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Latest Investor Releases
Business & Financial News | December 7, 2023
BASF provides update on implementation of corporate strategy and commits to targets for Scope 3.1 emissions
BASF is taking a further step on its path to net zero and has committed to targets for Scope 3.1 emissions. The announcement was made during an update for investors and analysts in Ludwigshafen at which Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE, and Dr. Dirk Elvermann, Chief Financial Officer, reported on progress in the implementation of the corporate strategy announced in 2018. Brudermüller and Elvermann outlined how the company is delivering on the priorities for the use of cash laid out in the strategy and also presented a new differentiated approach to steering businesses for more profitability.
Business & Financial News | December 5, 2023
Joint News Release:
Vattenfall and BASF to partner on German offshore wind farms Nordlicht 1 and 2
Vattenfall and BASF are in advanced and exclusive discussions to partner on the Nordlicht 1 and 2 projects through a sale of 49% of the project shares to BASF. Both parties signed a Memorandum of Understanding to formally express their joint ambition. Vattenfall will use its share of the fossil free electricity to supply its German customers. BASF will receive almost half of the produced electricity and supply its chemical production sites across Europe, in particular Ludwigshafen.