Dr. Kurt BockChairman and Chief Executive Officer
BASF Corporation, Chief Financial Officer, BASF AG, on Sustainable Development:
“Sustainable development is an essential element of our vision and business objectives. As one of the four strategic pillars of BASF 2015, it requires the company to be responsible for equitably balancing economic success, environmental protection, and social responsibility.
Our commitment to sustainable development provides tremendous competitive advantages. It drives innovations in chemistry that improve the quality of life, opens market opportunities to develop eco-efficient products, and defines efficient uses of energy and raw materials. These practices result in long-term profitable performance and are fundamental to enhancing our leadership as The Chemical Company.
Achieving our sustainability goals is accomplished by a dedicated workforce. I am proud of our employees’ many efforts that include a constant focus on safety and environmental protection, waste minimization and process optimization programs, and stakeholder engagement through participation on site community advisory panels and other local activities.
I am optimistic about where we are headed and invite you to join me in building upon an already-strong foundation. Together we can—and must—make a difference for a sustainable future.”
Sustainable Development
Sustainable Development influences BASF’s business operations on three levels: it minimizes risk, boosts business and helps generate new business. Sustainable Development is a basic requirement for long-term success for us and for our customers.
As part of the education process for the employees and other stakeholders of BASF, we define the concept of Sustainable Development in North America as follows:
-
BASF, The Chemical Company, embraces Sustainable Development
as a core strategic guideline because it balances economic growth, environmental
protection and social responsibility.
- drives innovations in chemistry that improve the quality of life
- presents market opportunities for eco-efficient products and practices
that result in long-term profitable performance
- promotes the utilization of natural resources that meets the needs of the present while ensuring that the needs of future generations are met.
As an integral component of our decision-making process, Sustainable Development:
BASF is committed to shaping a sustainable future for its stakeholders.