Networks for sustainability

To ensure sustainability and thus the interplay between ecological, economic and social issues, it is important for different social groupings to cooperate. The creation of networks is therefore of major importance. Networks bring together the competences of different players. We at BASF are therefore committed to participating in various networks:

Global Compact

Within the context of the globalization debate, UN General Secretary Kofi Annan proposed the creation of a "Global Compact" on January 31, 1999. He called upon economic leaders around the world to shape globalization in close cooperation with politics and civil society with the aim of strengthening the social and ecological pillars of the world economy. The initiative is being pursued under the aegis of the United Nations and is based on ten principles conceived as a practical guide to action in the areas of human rights, employee relations, environmental protection and corruption. BASF implements the ten principles within its company and reports in detail on the tools and measures established for this purpose.

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GRI

The Global Reporting Initiative has been found 1997 aiming to develop globally accepted standards for reporting on economic, ecologic and social activities of organizations and companies. In 2000 the guidelines published for the first time and reviewed in two years later. The guidelines include comprehensive indicators regarding all current dimensions of sustainable development. The GRI guideline is targeting on the international comparability of reporting. Also for the company’s own reporting it is an important tool since 2003.

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econsense

The Forum for Sustainable Development of German Business was founded in July 2000 at the initiative of the Federal Association of German Industry (BDI). BASF is one of the founding members of econsense. Its members, 22 companies and organizations from nine different sectors of the German economy, are leading national organizations and maintain a global presence. Each member is faithful to the following principle: the guiding principle of sustainable development is firmly integrated in the corporate strategy. The primary objective of econsense is to exert influence on general political conditions which allow and promote sustainable innovations in the areas of economy, environment and social affairs.

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WBCSD

The World Business Council for Sustainable Development (WBCSD) founded in January 1995 bases its activities on the results of the Rio Conference 1992 – the Agenda 21. More than 160 international companies are now members of WBCSD. The largest companies from Germany include Allianz, Bayer, DaimlerChrysler, Degussa, Deutsche Bank, Henkel, Volkswagen – and BASF. The WBCSD defines four goals underlying its endeavors: market leadership as competence for environmental and sustainability issues, development of policy towards a sustainable corporate style and exchange of good examples in environment and resource management, as well as fostering sustainable development in developing and transition countries.

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CSR Europe

CSR Europe is a coalition of companies – including BASF – which aims to place social responsibility in the mainstream of business practice. The central activities of the initiative include promoting a qualified dialogue between the member companies and their stakeholders. CSR brings representatives of the companies "around the same table" with stakeholders from outside the economy. This dialogue is intended to improve the implementation of social responsibility within companies and to thereby strengthen their competitiveness.

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Conference Board

Conference Board is an organization of members from the private economy which also includes BASF. One of its main goals is to conduct research projects in the public interest. This global, independent organization makes forecasts and identifies trends, assesses them and publishes its results in regular information updates and reports. Another main focus of its work is promoting senior executive peer-to-peer meetings.

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News

10/06/08
BASF receives European award for Carbon Balance

09/22/08
BASF is leading in disclosure about climate protection

09/04/08
BASF leading chemical company in Dow Jones Sustainability Index

01/21/08: New website on nanomaterials safety research

News about REACH

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