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Who we are

Our Targets

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 trans parently on our target achievement so that our customers, investors, employees and other stakeholders can track our progress.

Two engineers climbing up the stairs

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

Financial targets

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Grow sales volumes faster than global chemical production every year
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Increase EBITDA before special items by 3% to 5% per year
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Achieve a return on capital employed (ROCE) 1 considerably above the cost of capital percentage every year
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Increase the dividend per share every year based on a strong free cash flow

1 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.

Nonfinancial targets

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Grow CO2-neutrally until 2030
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Achieve €22 billion in Accelerator sales 1 by 2025
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Cover 90% of our relevant spend 2 with sustainability evaluations by 2025, and have 80% of our suppliers improve their sustainability performance upon re-evaluation
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More than 80% of our employees feel that at BASF, they can thrive and perform at their best

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

Existing nonfinancial targets

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Reduce the worldwide lost-time injury rate per 200,000 working hours to ≤0.1 by 2025
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Reduce worldwide process safety incidents per 200,000 working hours to ≤0.1 by 2025
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Introduce sustainable water management at all production sites in water stress areas and at all Verbund sites by 2030
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Increase the proportion of women in leadership positions with disciplinary responsibility to 30% by 2030 1

1 Adaptation 2020

We act in line with the UN Sustainable Development Goals

icon of family holding hands with red background and text 1-no poverty

End poverty in all its forms everywhere.
Hot bowl icon with number 2 zero hunger

End hunger, achieve food security and improved nutrition, and promote sustainable agriculture.
Green background icon with heart rate and number 3 good health and well-being

Ensure healthy lives and promote well-being for all at all ages.
4-Quality Education

Ensure inclusive and equitable quality education and promote life-long learning opportunities for all.
5-gender equality

Achieve gender equality and empower all women and girls.
6-clean water and sanitation

Ensure availability and sustainable management of water and sanitation for all.
7-Affordable and clean energy

Ensure access to affordable, sustainable, and reliable modern energy for all.
8-decent work and economic growth

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
9-Industry, innovation and infrastructure

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.
10-Reduced Inequalities

Reduce inequality within and among countries.
11-Sustainable cities and communities

Make cities and human settlements inclusive, safe, resilient and sustainable.
12-Responsible consumption and production

Ensure sustainable consumption and production patterns.
13-Climate Action

Take urgent action to combat climate change and its impacts.
14-Life below water

Conserve and sustainably use the oceans, seas and marine resources for sustainable development.
15-Life on land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.
16-Peace, justice and strong institutions

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.
17-Partnerships for the goals

Strengthen the means of implementation and revitalize the global partnership for sustainable development.
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    Learn more about BASF's contribution to the UN Sustainable Development Goals (SDGs)