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Serbia
Sustainability

Our Targets

We carry out our corporate purpose, “We create chemistry for a sustainable future,” by pursuing ambitious goals along our entire value chain. In this way, we aim to achieve profitable growth and take on social and environmental responsibility. This also helps to achieve 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 sustainable consumption and production, climate action or fighting hunger.

Status of Target Achievement in 2020

Profitable growth

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

Target
 

>9%

2020 status

1.7%
8-decent work and economic growth and 9-industry, innovation and Infrastructure
SDG 1

Grow sales volumes faster than global chemical production every year

Target
 

>–0.4%

2020 status

–0.5%
8-decent work and economic growth and 9-industry, innovation and Infrastructure
SDG

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

Target
 

3%–5%

2020 status

–10.7%
8-decent work and economic growth and 9-industry, innovation and Infrastructure
SDG

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

Target
 

>€3.30

2020 status

€3.302
8-decent work and economic growth and 9-industry, innovation and Infrastructure
SDG

Effective climate protection

Grow CO2-neutrally until 2030

(Development of carbon emissions compared with baseline 2018)

Target

 

≤21.9 MMT

2020 status

20.8 MMT
green background image with with text 13-climate action
SDG

Sustainable product portfolio

Achieve €22 billion in Accelerator sales by 2025

Target
 

€22.0 billion

2020 status

€16.7 billion
icons 2-zero hunger, 6-clean water and sanitation, 12- responsible consumption and production, 13-climate action
SDG

Responsible procurement

Cover 90% of our relevant spend with sustainability evaluations by 2025

Target
 

90%

2020 status

80%
8-decent work and 12-responsible consumption and production
SDG

Have 80% of our suppliers improve their sustainability performance upon re-evaluation

Target
 

80%

2020 status

68%
8-decent work and 12-responsible consumption and production
SDG

Resource efficiency and safe production

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

Target

 

≤0.1 

2020 status

0.3
6-clean water and sanitation, 8-decent work and economic growth
SDG

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

Target

 

≤0.1

2020 status

0.3
8-decent work and economic growth
SDG

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

Target

 

100%

2020 status

46.2%
6-clean water and sanitation, 12-responsible consumption and production
SDG

Employee engagement and diversity

Increase the proportion of women in leadership positions with disciplinary responsibility to 30% by 2030

Target
 

30%

2020 status

24.3%
5-gender equality
SDG

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

Target
 

>80%

2020 status

82%
8-decent work and economic growth
SDG
hellgruen.jpg

Most important key performance indicators

1 More information on Sustainable Development Goals (SDGs) and sustainabledevelopment.un.org

2 Dividend proposed by the Board of Executive Directors

We act in line with the UN Sustainable Development Goals