BASF Report 2023

Employee Engagement

BASF can rely on the engagement of its employees. Employee surveys and pulse checks are used as feedback tools to actively involve employees in shaping their working environment. The results are communicated to employees, the Board of Executive Directors and the Supervisory Board, among others.

We have performed regular global employee surveys since 2008, and since 2019, we have also recorded the employee engagement level as an index score based on the answers to five key questions. Overall, more than 84,400 employees worldwide participated in the 2023 survey (participation rate: 74%1). The survey revealed an engagement index of 79%, which constitutes a drop of two percentage points compared with the previous year (2022: 81%). Our aim is to get this score back above 80%, the target defined in the BASF strategy. We support our leaders in addressing topics that help to strengthen employee engagement together with their teams in a decentralized way. In addition, in 2023, we launched the centrally coordinated initiative “Learn from the Best.” As part of the initiative, BASF units from all regions that have achieved exceptionally high levels of employee engagement are presented. These examples serve not just as inspiration for others, but also promote cross-unit exchange.

1 The scope of employees surveyed goes beyond the scope of consolidation. However, there are exceptions for companies that represent joint ventures and joint operations, as well as companies held for sale.

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