BASF – A Sustainable Investment
At a glance
- CDP again awards BASF Leadership status
- BASF again achieves “Prime” status in ISS ESG rating
BASF has participated in the program established by the international organization CDP (formerly the Carbon Disclosure Project) for reporting on data relevant to climate protection since 2004. CDP represents over 680 investors with over $130 trillion in assets and more than 280 major organizations with $6.4 trillion in purchasing power. In 2022, BASF again scored A– on CDP’s Climate List, giving it Leadership status. Among other things, the assessment considers the transparency of emissions reporting, the handling of risks and opportunities arising from climate change, the climate protection strategy and CO2 reduction measures.
BASF achieved the top rating of A in the CDP assessment for sustainable water management (previous year: A–). The assessment takes into account how transparently companies report on their water management activities and how they reduce risks such as water scarcity. CDP also evaluates the extent to which product developments can contribute to sustainable water management for customers of the companies assessed. BASF continues to implement its sustainable water management target at all relevant production sites.
BASF participated in the CDP’s “Forests” assessment for the third time in 2022 and was ranked A–, as in previous years. BASF is committed to ending deforestation in the relevant businesses in which it is active. As such, BASF is one of the companies with Leadership status in this area as well.
BASF again achieved Prime status in the ISS ESG rating developed by Institutional Shareholder Services and is among the top 7% of the companies assessed. BASF received special recognition for addressing key sustainability issues such as environmental management, energy efficiency and business ethics with a comprehensive set of measures and processes.
In Sustainalytics’1 ESG Risk Ratings, BASF belongs to the best category for “diversified chemicals” with a medium ESG risk and was recognized for its risk management, for example, in the areas of CO2 emissions, wastewater and waste, as well as occupational health and safety.
BASF is participating in a pilot project on the U.N. Global Compact’s new reporting format. We consistently support the U.N. Global Compact and its 10 principles of responsible business conduct and the Sustainable Development Goals.
- More information on the key sustainability indexes
- More information on energy and climate protection
- More information on emissions to air, waste and remediation
- More information on water
- More information on the procurement of certified palm oil and palm kernel oil
1 Sustainalytics provides institutional investors and companies with ESG research, ratings and analytics.