- Constant dialog with our stakeholders along the value chain
- Sustainability integrated into day-to-day business
Our stakeholders 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. Through constant dialog with our stakeholders along the entire value chain, we want to ensure that society accepts our activities and subsequently build partnerships based on trust. At the same time, we use this dialog to verify that our materiality analysis is complete and up to date.
We have a particular responsibility toward our production sites’ neighbors, and discuss current issues with them in 84 community advisory panels. These panels aim to promote open exchange between citizens and our site management with the goal of strengthening trust in our activities.
In keeping with our corporate strategy, we integrate sustainability considerations into our day-to-day business and help our employees make their contribution to a sustainable future. We offered further information sessions, online courses, workshops and discussions on sustainability in 2014.
In order to even more closely involve our stakeholders, we discussed topics like responsibility along the value chain, climate protection and human rights with our Stakeholder Advisory Council in 2014. The diverse international experts from science and society once again discussed material aspects of sustainability with BASF’s Board of Executive Directors in order to enhance BASF’s sustainability strategy. For example, a Stakeholder Advisory Council discussion on the topic “partnering” prompted us to review and standardize our approach to dialog with neighbors at relevant sites around the world.
BASF takes an active part in the United Nations Global Compact: BASF’s Chairman of the Board of Executive Directors is a member of the United Nations Global Compact Board. In the worldwide network of Global Compact LEAD, we are involved in the creation of the Post-2015 Development Agenda and discussing possible global sustainability goals together with the other participants. BASF is also active in numerous local Global Compact networks.
Our lobbying and political communications are conducted in accordance with transparent guidelines and in keeping with our publicly stated positions. BASF does not in principle support political parties. The BASF Corporation Employees Political Action Committee, established by our employees in the United States, is an independent, federally registered employee association that collects donations for political purposes and independently decides how these are used.