BASF has recently been named the highest A-level in the 2018 Climate Change Report of the International Organization CDP (formerly the Carbon Disclosure Project). Each year, more than 7,000 companies disclose to CDP the environmental impacts, risks, and opportunities associated with their business activities for independent assessment. CDP represents more than 650 investors with assets of more than $87 trillion, as well as 115 major purchasing organizations with $3.3 trillion in purchasing power,
. Since 2004, BASF has been involved in the submission of CDP climate protection-related data reports.
the highest A-level in 2018 after years of A-level ratings and "leadership". The company was awarded the highest rating thanks to the integrity and transparency of corporate reporting, ways to manage climate change-related opportunities and risks, and a clear corporate emission reduction strategy.
proud to be named CDP leader," said Saori Dubourg, executive board member of BASF Europe. Being included in the CDP Climate Change Report's A-level list demonstrates that climate protection is firmly rooted in our strategy and clearly demonstrates our initiative in this regard. Our goal is to keep total CO2 emissions unchanged by 2030. In
to achieve this climate goal, BASF is continuously optimizing existing processes, gradually replacing fossil fuels with renewable energy sources, and developing new low-emission production processes. The company is currently incorporating all of this into ambitious carbon management projects. BASF's climate strategy contributes to the achievement of the 13th "Climate Action" of the United Nations Sustainable Development Goals.
BASF was once again named a global leader in water security
BASF was once again named a global leader in sustainable water management by CDP. CDP awarded BASF an A-level in recognition of its actions to manage water resources more sustainably.