BASF Report 2023

Close Dialog with the Capital Market

At a glance

  • Increased number of in-person investor events, complemented by virtual formats
  • Investor Updates in February 2023 and December 2023

Regular and transparent communication with the capital market is key to increasing long-term value. 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 2023, we increasingly offered physical formats again in addition to virtual formats such as video and conference calls.

In February 2023, Dr. Martin Brudermüller and Dr. Hans-Ulrich Engel presented concrete measures to increase BASF’s competitiveness in Europe as part of a virtual Investor Update. Detailed information was provided on a cost savings program in nonproduction units with a focus on Europe and on the adaptation of production structures at the Verbund site in Ludwigshafen, Germany.

As part of an Investor Update in the presence of analysts and investors in Ludwigshafen, Germany, in December 2023, Dr. Martin Brudermüller and Dr. Dirk Elvermann announced a more strongly differentiated approach to steering BASF operations and the new financial key performance indicators in the reporting and steering for the BASF Group, which will be used from 2024 onward. Furthermore, the progress made toward the corporate targets for Scope 1 and 2 emissions was presented and the targets for Scope 3.1 emissions were announced for the first time.1

Analysts and investors have again confirmed the quality of our financial market communications. At the Investors’ Darling awards ceremony, Manager Magazin presented BASF with special prizes for sustainability communications and digital communications. In addition, NetFed, a consultancy specializing in digital communications, awarded the BASF Investor Relations website second place in the IR Benchmark 2023.

1 Other greenhouse gases are converted into CO2 equivalents in accordance with the Greenhouse Gas Protocol.

CO2 equivalents
CO2 equivalents are units for measuring the impact of greenhouse gas emissions on the greenhouse effect. A factor known as the global warming potential (GWP) shows the impact of the individual gases compared with CO2 as the reference value.

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