

Oil & Gas

84

Supply chain management - Strategy; Supplier audits

92

Raw materials - Renewable resources

93

Responsible Care management system - Audits

94

Transportation and storage - Accident prevention and assistance; Activities in external networks

95

Products - Strategy;

98-99

REACH and other legal requirements;

Ecological and toxicological testing;

Management of new technologies

Energy and climate protection - Strategy

100

Water - Global goals; Reducing emissions further

104-105

Opportunities and risks report - Long-term opportunities and risks - Sustainability

115

Corporate-Governance - German Corporate Governance Code

127

Compliance

129

Website: BASF is a founding member of UN Global Compact LEAD

 

Website: UN Global Compact Blueprint

 

Website: Deutscher Corporate Governance Kodex

 

4.13 Memberships in associations and/or national/international advocacy organizations

About this report - Content and structure;

4-5

completely covered

1 - 10

Requirements and topics

Sustainability - Stakeholder engagement;

27, 29

Human rights

Social commitment - Strategy

44

Supply chain management - Strategy; Supplier audits

92

Raw materials - Renewable resources

93

Transportation and storage - Activities in external networks

95

Products - Strategy;

98-99

Management of new technologies

Energy and climate protection - Strategy

100

Water - Global goals; Reducing emissions further

104; 105

Compliance

129

Website: Networks for sustainability

 

4.14 List of stakeholder groups

About this report - Requirements and topics

5

completely covered

 

BASF on the capital market - Close dialog with the capital markets

15

 

Corporate strategy - Our strategic principles

20

 

Sustainability - Stakeholder engagement;

27; 28

 

Materiality analysis and sustainability issues

 

Innovation - Technology fields

30, 32

 

Customer relations - Industry orientation

38

 

Employees - Employee and manager diversity;

41

 

Global Employee Survey

 

Social commitment - Strategy

44

 

Oil & Gas - Exploration & Production

84-85

 

Raw materials - Renewable resources

93

 

Production - Occupational safety;

96-97

 

Health protection;

 

Hazard prevention and site security

 

Products - Strategy;

98-99

 

REACH and other legal requirements;

 

Management of new technologies

 

Energy and climate protection - Energy supply and efficiency

102

 

Opportunities and risks report - Long-term opportunities and risks - Innovation; Sustainability

114-115

 

Compliance

129

 

Website: Management and Instruments for Sustainability

 

 

Website: Stakeholder Dialogue

 

 

4.15 Basis for identification and selection of stakeholders

About this report - Requirements and topics

5

completely covered

 

Innovation

30

 

Sustainability - Strategy;

27-28

 

Stakeholder engagement;

 

Materiality analysis and sustainability issues

 

Website: Stakeholder Dialogue

 

 

4.16 Approaches to stakeholder engagement

About this report - Requirements and topics

5

completely covered

 

BASF on the capital market - Close dialog with the capital markets

15

 

Sustainability - Strategy;

27-28

 

Stakeholder engagement;

 

Materiality analysis and sustainability issues

 

Innovation - Technology fields

30, 32

 

Customer relations - Industry orientation

38

 

Employees - Competition for talent;

39-42

 

What we expect from our managers; Employee and manager diversity;

 

Global Employee Survey; Dialog with employee representatives;

 

Work-life balance

 

Oil & Gas - Exploration & Production

84-85

 

Regional results - Asia Pacific

91

 

Supply chain management - Sustainability standards

92

 

Production - Occupational safety;

96

 

Health protection

 

Products - Strategy

98

 

Water - Strategy

104

 

Compliance

129

 

Website: Stakeholder Dialogue

 

 

4.17 Key topics and concerns raised through stakeholder engagement

About this report - Requirements and topics

5

completely covered

 

BASF on the capital market - Close dialog with the capital markets

15

 

Corporate strategy - Our strategic principles

20

 

Sustainability - Stakeholder engagement;

27-29

 

Materiality analysis and sustainability issues;

 

Human rights

 

Innovation - Technology fields

30, 32

 

Employees - Employee and manager diversity;

41-42

 

Global Employee Survey; Dialog with employee representatives;

 

Work-life balance

 

Oil & Gas

84

 

Regional results - Europe

90

 

Supply chain management - Supplier audits

92

 

Raw materials - Renewable resources; Biodiversity

93

 

Transportation and storage - Accident prevention and assistance; Activities in external networks

95

 

Production - Occupational safety;

96-97

 

Health protection;

 

Hazard prevention and site security

 

Products - Strategy;

98-99

 

REACH and other legal requirements;

 

Management of new technologies

 

Energy and climate protection - Energy supply and efficiency

102

 

Water - Strategy;

104-105

 

Reducing emissions further

 

Opportunities and risks report - Long-term opportunities and risks - Sustainability

115

 

Website: Reports