UN Global Compact
BASF actively supports the UN Global Compact, a voluntary initiative based on company commitments to implement universal sustainability principles and to advance UN goals such as the Sustainable Development Goals (SDGs). Among other activities, we participate in UN Global Compact’s Action Platforms convening business, leading experts, civil society, Governments and UN partners to solve interconnected issues, explore new market opportunities and innovate around the SDGs. BASF is member of more than 15 local Global Compact Networks around the world.
Since its foundation two decades ago, we have been supporting the UN Global Compact. At the core of BASF is our corporate purpose: “We create chemistry for a sustainable future.” We are well aware of the needs of the fast-growing global population: Access to food and water, energy, raw materials, housing and healthcare. Our products and services contribute to reconciling the needs with the planet’s limitations. Therefore, we actively support the UN Sustainable Development Goals. We see them as a guide for research, product development and business conduct. We believe that innovation and sustainability are inextricably linked – and that partnerships are the way forward. And for this reason, we will continue to engage at global and local levels to build multi-stakeholder alliances for meeting these environmental and societal challenges."
Launched in 2000, the United Nations Global Compact is a call to companies around the world to align their strategies and operations with ten universal principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of broader UN goals. Through the development, implementation, and disclosure of responsible corporate policies and practices, business can help ensure that markets advance in ways that benefit economies and societies everywhere. The Global Compact is not a regulatory body, but a voluntary leadership platform for dialog and learning. With more than 10,000 signatories in 160 countries, it is the world's largest corporate responsibility initiative. BASF was one of the founding members of UN Global Compact.