Universal Standards
Universal Standards |
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Comment |
Global Compact Principles |
SDG |
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2-1 |
Organizational details |
About this Report: Data |
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2-2 |
Entities included in the organization's sustainability reporting |
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2-3 |
Reporting period, frequency and contact point |
Back cover |
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2-4 |
Restatements of information |
Sustainability Along the Value Chain: Energy and Climate Protection: Table: BASF Group’s greenhouse gas emissions according to the Greenhouse Gas Protocol |
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2-5 |
External assurance |
About This Report: Content and structure |
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2-6 |
Activities, value chains and other business relationships |
BASF Group: Sites and Verbund |
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. |
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2-7 |
Employees |
Sustainability Along the Value Chain: Employees: Number of employees |
Since the number of permanent employees is largely identical to the total number of employees, the breakdown by region and gender largely corresponds to the information required under a. above. Consequently, a separate breakdown for permanent employees is not provided. |
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2-8 |
Workers who are not employees |
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At BASF SE, we only deploy relatively few staff from employment agencies (compared with the number of our own employees). We only work together with counterparties that are bound by collective agreements. |
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2-9 |
Governance structure and composition |
Our Sustainability Concept: Our organizational and management structures |
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2-10 |
Nomination and selection of the highest governance body |
Corporate Governance Report: Graphic: Two-tier management system of BASF SE |
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5, 16 |
2-11 |
Chair of the highest governance body |
Management and Supervisory Boards: Board of Executive Directors |
Not applicable, as the chair of the Supervisory Board is not a senior executive. |
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16 |
2-12 |
Role of the highest governance body in overseeing the management of impacts |
Our Sustainability Concept: Our organizational and management structures |
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2-13 |
Delegation of responsibility for managing impacts |
Our Sustainability Concept: Our organizational and management structures |
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2-14 |
Role of the highest governance body in sustainability reporting |
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The report is discussed and released in a reading by the entire Board of Executive Directors. |
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2-15 |
Conflicts of interest |
Corporate Governance Report: Direction and management by the Board of Executive Directors |
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16 |
2-16 |
Communication of critical concerns |
Sustainability Along the Value Chain: Employees: Employee engagement |
Sustainability is integrated into our major decision-making processes. The Board of Executive Directors is informed as part of standard processes. |
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2-17 |
Collective knowledge of the highest governance body |
Our Sustainability Concept: Our organizational and management structures |
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2-18 |
Evaluation of the performance of the highest governance body |
Corporate Governance Report: Graphic: Two-tier management system of BASF SE |
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2-19 |
Remuneration policies |
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2-20 |
Process to determine remuneration |
Sustainability Along the Value Chain: Employees: Compensation and benefits |
Due to the heterogenous nature of legal requirements around the world, this dialog is implemented in accordance with the statutory framework by the countries and companies responsible in each case. |
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2-21 |
Annual total compensation ratio |
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Fair compensation is a relevant topic for BASF. This includes aspects of internal (distribution) equity and socially acceptable minimum compensation. |
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2-22 |
Statement on sustainable development strategy |
Letter from the Chairman of the Board of Executive Directors |
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2-23 |
Policy commitments |
Material topics in focus: Our Values and Global Standards |
BASF’s human rights position was further developed as part of the implementation of the requirements of the SCA and approved by the Board of Executive Directors in November 2022. The updated version of the policy commitment is available externally at www.basf.com/humanrights. |
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2-24 |
Embedding policy commitments |
Material topics in focus: Our Values and Global Standards |
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2-25 |
Processes to remediate negative impacts |
Material topics in focus: Our Values and Global Standards |
Our strategic evaluation process to define new focus topics along the value chain was discussed by the Corporate Sustainability Board, the Stakeholder Advisory Panel as well as by the Board of Executive Directors, among other bodies.The Board of Executive Directors resolved on the further course of action. |
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2-26 |
Mechanisms for seeking advice and raising concerns |
Material topics in focus: Our Values and Global Standards |
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2-27 |
Compliance with laws and regulations |
Any risks from litigation or claims are disclosed in the Notes to the Consolidated Financial Statements. |
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2-28 |
Membership associations |
Material topics in focus: Occupational Safety, Process Safety and Health Protection: Emergency Response, Corporate and Cyber Security |
Overview of networks in which BASF is active: https://www.basf.com/global/en/who-we-are/sustainability/management-goals-and-dialog/networks.html |
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2-29 |
Approach to stakeholder engagement |
Our Sustainability Concept: Our strategic approach |
We have defined persons responsible for dialog with individual stakeholder groups. These engage in constructive dialog with stakeholders relevant to BASF (e.g., between employee and employer representatives, between business units and customers, with politics, investors, the media and other social stakeholders). |
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2-30 |
Collective bargaining agreements |
Sustainability Along the Value Chain: Employees: Mutual respect and open dialog |
92% of employees are employed by a company where working conditions are based on a collective agreement with trade unions or agreements with an internal employee representative body. |
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