GRI and Global Compact Index The universal standards offer a general strategic overview of the organization’s sustainability. Universal Standards Link Page Comment Global Compact-Principles SDG Organizational Profile GRI 102-1 Name of the organization The BASF Group 20 GRI 102-2 Activities, brands, products, and services The BASF Group 20-22Integration of sustainability: Portfolio management based on sustainability performance 32 7 GRI 102-3 Location of headquarters About this report: Data 4The BASF Group 21 GRI 102-4 Location of operations The BASF Group 21 GRI 102-5 Ownership and legal form The BASF Group 22 GRI 102-6 Markets served The BASF Group 22 GRI 102-7 Scale of the organization The BASF Group 20-22Working at BASF: Number of employees 42Consolidated Financial Statements 168 GRI 102-8 Information on employees and other workers Working at BASF: Graphic: BASF Group employees by region 42Working at BASF: Vocational training; Table: BASF Group employees by contract type 43 At BASF SE we only deploy relatively few staff from employment agencies (compared to the number of our own employees). We only work together with counterparties that are bound to collective agreements. 6 8 GRI 102-9 Supply chain Suppliers: Worldwide procurement 93 The Procurement competence center supports BASF's business units in developing sustainable solutions so they can stand out from the competition in addressing market-specific requirements. GRI 102-10 Significant changes to the organization and its supply chain The BASF Group: Organization of BASF Group 20Working at BASF: Number of employees 42Suppliers: Worldwide procurement 93 GRI 102-11 Precautionary Principle or approach Responsible Care Management System 97Production: Introduction 98Production: Occupational safety 98Production: Process safety 99Production: Emergency response and corporate security 100Product stewardship 101Transportation and storage: Strategy 103Transportation and storage: Activities in external networks 103 GRI 102-12 External initiatives Working at BASF: Global labor and social standards 47Integration of sustainability 29 GRI 102-13 Membership of associations Integration of sustainability: Societal acceptance 29Production: Process safety 99Transportation and storage: Accident prevention and emergency response 103Transportation and storage: Activities in external networks 103 Strategy GRI 102-14 Statement from senior decision-maker Letter from the Chairman of the Board of Executive Directors 7 GRI 102-15 Key impacts, risks, and opportunities Opportunities and risks report 111 Ethics and Integrity GRI 102-16 Values, principles, standards, and norms of behavior Working at BASF: What we expect from our leaders 44Working at BASF: Global labor and social standards 47Compliance: Graphic: BASF's Code of Conduct 135 All employees are instructed on the contents of our code of conduct upon joining the company. They are obligated to attend refresher trainings every three years.In addition, all leaders and non-tariff employees confirm their adherence to our code of conduct every year. The members of the controlling body are informed about the contents of our Code of Conduct. 10 16 GRI 102-17 Mechanisms for advice and concerns about ethics Integration of sustainability: Societal acceptance 29Compliance: Monitoring adherence to our Compliance principles 136 10 16 Governance GRI 102-18 Governance structure Integration of sustainability: Strategy 29Integration of sustainability: Societal acceptance 29 GRI 102-19 Delegating authority Integration of sustainability: Strategy 29Integration of sustainability: Societal acceptance 29 GRI 102-20 Executive-level responsibility for economic, environmental, and social topics Integration of sustainability: Strategy 29Integration of sustainability: Societal acceptance 29 GRI 102-21 Consulting stakeholders on economic, environmental, and social topics Integration of sustainability: Societal acceptance 29Working at BASF: Global Employee Survey 47 16 GRI 102-22 Composition of the highest governance body and its committees Management and Supervisory Boards: Board of Executive Directors 137Management and Supervisory Boards: Supervisory Board 139 5, 16 GRI 102-23 Chair of the highest governance body Management and Supervisory Boards: Board of Executive Directors 137Management and Supervisory Boards: Supervisory Board 139 16 GRI 102-24 Nominating and selecting the highest governance body Corporate governance report: Graphic: Two-tier management system of BASF SE 128Corporate governance report: Supervision of company management by the Supervisory Board 129Corporate governance report: Competence profile, diversity concept and objectives for the composition of the Supervisory Board 130 5, 16 GRI 102-25 Conflicts of interest Corporate governance report: Direction and management by the Board of Executive Directors 127Corporate governance report: Graphic: Two-tier management system of BASF SE 128Corporate governance report: Supervision of company management by the Supervisory Board 129 16 GRI 102-26 Role of highest governance body in setting purpose, values, and strategy Integration of sustainability: Strategy 29Integration of sustainability: Societal acceptance 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. GRI 102-27 Collective knowledge of highest governance body Integration of sustainability: Societal acceptance 29 4 GRI 102-28 Evaluating the highest governance body’s performance Corporate governance report: Graphic: Two-tier management system of BASF SE 128Corporate governance report: Supervision of company management by the Supervisory Board 129Compensation report 140 GRI 102-29 Identifying and managing economic, environmental, and social impacts Integration of sustainability: Strategy 29Integration of sustainability: Societal acceptance 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. 16 GRI 102-30 Effectiveness of risk management processes Opportunities and risks report 111Corporate governance report: Direction and management by the Board of Executive Directors 127Corporate governance report: Supervision of company management by the Supervisory Board 129 GRI 102-31 Review of economic, environmental, and social topics Integration of sustainability: Strategy 29Integration of sustainability: Societal acceptance 29 GRI 102-32 Highest governance body’s role in sustainability reporting The report is discussed and released in a reading by the entire Board of Executive Directors. GRI 102-33 Communicating critical concerns Working at BASF: Global Employee Survey 47 Sustainability is integrated in our major decision-making processes. The Board of Executive Directors is informed as part of standard processes. GRI 102-34 Nature and total number of critical concerns This information is confidential. GRI 102-35 Remuneration policies Compensation report 140 GRI 102-36 Process for determining remuneration Compensation report 140 GRI 102-37 Stakeholders’ involvement in remuneration 16 GRI 102-38 Annual total compensation ratio 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: function-, 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 GRI 102-38 and GRI 102-39 as convincing in order to evaluate compensation structures regarding their fairness. GRI 102-39 Percentage increase in annual total compensation ratio 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: function-, 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 GRI 102-38 and GRI 102-39 as convincing in order to evaluate compensation structures regarding their fairness. Stakeholder engagement GRI 102-40 List of stakeholder groups Integration of sustainability: Societal acceptance 29 GRI 102-41 Collective bargaining agreements 91% of employees are working at a company in which working conditions are based on a collective contract or an agreement with in-house workersrepresentatives. 3 8 GRI 102-42 Identifying and selecting stakeholders Integration of sustainability: Societal acceptance 29 We defined persons in charge for 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). GRI 102-43 Approach to stakeholder engagement Integration of sustainability: Societal acceptance 29Customers: Customer industry orientation 34Working at BASF: Global Employee Survey 47Dialog with employee representatives 47 Due to our diverse customer sectors along with their different demands, there is no uniform customer satisfaction survey for the entire BASF Group. Customer satisfaction data is collected in a decentralized manner. GRI 102-44 Key topics and concerns raised Customers: Customer industry orientation 34Working at BASF: Global Employee Survey 47Dialog with employee representatives 47 Reporting Practice GRI 102-45 Entities included in the consolidated financial statements About this report: Data 4 GRI 102-46 Defining report content and topic Boundaries About this report: Content and structure 3Integration of sustainability: Strategy 29 GRI 102-47 List of material topics Our strategy: Corporate strategy 23Our strategy: Integration of sustainability 29 Our material topics are: energy, food, water, resources and ecosystems, responsible production, products and solutions, partnerships, employment and employability . GRI 102-48 Restatements of information Investments, acquisitions and divestitures 40Suppliers: Strategy 93Production: Occupational safety 98Production: Process safety 99 GRI 102-49 Changes in reporting About this report 2 GRI 102-50 Reporting period About this report: Data 4 GRI 102-51 Date of most recent report About this report: Data 4 GRI 102-52 Reporting cycle About this report: Data 4 GRI 102-53 Contact point for questions regarding the report Cover GRI 102-54 Claims of reporting in accordance with the GRI Standards About this report: Content and structure 3 GRI 102-55 GRI content index GRI and Global Compact Index GRI 102-56 External assurance About This Report: External audit and evaluation 4 back next
