BASF's answers to the CDP Questionnaire "Climate Change" 2019
More and more investors want to invest in stocks of companies that conduct their business in accordance with the principle of sustainable development. This means that investment decisions are based on environmental and social aspects as well as economic performance. BASF shares are particularly attractive for such investors.
The inclusion in sustainability indices and rankings is a confirmation of our excellent performance concerning environmental, social and governance issues. Rating agencies have particularly highlighted our integrated sustainability reporting, business ethics and the development of sustainable products.
BASF has participated in CDP’s program for reporting on data relevant to climate protection since 2004. After achieving a score of A- for several years, resulting in “Leadership” status, BASF was awarded a top A rating in the 2018 Climate Change List. Companies at this level stand out due to the completeness and transparency of their reporting, their approaches for managing the opportunities and risks associated with climate change, and clear corporate strategies to reduce emissions.
In addition, CDP again acknowledged BASF as a global leader in sustainable water management. The organization awarded BASF with a A- rating in recognition of its actions to manage water more sustainably.
BASF is also again listed in the FTSE4Good Index Series. Only companies that meet stringent criteria in social, environmental and corporate governance (ESG) and manage to continuously confirm or develop these in regularly conducted assessments are listed in these indices. BASF is top class in terms of ESG among chemical companies belonging to the index.
Oekom Research AG has rated BASF again in the category Prime. Prime Status is awarded to leaders in the respective industry that succeeded in the rating process according to industry-specific criteria in terms of social and environmental compatibility. Among other things, BASF received special recognition for its climate protection strategy with clear greenhouse gas reduction targets as well as the comprehensive Sustainable Solution Steering™ method for determining the sustainability performance of products in their respective specific application.