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Développement Durable

BASF is member of the G7 Business for Inclusive Growth (B4IG) coalition 

Business for Inclusive Growth (B4IG) is a global coalition, powered by the OECD. It aims to pool and strengthen efforts by private companies to reduce inequalities linked to opportunity, gender and territories, and to build greater synergies with government-led efforts. B4IG was launched in presence of President of France Emmanuel Macron on August 23, 2019 ahead of the G7 Leaders’ Summit in Biarritz.

The Business for Inclusive Growth (B4IG) business coalition was launched in connection with the G7 Leaders’ Summit in Biarritz, France 

In recognition of record-high levels of inequality, a coalition of 40 leading international companies has committed to step up business action to advance human rights throughout their value chains, build inclusive workplaces and strengthen inclusion in their internal and external business ecosystems. In doing so, they will advance G7 government-led efforts to strengthen equality of opportunity, tackle regional disadvantages and fight gender discrimination. 

The B4IG coalition is the first public-private initiative on global level of its kind. It gathers 40 members investing a combined total of USD 1.4 billion in more than 70 inclusive growth initiatives, benefiting more than 100 million people to date. The OECD is providing the analytical arm and the measuring mechanism to ensure impact from the actions of B4IG, as well as the links to policies in member and partner countries.

At BASF we are convinced that successful business is only possible within inclusive societies on a healthy planet. We have joined B4IG to work hand in hand with public and private partners for economic growth reaching all levels of society.

Dr. Martin Brudermüller
Martin Brudermüller
CEO and Chief Technology Officer, BASF SE

The coalition’s strategy rests on three pillars

  • A Business Pledge Against Inequalities to advance human rights in direct operations and supply chains, build inclusive workplaces and promote inclusion in company value chains and business ecosystems;
  • An incubator to design or expand new inclusive business models. The incubator will strengthen, scale up and replicate projects of B4IG member companies, and provide a space for co-creation of new inclusive business solutions.
  • An inclusive growth financing forum to promote innovative financing mechanism between business, governments and philanthropic actors. It will seek to leverage the fast-growing impact investing market. 

BASF chairs the B4IG Task Force “Impact Measurement”, also linking it to its activities in the the Value Balancing Alliance, and participates in the Working Groups “Inclusive Workplaces” and “Human Rights”. 

BASF projects submitted to B4IG Incubator

 

1. Waste-to-Chemicals Nigeria

This project utilizes plastic waste materials as a resource in a chemical process. We will work with a social entrepreneur and set up a dedicated upstream recycling hub which will process waste required by the pyrolysis unit. The project partner, Wecyclers, a social entrepreneur, places a high emphasis on gender equality with a focus on empowering women and ensuring that they earn decent wages. As the surge of plastic waste is endemic to all countries across the globe at varying levels, there is therefore, huge potential for this project to be scaled up across Africa and globally in an economically viable model.

The project aims to deploy 3 micro recycling hubs for plastic waste by Q1 2021, and each hub will recycle up to 5 tons of plastic wastes per day. The first facility will employ 50 direct employees and support over 200 waste pickers. The first facility will employ 50 direct employees and support over 200 waste pickers. This will pave the way for the establishment of 50-60 micro hubs then set up by local governments, NGOs, social entrepreneurs. 

 

2. Drones for Smallholder Farmers Colombia

An inclusive business model in development in Colombia to potentially be replicated in other geographies. Farmers test the application of crop protection products with drones and are trained on responsible use of crop protection products. It fits well to the B4IG idea of business model development and need for cooperation with authorities as supporting legislation in many countries is missing.