How we create value BASF’s success is supported by both financial and nonfinancial value drivers such as environmental, production-related, personnel and knowledge�-based factors, along with aspects of society and partnerships. We want to understand the relationships between these and derive measures to increase the positive impact of our actions and further minimizing the negative effects. This intention forms the basis of our integrated reporting. The following overview provides examples of how we create value for our company, the environment and society. It is modeled on the framework of the International Integrated Reporting Council (IIRC). Both financial and nonfinancial value drivers form the foundation of our actions. Our business model transforms these principles and actions into results. Download full graphic Our foundation Our business model Our results €34.8 billion in equity read more €1.9 billion spent on research and development read more €4.4 billion invested in property, plant and equipment and intangible assets (including acquisitions) read more €10,6 billion in personnel expenses read more €38 billion worth of raw materials, goods and services purchased for own production read more €234 million invested in environmental protection read more 30,000 different raw materials procured read more 5% of raw materials purchased worldwide from renewable resources read more 1,816 million m3 of water abstracted read more 15.1 million MWh of electricity demand read more 39.7 million MWh of steam demand read more 109 environmental, safety and security audits performed at 83 sites read more 44 occupational medicine and health protection audits and health performance control visits read more Training: > 72,000 enrollments in information protection courses read more Employees and contractors worldwide participated in the global safety initiative with over 930 activities at around 360 sites read more 115,490 employees worldwide read more 3,103 apprentices read more Around 10,000 employees in research and development read more 84.6% of our senior executives have international experience read more Numerous offerings for balancing personal and professional life worldwide read more Our stakeholders include customers, employees, suppliers and shareholders, as well as representatives from academia, industry, politics, society and the media read more Over 70,000 suppliers read more around 90% of raw materials, goods and services for own production sourced locally read more 120 raw material supplier sites audited read more >50 external compliance hotlines read more Corporate Governance 5 segments read more 13 operating divisions read more 86 strategic business units read more Chemicals Performance Products Functional Materials & Solutions Agricultural Solutions Oil & Gas read more Intelligent Verbund system 6 Verbund sites and 347 additional production sites worldwide read more BASF Group companies in more than 80 countries read more Our corporate purpose: We create chemistryfor a sustainable future Around 130,000 customers With our broad portfolio, we serve customers from many different sectors – from major global customers, small and medium-sized enterprises to end consumers Market success based on strategic principles We add value as one company We innovate to make our customers more successful We drive sustainable solutions We form the best team read more Values guide our conduct and actions Creative Open Responsible Entrepreneurial read more €64.5 billion in sales, of which around €9 billion from innovations that we have launched in the past five years read more €8.5 billion in EBIT €8.3 billion in EBIT before special items read more Net income of €6.1 billion read more €3.10 dividend per share read more €1.4 billion in income taxes read more 1,766 million m3 of water discharged read more Greenhouse gas emissions: 22.6 million metric tons of CO2 equivalents read more 19.2 million MWh fuel saved through Verbund system read more Customers’ use of BASF’s climate protection products avoids 570 million metric tons of CO2 equivalents read more Number of lost-time injuries per one million working hours 1.4 read more 0 transportation incidents with significant impact on the environment read more Process safety incidents: 2.0 per one million working hours read more Over 60,000 product applications assessed and rated for aspects of sustainability read more Around 3,000 projects in the research pipeline read more Around 800 patents filed worldwide read more 20.5% Proportion of women in executive positions read more 38.9% Proportion of non-German senior executives read more €56.0 million spent on donations and sponsorship read more Involved in U.N. Global Compact since 2000 read more Around 600 universities, research institutions and companies within our global network read more In 1 case we terminated our collaboration with suppliers as a result of unsatisfactory sustainability performance read more 290 phone calls and emails received by external compliance hotlines read more back