Close Dialog with the Capital Market
At a glance
- Virtual formats facilitate dialog during coronavirus pandemic
- Capital Markets Day in March 2021, Investor Update in September 2021 and R&D Webcast in December 2021
Our corporate strategy aims to create long-term value. We support this strategy through regular and transparent communication with the capital market. In light of the coronavirus pandemic, we almost exclusively used virtual formats such as video or conference calls for dialog in 2021. We engage with institutional investors and rating agencies in numerous one-on-one meetings, as well as at roadshows and conferences worldwide, and give private investors an insight into BASF at informational events.
In March 2021, Dr. Martin Brudermüller presented our path and our ambitious climate neutrality targets at a virtual Capital Markets Day. BASF aims to achieve net zero CO2 emissions1 by 2050. Based on its progress in developing low-emission and carbon-free technologies, BASF is also setting an ambitious medium-term 2030 target for reductions in greenhouse gas emissions: BASF now wants to reduce its greenhouse gas emissions worldwide by 25% compared with 2018 – and to achieve this despite targeted growth and the construction of a large Verbund site in Zhanjiang, China. Dr. Markus Kamieth and Saori Dubourg also presented the Industrial Solutions and Nutrition & Care segments in more detail during the virtual Capital Markets Day.
At a virtual Investor Update in September 2021, Dr. Martin Brudermüller and Dr. Markus Kamieth informed investors about the BASF Group’s two major growth projects: our future Verbund site in Zhanjiang, China, and our battery materials activities.
Finally, Dr. Melanie Maas-Brunner offered analysts and investors an insight into the BASF Group’s research and development in December 2021. In a webcast, she presented, among other topics, contributions of research to sustainability in the field of electromobility.
Analysts and investors have confirmed the quality of our financial market communications. For instance, we were again named “Best IR” in the materials sector in the annual survey conducted by Britain’s IR Magazine.
1 Based on the BASF Group’s Scope 1 and Scope 2 emissions; other greenhouse gases are converted into CO2 equivalents in accordance with the Greenhouse Gas Protocol