Procurement

BASF in Greater China 2024

BASF aims to improve its supply chain sustainably and exceed customer expectations through its industry collaborations and digitalization approaches.

BASF Corporate Commitment

We source responsibly

BASF is committed to improving sustainability in the overall supply chain of the chemical industry by having suppliers adhere to internationally recognized environmental, social, and governance (ESG) standards and regulations.

BASF launched “MyCarbonFootprint”digital platform to enable sustainable procurement.

Sustainable procurement and supplier management

BASF is committed to improving sustainability in the overall supply chain of the chemical industry by having suppliers adhere to internationally recognized environmental, social, and governance (ESG) standards and regulations. We focus on the potential to reduce upstream, raw materials-related carbon emissions, thus contributing to our new raw materials-related climate protection target defined in 2023.

Set targets to reduce specific Scope 3.1 emissions1 by 15% by 2030 and to achieve net zero Scope 3.1 emissions¹ by 2050

_{¹Scope 3.1, raw materials excluding battery materials, excluding services and technical goods, excluding greenhouse gas emissions from BASF trading business.}

Increasing the use of renewable energy and raw materials

BASF is committed to climate protection and aims to achieve net zero CO2 emissions by 2050¹. Increasing the use of renewable energy and materials is one key lever to achieving the company’s net zero emissions targets.

In the transformation of our power supply, BASF pursues a “make and buy” approach. Firstly, BASF invests in its own renewable power assets. Secondly, BASF purchases green power on the market through long-term supply agreements with plant operators, power purchase agreements (PPA) or renewable energy certificates, depending on the region and market regulations.

_{¹Scope 1, Scope 2, and Scope 3 (excluding the sale of energy to third parties, including offsetting). The target includes greenhouse gases according to the Greenhouse Gas Protocol, which are converted into CO2 equivalents (CO2e).}