The content of this section is not part of the statutory audit of the annual financial statements but has undergone a separate limited assurance by our auditor.
The content of this section is voluntary, unaudited information, which was critically read by the auditor.
Quick links — Our economic and sustainability performance
Services & Tools
BASF Report 2024
AI-powered chatbot for plants
With the help of artificial intelligence (AI), BASF is increasing productivity and accelerating innovation. One example of this is PlantGPT. This digital assistant helps employees in BASF production plants to work faster and with greater efficiency. The application searches through thousands of documents – from training materials, safety instructions and process descriptions to event logs – and answers all relevant questions about the plant within seconds, based on real-time data. This not only makes everyday life in the control room easier, but also helps the team to rapidly familiarize new colleagues with the plant. PlantGPT was developed by the acetylene plant team in Geismar, Louisiana, in close collaboration with BASF digitalization experts in Ludwigshafen, Germany, and Madrid, Spain. BASF plans to implement the innovative AI solution in up to 35 additional plants worldwide by the end of 2025.
At a Glance
BASF Group 2024 at a glance
CEO statement
BASF showed very strong performance again in 2024. The BASF team performed well in a very difficult market environment for the chemical industry.
Dr. Markus Kamieth
Chairman of the Board of Executive Directors of BASF SE
Key Figures
€
7.9
billion
EBITDA before special items
€
0.7
billion
Free cash flow
€
2.25
per share
Dividend proposed by the Board of Executive Directors
17.0
million metric tons
Greenhouse gas emissions (CO2 equivalents)
46.3
%
Sales attributable to Sustainable-Future Solutions
5.1
%
ROCE
ESRS Standards
Environment
Social
Governance
Sections in the BASF report
Choose a standard
E1 Climate Change
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Targets
Further information on the targets we are pursuing regarding this topic can be found here.E2 Pollution Prevention
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Targets
Further information on the targets we are pursuing regarding this topic can be found here.Substances of Concern or of Very High Concern
Further information on substances of concern or of very high concern can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Target
Further information on the target we are pursuing regarding this topic can be found here.E4 Biodiversity and Ecosystems
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Targets
Further information on the targets we are pursuing regarding this topic can be found here.E5 Resource Use and Circular Economy
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Targets
Further information on the targets we are pursuing regarding this topic can be found here.S1 Own Workforce
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Targets
Further information on the targets we are pursuing regarding this topic can be found here.S2 Workers in the Value Chain
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Targets
Further information on the targets we are pursuing regarding this topic can be found here.S3 Affected Communities
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Global Targets
Further information on the targets we are pursuing regarding this topic can be found here.G1 Business Conduct
Further information on this topic standard can be found here.Strategy and Governance
Further information on BASF's strategies on this topic can be found here.Strategy
Value creation in transition
The green transformation
We want to be the preferred chemical company to enable our customers’ green transformation.
Upstream value chain
Own production
Downstream value chain
Societal acceptance of our business activities (license to operate)
How We Create Value
Business Model
How We Create Value