SASB Index

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.

You will find detailed information by following the links to the four sections below. 

BASF has a history of introducing new reporting formats to meet the requirements of stakeholders concerning its performance. To name just a few milestones: 

• Our sustainability reporting has been based on the Global Reporting Initiative (GRI) standards since 2003 (“Comprehensive” option).
• In 2007, we published our first integrated report, including economic, environmental and social performance.
• BASF was the first company in the world to publish a comprehensive corporate carbon footprint in 2008.
• Since 2019, BASF has aligned its climate-related reporting with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) – see overview here. 

The BASF Report also serves as a progress report on BASF’s contribution to achieving the 10 principles of the United Nations’ Global Compact and takes into consideration the Blueprint for Corporate Sustainability Leadership of the Global Compact LEAD platform.

The detailed GRI and Global Compact Index can be found in the online report. It provides an overview of all relevant information to fulfill the GRI indicators, as well as how we contribute to the United Nations’ Sustainable Development Goals (SDGs) and the principles of the UN Global Compact. The results of the limited assurance audit of this information can also be found here in the form of a Report issued by KPMG AG Wirtschaftsprüfungsgesellschaft.

In 2014, BASF has already been engaged – as the only European representative – in the SASB industry working group “Resource transformation” and provided input to shaping the sector-specific standard for the chemical industry. As of 2020, BASF offers relevant KPIs in a SASB Index based on the “Chemicals – Sustainability Accounting Standard” (Sustainable Industry Classification System^® (SICS^®) RT-CH).