BASF Report 2024

Metrics

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.

The data described here is from our annual data validation and quality assurance process for external reporting. The total number of employees as of December 31, 2024, was 111,822. This marks a decline compared with the 111,991 employees as of December 31, 2023. The decline was primarily due to retirements and departures due to dormant employment as well as measures in connection with the cost savings program focusing on Europe. Staff increases in Asia Pacific, especially for the new Verbund site in Zhanjiang, China, had an offsetting effect.

Expenses for wages and salaries, social security contributions and assistance, as well as for pensions in 2024 are reported in Note 27 to the Consolidated Financial Statements.

The following table illustrates the regional distribution of employees. We employed at least 10% of the BASF workforce in each of the three countries Germany, China and the United States.

Employeesa in countries and regions as of December 31, 2024

Regions

Europe

Asia Pacific

North America

South America, Africa and Middle East

Total

Employees

66,726

21,971

15,969

7,156

111,822

 

 

 

 

 

 

 

 

 

 

 

 

Countries that make up at least 10% of the total number of employees

Germany

China

United States

 

 

Employees

50,602

12,687

13,304

 

 

a

Recorded as head count

Employee dataa by gender as of December 31, 2024

Gender

Number of employees

Male

81,572

Female

30,250

Not disclosed

0

Totalb

111,822

a

Recorded as head count

b

Other: We currently do not record a third gender globally. We will regularly review the relevance of this category in external reporting.

We use the following definitions globally for employees of our company:

  • Permanent employees have an active contract for an unlimited period of time.
  • Temporary employees are employed by BASF on the basis of an individual agreement with a temporary employment contract.
  • Apprentices are employees who have temporary contract with BASF. In accordance with this contract, apprentices receive in-company vocational training as part of an accredited education program.
Employeesa by contract type and gender as of December 31, 2024

 

Male

Female

Not disclosedb

Total

Employees (total)

81,572

30,250

0

111,822

Permanent employees

78,081

28,695

0

106,776

Temporary employees

1,183

922

0

2,105

Apprentices

2,308

633

0

2,941

Non-guaranteed hours employees

0

0

0

0

a

Recorded as head count

b

Other: We currently do not record a third gender globally. We will regularly review the relevance of this category in external reporting.

Employee turnovera 2024

Average number of employees, BASF Group

111,744

Employees who had left the company as of December 31, 2024

7,996

Turnover rate as a percentage

7.2%

a

Recorded as head count

The rate of employee turnover according to the ESRS definition – the proportion of employees who left the company in 2024 – amounted to 7.2% globally.

We reviewed adequate wages at BASF Group companies in accordance with the ESRS definition. The review included the respective base salary and fixed guaranteed additional payments in the business year. Calculation of adequate wages in accordance with ESRS is not based on an annual target value.

For 2024, the review concluded that all employees receive adequate wages. Furthermore, BASF regularly reviews whether our employees around the world receive a wage that affords them and their families an adequate standard of living under the respective conditions (living wage).

Occupational safety and health metrics as of December 31, 2024

 

Employees

Number of fatalities as a result of work-related injuries and work-related ill health

0

Rate of recordable work-related injuriesa, b

3.78

Number of recordableb work-related injuries

753

Number of cases of recordableb work-related ill health

33

Number of days lost to work-related injuries

6,223

a

Per 1,000,000 working hours

b

Recordable includes all work-related injuries and cases of work-related ill health recorded in the system for BASF.

Safety is our top priority. Despite our considerable efforts, there were two fatal work-related injuries in 2024: A contractor was fatally injured on the major construction site in Zhanjiang, China. Another contractor was involved in a fatal traffic accident during a business trip in Vietnam.

In 2024, 79 cases of discrimination were reported to us. These were related to gender, age, nationality, disability, religion or worldview, sexual orientation or ethnicity; were racist in origin or related to other relevant forms of discrimination based on characteristics protected by law, including harassment as a specific form of discrimination.

In addition, 225 complaints related to the social factors or aspects mentioned in ESRS S1, paragraph 2, including human rights,7 were submitted via the BASF compliance grievance mechanism in the reporting period.

In 2024, there were no fines, sanctions or compensation payments in connection with these incidents.

In 2024, we did not identify any severe human rights-related incidents in relation to workers in our company.

7 These social factors or aspects include working conditions, equal treatment and opportunities as well as other work-related rights. For more information, see ESRS S1, paragraph 2.

ESRS
The European Sustainability Reporting Standards provide a framework for companies to report on environmental, social and governance topics. The standards were developed by the European Financial Reporting Advisory Group (EFRAG) and are binding for all companies subject to the Corporate Sustainability Reporting Directive (CSRD). For a comprehensive overview of the abbreviations and definitions used in the ESRS, see https://data.consilium.europa.eu/doc/document/ST-12481-2023-ADD-2/en/pdf)

This content fulfills the Disclosure Requirements of the European Sustainability Reporting Standards (ESRS). The  ESRS Index gives an overview of the references to the ESRSs in this report.

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(Consolidated) Sustainability Statement

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