Identification and Management of Sustainability Issues
The materiality analysis helps us recognize and assess sustainability issues early on: We examine our internal and external stakeholders’ expectations and requirements, along with issues that could represent opportunities or risks for our operations now and in the future.
We updated our materiality analysis in 2013. Approximately 350 external stakeholders worldwide, as well as around 90 experts and managers from various functions within the company, provided information on 38 issues potentially relevant for BASF. The participants rated them in terms of their current and future relevance for BASF. The materiality matrix shows how these sustainability issues were ranked. All topics shown in the matrix are relevant both for our stakeholders and for BASF.
Afterward, we discussed the results of the materiality matrix in workshops with participants from different BASF specialist units and identified overarching material aspects. The evaluation focused primarily on how BASF’s business is impacted by these issues. Material aspects were identified as: employment and employability, energy and climate, food, operational excellence, responsible partnering, products and solutions, resources and ecosystems, and water. We are continuing to identify BASF’s influence on these material aspects. We use the materiality analysis to constantly enhance our sustainability management.
Agricultural Practices | BASF Crop Protection | |
Biodiversity Loss | Biodiversity | |
Climate Change and Global Warming | Climate protection at BASF | |
Compliance |
Compliance |
|
Consumer Education |
Product Stewardship | |
Corporate Governance |
Corporate governance | |
Emerging Markets |
Business expansion in emerging markets | |
Employability |
Labor and social standards in BASF Group | |
Energy Consumption and Efficiency |
Climate protection at BASF | |
Gender Diversity and Equal Opportunities |
Diversity + Inclusion | |
Human Rights |
Labor and social standards in BASF group | |
Labor and Social Policy Rights |
Labor and social standards in BASF group | |
Land Use Change |
Biodiversity | |
Life Cycle Thinking in Value Chain |
||
Malnutrition |
||
Occupational Health and Safety |
Taking Responsibility for People | |
Opportunities from Technologies and Products |
Products & Industries | |
Partnering and Multistakeholder Collaboration |
Stakeholder Networks | |
Political Shifts and Dynamics |
||
Population Growth and Urbanization |
Creating Chemistry | |
Poverty |
BASF Stiftung – International Projects | |
Product Stewardship |
Product Stewardship | |
Public Health and Safety |
||
Rebound Effect |
||
Regulatory Environment |
Advocacy | |
Renewable Bio-Based Materials |
Renewable raw materials | |
Renewable Sources of Energy |
Creating Chemistry | |
Resource Scarcity |
Resource conservation | |
Risk of Technologies and Products |
Product Stewardship | |
Security |
Emergency Response | |
Socially Responsible Investment |
Economic Dimension | |
Sufficiency and Post-Growth Economics |
||
Sustainability Valuation |
Quantifying Sustainability | |
Sustainable Production |
||
Trust and Reputation |
Good Neighbors | |
Waste |
Efficient processes for companies and the environment | |
Water Pollution |
Water | |
Water Scarcity |
Water |