Stakeholder Engagement
At a glance
- Dialog with various stakeholder groups with a focus on contributing to the U.N. Sustainable Development Goals (SDGs)
- The Stakeholder Advisory Council’s focus areas: climate protection, the energy transformation and social responsibility
We leverage the expertise of our stakeholders in our own advisory bodies, global networks and worldwide initiatives and actively engage in dialog, contributing our expertise.
For instance, we have been a member of the U.N. Global Compact since its establishment in 2000. BASF consistently supports the U.N. Global Compact’s 10 principles of responsible business conduct and the Sustainable Development Goals. In addition, we are participating in the pilot phase of the U.N. Global Compact’s new reporting format and are active in 13 local Global Compact networks.
In 2022, we again discussed relevant sustainability topics with our Stakeholder Advisory Council (SAC). Based on this joint dialog, BASF’s sustainability management is critically reviewed and systematically enhanced and refined. The tenth meeting focused on the significance and aspects of the societal dimension of sustainable development.
Topics discussed by the Human Rights Advisory Council included particular challenges in the battery materials value chain.