GRI and Global Compact Index
General standard disclosures
Global Compact Principles |
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General Standard Disclosures |
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Comment |
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Strategy and Analysis |
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G4-1 |
Letter from the Chairman of the Board of Executive Directors |
7 |
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G4-2 |
Strategy |
22 |
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Organizational Profile |
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G4-3 |
19 |
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G4-4 |
19 |
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G4-5 |
19 |
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G4-6 |
19 |
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G4-7 |
19 |
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G4-8 |
19 |
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G4-9 |
The BASF Group |
19 |
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6 |
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G4-10 |
Working at BASF: Graphic: BASF Group employees by region |
40 |
At our worldwide largest Verbund site in Ludwigshafen, we hire only relatively few employees subject to directives from counterparties (compared with our total workforce). We only work together with counterparties that are bound to collective agreements. |
3 |
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G4-11 |
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90% of employees are working at a company in which working conditions are based on a collective contract or an agreement with in-house workersrepresentatives. (In a deviation from the scope of consolidation outlined in the annual report, these figures do not reflect the newly acquired Chemetall businesses). |
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G4-12 |
92 |
The Procurement unit supports BASF’s business units in developing sustainable solutions so they can stand out from the competition in addressing market-specific requirements. |
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G4-13 |
The BASF Group: Organization of BASF Group |
19 |
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G4-14 |
Responsible Care Management System: Strategy; Audits |
96 |
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G4-15 |
Working at BASF: Global labor and social standards |
45 |
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G4-16 |
Sustainability management: Engaging stakeholders |
30 |
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Identified Material Aspects and Boundaries |
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G4-17 |
4 |
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G4-18 |
About this report: Content and structure |
3 |
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G4-19 |
Our strategy: Corporate strategy |
23 |
Our material topics are: energy, water, resources and ecosystems, responsible production, products and solutions, partnerships, employment and employability. |
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G4-20 |
Our strategy: Corporate strategy |
23 |
For our material topics and the focus of our activities along the value chain, see here |
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G4-21 |
Our strategy: Corporate strategy |
23 |
For our material topics and the focus of our activities along the value chain, see here |
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G4-22 |
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G4-23 |
29 |
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Stakeholder Engagement |
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G4-24 |
30 |
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G4-25 |
30 |
We defined persons in charge of dialog with the respective stakeholder groups. They engage in constructive dialogs with stakeholders relevant for BASF (for example, between employee and employer representatives, between business units and customers, dialog with politicians, investors, journalists and other societal stakeholders). |
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G4-26 |
Sustainability management: Engaging stakeholders |
30 |
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G4-27 |
Working at BASF: Global Employee Survey; |
44 |
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Report Profile |
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G4-28 |
4 |
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G4-29 |
4 |
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G4-30 |
4 |
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G4-31 |
Cover |
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G4-32 |
3 |
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G4-33 |
4 |
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Governance |
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G4-34 |
Sustainability management: Strategy |
29 |
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G4-35 |
Sustainability management: Strategy |
29 |
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G4-36 |
Sustainability management: Strategy |
29 |
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G4-37 |
Sustainability management: Engaging stakeholders |
30 |
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G4-38 |
Management and Supervisory Boards: Board of Executive Directors |
136 |
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G4-39 |
Management and Supervisory Boards: Board of Executive Directors |
136 |
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G4-40 |
Corporate governance report: Graphic: Two-tier management system of BASF SE |
128 |
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G4-41 |
Corporate governance report: Direction and management by the Board of Executive Directors; Graphic: Two-tier management system of BASF SE |
127 |
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G4-42 |
Sustainability management: Strategy |
29 |
Sustainability is integrated in our major decision-making processes. This is why the Board of Executive Directors regularly discusses and decides on sustainability issues such as the new Value to Society approach. |
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G4-43 |
30 |
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G4-44 |
Corporate governance report: Graphic: Two-tier management system of BASF SE |
128 |
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G4-45 |
Sustainability management: Strategy |
29 |
Our strategic evaluation process to define new main topics along the value chain was discussed, for example, by the Corporate Sustainability Board, the Stakeholder Advisory Panel as well as by the Board of Executive Directors. The Board of Executive Directors decided on the further procedure. |
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G4-46 |
Opportunities and risks report |
111 |
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G4-47 |
Sustainability management: Strategy |
29 |
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G4-48 |
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The report is discussed and released in a reading by the entire Board of Executive Directors. |
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G4-49 |
44 |
Sustainability is integrated in our major decision-making processes. The Board of Executive Directors is informed as part of standard processes. |
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G4-50 |
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This information is confidential. |
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G4-51 |
138 |
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G4-52 |
138 |
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G4-53 |
Corporate governance report: Supervision of company management by the Supervisory Board; |
128 |
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G4-54 |
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Fair compensation is an important topic for BASF. It includes aspects of internal (distribution) equity and socially acceptable minimum compensation. Our compensation is based on three principles: effectiveness, market and performance orientation. Additionally, it is our concern that minimum standards for compensation are complied with and possibly exceeded. As part of global monitorings, BASF regularly checks on compliance with minimum standards. However, BASF does not consider the required compensation indicators listed in G4-54 and G4-55 as convincing in order to evaluate compensation structures regarding their fairness. |
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G4-55 |
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Fair compensation is an important topic for BASF. It includes aspects of internal (distribution) equity and socially acceptable minimum compensation. Our compensation is based on three principles: effectiveness, market and performance orientation. Additionally, it is our concern that minimum standards for compensation are complied with and possibly exceeded. As part of global monitorings, BASF regularly checks on compliance with minimum standards. However, BASF does not consider the required compensation indicators listed in G4-54 and G4-55 as convincing in order to evaluate compensation structures regarding their fairness. |
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Ethics and Integrity |
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10 |
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G4-56 |
Working at BASF: What we expect from our leaders |
42 |
All employees are instructed on the contents of our code of conduct upon joining the company. They are obligated to attend refresher training every three years. |
10 |
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G4-57 |
Sustainability management: Engaging stakeholders |
30 |
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10 |
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G4-58 |
Sustainability management: Engaging stakeholders |
30 |
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