Nonfinancial Statement (NFS) in Accordance with Sections 315b and 315c of the German Commercial Code (HGB)

The NFS disclosures can be found in the relevant sections of the Management’s Report and have been prepared in accordance with the appropriate frameworks: the Global Reporting Initiative Standards (“Comprehensive” application option) and the reporting requirements of the U.N. Global Compact.

The table on the following page shows the sections and subsections in which the individual disclosures can be found. In addition to a description of the business model, the NFS includes disclosures on the following matters, to the extent that they are required to understand the development and performance of the business, the Group’s position and the impact of business development on the following matters:

  • Environmental matters
  • Employee-related matters
  • Social matters
  • Respect for human rights
  • Anti-corruption and bribery matters

Within the scope of the audit of the annual financial statements, the external auditor KPMG checked pursuant to section 317(2) sentence 4 HGB that the NFS was presented in accordance with the statutory requirements. KPMG also conducted a substantive audit with limited assurance of the NFS. A report on this substantive audit can be found online at basf.com/nfs-audit-2018 and is part of the BASF Report 2018. The audit was conducted in accordance with ISAE 3000 (Assurance Engagements other than Audits or Reviews of Historical Financial Information) and ISAE 3410 (Assurance Engagements on Greenhouse Gas Statements), the relevant international auditing standards for sustainability reporting.

Nonfinancial Statement (NFS) disclosures in the relevant chapters of the integrated report

NFS disclosure

 

Topics

Concepts and results

 

 

 

 

Business model

 

The BASF Group

The BASF Group

 

 

 

 

Environmental matters

 

Process safety

Goals
Environmental Protection, Health and Safety , Safety in production

 

Emergency response and corporate security

Environmental Protection, Health and Safety , Emergency response and corporate security

 

Product stewardship

Goals
Environmental Protection, Health and Safety , Product stewardship

 

Transportation and storage

Environmental Protection, Health and Safety , Transportation and storage

 

Energy and climate protection

Goals
Environmental Protection, Health and Safety , Energy and climate protection

 

Emissions to air

Environmental Protection, Health and Safety , Emissions to air

 

Management of waste and contaminated sites

Environmental Protection, Health and Safety , Management of waste and contaminated sites

 

Water

Goals
Environmental Protection, Health and Safety , Water

 

Portfolio management

Goals
Portfolio management

 

Supplier management

Goals
Supplier Management

 

 

 

 

Employee-related matters

 

Occupational safety

Goals
Environmental Protection, Health and Safety , Occupational safety

 

Health protection

Goals
Environmental Protection, Health and Safety , Health protection

 

Employee engagement

Employee engagement

 

What we expect from our leaders

What we expect from our leaders

 

Inclusion of diversity

Goals
Inclusion of diversity

 

Competition for talent

Competition for talent

 

Learning and development

Learning and development

 

Compensation and benefits

Compensation and benefits

 

Dialog with employee representatives

Dialog with employee representatives

 

Global labor and social standards

Global labor and social standards

 

Supplier management

Goals
Supplier Management

 

 

 

 

Social matters

 

Social commitment

Society

 

 

 

 

Respect for human rights

 

Responsibility for human rights

Responsibility for human rights

 

Global labor and social standards

Global labor and social standards

 

Supplier management

Goals
Supplier Management

 

 

 

 

Anti-corruption and bribery matters

 

Compliance

Compliance

 

Supplier management

Goals
Supplier Management