Risk and impact assessment

We systematically integrate human rights assessments into our management and decision-making processes, e.g., for investments in new sites, plants, and financial assets.

In our own operations, we are strictly committed to avoiding causing or contributing to any human rights violations. Beyond our own operations, we rely on many business partners. We expect them to respect human rights and support them in their due diligence efforts. Never do we want to be linked to any human rights violation.

We follow a risk-based approach. Our criteria for identifying actual and potential human rights impacts are integrated into supplier assessment processes and our global monitoring systems for labor and social standards, environmental protection, safety and security, health protection and product stewardship. They are also part of the evaluation of investment, acquisition and divestiture projects, and of assessments along the entire product life cycle.

Links to related BASF webpages

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