Global
Investors

Goals

Business success tomorrow means creating value for the environment, society and business. That is why we have set ourselves ambitious global targets along our entire value chain and the three dimensions of sustainability. 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, further increase our profitability, achieve a return on capital employed (ROCE) considerably above the cost of capital percentage and increase the dividend per share every year based on a strong free cash flow. In addition to these financial targets, we pursue broad sustainability targets. For example, 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. We want to strengthen the sustainability focus of our product portfolio and significantly increase sales of Accelerator products. We also strive to strengthen sustainability in our supply chains and use natural resources responsibly. We want to further improve safety in production. In addition, we aim to promote diversity within the company and create a working environment in which our employees feel that they can thrive and perform at their best.

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). 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.

Status of Target Achievement in 2020

Profitable growth

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

Target
 

>9%

2020 status

1.7%

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SDG 1

Grow sales volumes faster than global chemical production every year

Target
 

>–0.4%

2020 status

–0.5%

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SDG

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

Target
 

3%–5%

2020 status

–10.7%

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SDG

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

Target
 

>€3.30

2020 status

€3.302

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SDG

Effective climate protection

We want to reduce our absolute CO2 emissions3 by 25 percent by 2030.

(Development of carbon emissions compared with baseline 2018)

Target

 

≤16.4 MMT

2020 status

20.8 MMT

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SDG

We aim to achieve net zero CO2 emissions3 by 2050.

Sustainable product portfolio

Achieve €22 billion in Accelerator sales by 2025

Target
 

€22.0 billion

2020 status

€16.7 billion

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SDG

Responsible procurement

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

Target
 

90%

2020 status

80%

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SDG

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

Target
 

80%

2020 status

68%

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SDG

Resource efficiency and safe production

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

Target

 

≤0.1 

2020 status

0.3

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SDG

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

Target

 

≤0.1

2020 status

0.3

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SDG

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

Target

 

100%

2020 status

46.2%

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SDG

Employee engagement and diversity

Increase the proportion of women in leadership positions with disciplinary responsibility to 30% by 2030

Target
 

30%

2020 status

24.3%

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SDG

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

Target
 

>80%

2020 status

82%

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SDG

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Most important key performance indicators

1 More information on Sustainable Development Goals (SDGs) and sustainabledevelopment.un.org

2 Dividend proposed by the Board of Executive Directors

3 The goal includes Scope 1 and Scope 2 emissions. Other greenhouse gases are converted into CO2 equivalents according to the Greenhouse Gas Protocol.

We act in line with the UN Sustainable Development Goals

Last Update March 26, 2021