As a company in the chemical industry, we are aware of the particular responsibility we have towards the local communities around our sites. We aim at engaging openly with our neighbors in various forms of neighborhood dialogs.
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Romania
Sustainability
Management
Goals
We have set voluntary long-term global goals in the areas of economy, environment, safety, employees and society. Through these goals, sustainable development at BASF is transparent and verifiable.
The notion of sustainability can only be effective if it is firmly integrated into organizational and management systems. We have created structures to promote sustainable business activities - from strategic planning to implementation.
Together with the management consultancy A.T. Kearney, sustainable natives and Impact Hub Berlin, we have asked a crowd of sustainability experts and practitioners from around the world to answer questions about upcoming trends and standards.
The materiality analysis helps us identify and assess key sustainability topics. We examine our internal and external stakeholders’ expectations and requirements, as well as topics that could represent opportunities or risks for our operations.
BASF uses the Sustainability Accounting Standards Board (SASB) Index to provide structured information on financial and pre-financial topics. Thereby we create transparency for our stakeholders in the key sustainability dimensions of economic, ecological, and social performance.
