United Kingdom
Sustainability

Quantifying Sustainability

Sustainable development has been defined as the balance of economic success, ecological protection and social responsibility. To effectively manage sustainability, a company must be able to measure or otherwise quantify sustainability in each of these pillars.

Many shoppers know the feeling: "I want to buy a decent product that's good quality, worth the money, and manufactured in an environmentally and socially compatible way." But finding such a product is not generally easy. Glass or plastic? Petrol or bio-diesel? Chemical or fermentation processing? The results are sometimes surprising.

Though a number of different measurement and valuation methods exist, most of them are focused exclusively on ecological aspects, i.e. impact on climate, forest decline or water. However, methods developed on that basis reflect only a small part of what sustainability is all about: balancing environment, society and economics. The aim of BASF´s analysis methods is therefore to quantify corresponding aspects.

Value-to-Society

Our “Value-to society” assessment reflects BASF’s economic, social and environmental contribution to society along the value chain in monetary terms.

Eco-Efficiency Analysis

The purpose of Eco-Efficiency Analysis is to harmonize economy and ecology.

SEEBALANCE®

The analysis considers the three dimensions of sustainability: economy, environment and society. 

AgBalance™

A method to measure and assess sustainability in agriculture.

Product Carbon Footprint

How much greenhouse gas emissions are associated with a product along its life cycle?