- Relevant information included up to editorial deadline of February 24, 2015
All information and bases for calculation in this report are based on national and international standards for financial and sustainability reporting. All of the data and information for the reporting period were sourced from the units responsible using representative methods. The reporting period was the 2014 business year. To make this report as current as possible, we have included relevant information available up to the editorial deadline of February 24, 2015. The report is published each year in English and German.
BASF Group’s scope of consolidation for its ﬁnancial reporting comprises BASF SE, with its headquarters in Ludwigshafen, Germany, and all of its fully consolidated material subsidiaries and proportionally included joint operations. Shares in joint ventures and associated companies are accounted for, if material, using the equity method in the BASF Group Consolidated Financial Statements.
An asset swap with Gazprom planned for the end of 2014 did not take place. The transaction’s cancellation made it necessary to cease reporting these activities as a disposal group and account for the depreciation, amortization and equity-accounted income that had been suspended since 2012. Figures for the 2013 business year and the first three quarters of 2014 have been adjusted accordingly.
The chapter “Working at BASF” refers to employees active in a company within the BASF Group scope of consolidation as of December 31, 2014. Our data collection methods for environmental protection and occupational safety are based on the recommendations of the European Chemical Industry Council (CEFIC). In the “Environment” chapter, with its subsections on Energy and Climate Protection, Water, and Air and Soil, we report on the emissions and waste of the worldwide production sites of BASF SE, its subsidiaries, and joint operations based on our stake. Work-related accidents at all sites of BASF SE and its subsidiaries as well as joint operations and joint ventures in which we have sufficient authority in terms of safety management, are compiled worldwide regardless of our stake and reported in full. Further data on social responsibility and transportation safety refers to BASF SE and its subsidiaries unless otherwise indicated.