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We published a carbon balance in 2008, and were the first company in industry to do so. This balance contrasts the CO2 emission-savings that are achieved with BASF products and procedures with the emissions from raw material extraction, production and product disposal. The results that have also been confirmed by the Öko-Institut in Freiburg (Germany) show that BASF products can save three times more greenhouse gas emissions than the entire amount caused by the production and disposal of all BASF products.
The carbon balance not only shows emissions from BASF’s production, but for the first time also takes into account emissions from raw materials and precursors as well as the disposal of all products. In addition, we have looked at the product lifecycle of 90 key products that reduce CO2 emissions when used in end products.
"Climate change is one of the main challenges faced by society," said Dr. Ulrich von Deessen, Climate Protection Officer of BASF SE. "We are facing up to this challenge and offering a wide range of solutions that help to protect the climate."
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In the long term the factor of three ought to be maintained or even improved. A positive carbon balance is only possible if you reduce your own carbon emissions and if you help your clients to save CO2. Dr. Harald Schwager, member of the Board of Executive Directors of BASF SE said: "In areas such as construction, automobiles and industrial production, our products help our customers to save more than 250 million metric tons of CO2 worldwide."
For example, BASF is developing innovative technologies and materials for sustainable climate protection. BASF spends around €400 million, or one-third of its total research and development budget, in the areas of energy efficiency, climate protection, resource conservation and renewable raw materials.
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