BASF Report 2021


All information and bases for calculation in this report are founded on national and international standards for financial and sustainability reporting. The data and information for the reporting period were sourced from the expert units responsible using representative methods. Due to rounding, individual figures may not add up exactly to the totals shown and percentages may not correspond exactly to the figures shown.

The reporting period is the 2021 business year. Relevant information is included up to the editorial deadline of February 21, 2022.

BASF Group’s scope of consolidation for its financial reporting comprises BASF SE, with its headquarters in Ludwigshafen, Germany, and all of its fully consolidated subsidiaries and proportionally consolidated joint operations. Shares in joint ventures and associated companies are accounted for, if material, using the equity method in the BASF Group Consolidated Financial Statements and are thus not included in the scope of consolidation.

The section “Employees” refers to employees active in a company within the BASF Group scope of consolidation as of December 31, 2021.

Our data collection methods for environmental protection and safety are based on the recommendations of the International Council of Chemical Associations (ICCA) and the European Chemical Industry Council (CEFIC). In the section “We Produce Safely and Efficiently,” we report all data of the worldwide production sites of BASF SE, its fully consolidated subsidiaries, and proportionally consolidated joint operations. BASF SE subsidiaries that are fully consolidated in the Group financial statements in which BASF holds an interest of less than 100% are included in full in environmental reporting. The emissions of proportionally consolidated joint operations are disclosed pro rata according to our interest. Work-related accidents at all sites of BASF SE and its subsidiaries as well as joint operations and joint ventures in which we have sufficient authority in terms of safety management are compiled worldwide regardless of our interest and reported in full. Unless otherwise indicated, data on social responsibility and transportation safety refers to BASF SE and its consolidated subsidiaries.

The divested pigments business is included in the disclosures and indicators on employees, the environment, and health and safety on a pro rata basis until June 30, 2021. Sales from the divested pigments business are no longer integrated in the portfolio to be evaluated under the Sustainable Solution Steering method for 2021. BASF Shanshan Battery Materials Co., Ltd., which was formed on August 31, 2021, is included in the sustainability disclosures and indicators on a pro rata basis. The company’s sales to third parties are already included in the sum of relevant sales according to the Sustainable Solution Steering method. They are listed as “not assessed.” We will start classification in 2022.