Global
Investors

Goals

Business success tomorrow means creating value for the environment, society and business. We have set ourselves ambitious global targets along our entire value chain. We report transparently on our target achievement so that our customers, investors, employees and other stakeholders can track our progress. 

 

We want to grow faster than the market and thus be economically successful and profitable. Furthermore, we want to provide answers to the most pressing challenges of our time. To combat climate change and global warming, we have resolved to limit total greenhouse gas emissions from our production sites and our energy purchases to the 2018 level while growing production volumes. In other words, we want to decouple greenhouse gas emissions from organic growth. We have also defined targets for safety for people and the environment, a sustainable product portfolio, responsible procurement, sustainable water management, engaged employees, and inclusion of diversity. 

The objective of these targets is to steer our business into a sustainable future and, at the same time, contribute to the implementation of the United Nations’ Sustainable Development Goals (SDGs).1 We are focusing on issues where we as a company can make a significant contribution, such as climate protection, sustainable consumption and production, and fighting hunger.

1 For more information on the Sustainable Development Goals (SDGs), see About This Report and online at sustainabledevelopment.un.org

Status of Target Achievement

Grow sales volumes faster than global chemical production every year

Status of Target Achievement in 2019:
– 3% (Global chemical production: 1.8%)

Achieve a return on capital employed (ROCE)1 considerably above the cost of capital percentage every year

Status of Target Achievement in 2019:
7.7% (Cost of capital: 10%)

Increase EBITDA before special items by 3% to 5% per year

Status of Target Achievement in 2019:
– 11%

Increase the dividend per share every year based on a strong free cash flow

Status of Target Achievement in 2019:
€3.302 (2018: €3.20) )

Grow CO2-neutrally until 2030

Status of Target Achievement in 2019:
– 8.2%

Achieve €22 billion in Accelerator sales3 by 2025

Status of Target Achievement in 2019:
€15.0 billion

Reduce worldwide process safety incidents per 200,000 working hours to ≤0.1 by 2025

Status of Target Achievement in 2019:
0.3

Reduce the worldwide lost-time injury rate per 200,000 working hours to ≤0.1 by 2025

Status of Target Achievement in 2019:
0.3

Introduce sustainable water management at all production sites in water stress areas and at all Verbund sites by 2030

Status of Target Achievement in 2019:
35.8%

More than 80% of our employees feel that at BASF, they can thrive and perform at their best

Status of Target Achievement in 2019:
79%

Increase the proportion of women in leadership positions with disciplinary responsibility to 30% by 20304

Status of Target Achievement in 2019:
23%

Cover 90% of our relevant spend5 with sustainability evaluations by 2025

Status of Target Achievement in 2019:
81%

Have 80% of our suppliers improve their sustainability performance upon re-evaluation

Status of Target Achievement in 2019:
52%

Return on capital employed (ROCE) is a measure of the profitability of our operations. We calculate this indicator as the EBIT generated by the segments as a percentage of the average cost of capital basis.
Dividend proposed by the Board of Executive Directors

Accelerator products are products that make a substantial sustainability contribution in the value chain.
4 Adaptation 2020
We understand relevant spend as procurement volumes with suppliers defined as relevant.

 

We act in line with the UN Sustainable Development Goals

Last Update February 28, 2020