India

Our Targets

Business success tomorrow means creating value for the environment, society and business. We have set ourselves new financial and nonfinancial targets so that our customers, investors, employees and other stakeholders can track our progress.

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 committed ourselves to growing production volumes without adding further CO2 emissions until 2030. This means we will decouple greenhouse gas emissions from organic growth. We have also defined targets for a sustainable product portfolio, responsible procurement and engaged employees. Safety for people and the environment, inclusion of diversity and water management will remain a top priority.

The new targets will apply from 2019 onward and will replace our previous goals. In this way, we want 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).

Financial targets

Grow sales volumes faster than global chemical production every year

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

Achieve a return on capital employed (ROCE) 1 considerably above the cost of capital percentage every year

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

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

Grow CO2-neutrally until 2030

Achieve €22 billion in Accelerator sales 1 by 2025

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

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

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

Existing nonfinancial targets

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

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

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

Increase the proportion of women in leadership positions with disciplinary responsibility to 22–24% by 2021

We act in line with the UN Sustainable Development Goals