BASF Report 2023

BASF Report 2023 Rethinking
chemistry

Gabriela Uchôna dos Santos

Technical Service Representative

Gabriela, 28, works in Technical Service at the site in São Paulo, Brazil. She is passionate about our customers. She works closely with them to develop innovative solutions tailored to their needs. As part of a project to produce more eco-friendly cleaning agents, she worked in a team on a preservative of natural origin – one of the few ingredients that has mainly been produced synthetically until now. The basis: terpenes extracted from orange peel. No other country produces more oranges than Brazil. So why not use the peel? The preservative Lutensit® EcoCitrus can be used in a variety of household cleaners and detergents to effectively counteract bacteria and fungi in an environmentally friendly way. By using recycled and renewable raw materials instead of fossil ones, Gabriela wants to contribute to more sustainability and environmental compatibility in the home care industry.

Rutger Leenknecht

Carbon Management Expert

Rutger, 27, is an expert in carbon management at our Verbund site Antwerp, Belgium. Inspired by his grandfather, a chemistry professor, Rutger decided to become a chemical engineer. It all starts with chemistry. Chemistry is the industry of industries. Rutger is convinced that a significant contribution to society and environmental protection can be made here, at the beginning of the value chain. As part of the team, he is working to reduce greenhouse gas emissions such as CO2 and nitrogen dioxide in production. Coordination between different production plants and supply units is crucial here – Rutger wants to reuse the energy that one plant releases as a resource elsewhere. These optimization measures help BASF to continuously reduce the carbon footprint and use resources efficiently.

Zi Ming Yang

Process Engineering Research Assistant

Zi Ming, 30, works as a researcher at BASF's Innovation Campus in Shanghai, China. She comes from the Chinese province of Shanxi, an area that is primarily characterized by coal mining. She realized early on that she wanted to work in sustainable technology research. Her passion for innovation in chemistry led her from her hometown to Oxford University and back to Shanghai. Today, she works with a team on pioneering technologies for advanced heating concepts, hydrogen recovery and CO2 efficiency. Zi Ming focuses in particular on technology scouting, benchmarking and process modeling to accelerate the transition of cutting-edge technologies from the lab to the production line.

At a Glance

BASF Group 2023 At a Glance

CEO statement

Key Figures

68.9

€ billion

Sales

3.8

€ billion

EBIT before special items

3.40

€ per share

Proposed dividend

16.9

million metric tons

Greenhouse gas emissions (CO2 equivalents)

28.4

percent

Women in leadership positions

4.5

percent

ROCE

Strategy

Value creation in transition

Our transformation along the value chain

Supply chain

Production

Products

Read more

How we create value

Business Model

Interactive Value Creation Graphic

Discover

Transformation

Rethinking chemistry

See how we are changing!

Our strategyMore about BASF as a future-oriented employer

Sustainability

Material topics in focus

In 2023, we updated our materiality analysis that already addressed the double materiality required by regulations from 2024 onward. This identified sustainability topics that are of particular importance for BASF.

Material Topics in Focus

Environment

Climate Change

Climate Change

Governance

Global Standards

Global Standards

Environment

Circular Economy

Circular Economy

Environment

Emissions to Air, Waste and Remediation

Emissions to Air, Waste and Remediation

Environment

Water

Water

Environment

Biodiversity and Ecosystems

Biodiversity and Ecosystems

Environment

Process Safety

Process Safety

Social

Inclusion of Diversity

Inclusion of Diversity

Social

Occupational Safety and Health Protection

Occupational Safety and Health Protection

Social

Product Stewardship for Crop Protection Products and Seeds

Product Stewardship for Crop Protection Products and Seeds

Governance

Responsibility for Human Rights, Labor and Social Standards

Responsibility for Human Rights, Labor and Social Standards