About the company
BASF is the world’s largest publicly traded chemical company in terms of revenue. Its headquarters and main production site are located in Ludwigshafen, Germany. The company, which was founded in 1865, operates six large “Verbund” sites and another 234 production sites in a total of 93 countries. The company’s portfolio is comprised of six segments — chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions. The chemicals segment includes petrochemicals and intermediates.
Transparency
9 out of 25 points
Action points
- Start disclosing revenue connected to hazardous chemicals
- Report on the company’s global hazardous substances portfolio (beyond EU/US) on a substance-by-substance basis
- Include more hazard classes and report the produced volumes of hazardous substances leaving the facilities on a more detailed level, substance by substance
Phase-out of persistent chemicals
7 out of 25 points
Action points
- Start reporting and/or limit the share of revenue from persistent chemicals considerably
- The company specifically maps the presence of persistent chemicals, but should include a broader spectrum of persistent chemicals
- The company does produce persistent chemicals but has a timed phase-out plan, but should also include a broader spectrum of persistent chemicals in its plan
Product portfolio
2 out of 25 points
Action points
- Reduce the number of hazardous substances the company is using, producing and placing on the market
Safer solutions
5 out of 25 points
Action points
- Publicly commit not to develop or market new products containing hazardous substances. As a minimum, REACH candidate list substances must be excluded from such products
- Publicly commit to increasing the share of sales of safer solutions
- Increase the number of third-party verified safer solutions available
Category breakdown