Sustainability in Canada

Check out How to Launch a Plastics Circularity Pilot Industry Playbook developed by the Enabling a Circular Economy for Plastics Working Group, a collaborative initiative of Canadian industry co-chaired by BASF Canada and Global Compact Network Canada

BASF has developed a new method with external experts to perform the first monetary assessment of the economic, ecological, and social impacts of its business activities along the value chain: the “Value to Society” approach.

We want to measure the value proposition of our actions along the entire value chain, aware that our business activities are connected to both positive and negative impacts on the environment and society. 

BASF is a founding member of the Value Balancing Alliance, which aims to change the way companies report on their performance by introducing a global measurement that integrates sustainability into financial reporting. The result: a more holistic view of corporate activity – one that combines financial performance and contribution to society.

Together with Value Balancing Alliance, BASF Canada is leading the discussion with financial institutions, pension funds, and major asset owners in Canada to explore the potential of establishing a Canadian chapter of the Value Balancing Alliance. 

Check here the roundtable conversation between Marcelo Lu, President of BASF Canada; Christian Heller, CEO of Value Balancing Alliance; Toby Heaps, CEO of Corporate Knights, and Ambassador Sabine Sparwasser, among other experts.

BASF Canada accepted the award for the Large Enterprise Category

Our customers have been taking a greater interest in the business contribution to sustainability over the past decades and we are committed to understanding these evolving expectations. By identifying key drivers and challenges in a variety of industries, we are able to assess the sustainability contribution of each of our products in its specific application.

BASF contributes to a sustainable future with its innovations. We support the United Nations in the implementation of the UN Sustainable Development Goals (SDGs), which create the framework for sustainable business practices at the economic, social and environmental levels.

The Alliance to End Plastic Waste (AEPW) is made up of nearly thirty major global companies. They have committed over $1.0 billion with the goal of investing $1.5 billion over the next five years to develop, deploy and bring to scale solutions that will minimize and manage plastic waste and promote post-use solutions.

The Hiawatha First Nation celebrated a new solar installation on the Old Railroad Stop, the community’s flagship business and gathering place. The 22-kilowatt (kW) installation is made possible through support from BASF and Bullfrog Power, Canada’s leading renewable energy provider.

We recognize the important role that plastics play in our economy, as well as the importance of taking urgent action to address the threat of marine plastic litter. We are committed to taking a lifecycle approach to plastics stewardship on land and at sea. On this basis, we commit to the advancement of the objectives and commitments of the Ocean Plastics Charter within our respective jurisdictions and area of influence.