€38 billion
collective financial support and facilities were announced by the 38 members of the Business for Inclusive Growth platform on May 8, 2020 in Paris in response to the Covid-19 crisis.
Sustainability
In recognition of record-high levels of inequality, a coalition of 40 leading international companies has committed to step up business action to advance human rights throughout their value chains, build inclusive workplaces and strengthen inclusion in their internal and external business ecosystems. In doing so, they will advance G7 government-led efforts to strengthen equality of opportunity, tackle regional disadvantages and fight gender discrimination.
The B4IG coalition is the first public-private initiative on global level of its kind. It gathers 40 members investing a combined total of USD 1.4 billion in more than 70 inclusive growth initiatives, benefiting more than 100 million people to date. The OECD is providing the analytical arm and the measuring mechanism to ensure impact from the actions of B4IG, as well as the links to policies in member and partner countries.
At BASF we are convinced that successful business is only possible within inclusive societies on a healthy planet. We have joined B4IG to work hand in hand with public and private partners for economic growth reaching all levels of society.
€38 billion
collective financial support and facilities were announced by the 38 members of the Business for Inclusive Growth platform on May 8, 2020 in Paris in response to the Covid-19 crisis.
BASF chairs the B4IG Working Group “Impact Measurement”, also linking it to its activities in the the Value Balancing Alliance, and participates among others in the Working Groups “Inclusive Workplaces” and “Human Rights”.