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GRI and Global Compact Index
– Economic

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completely covered = completely covered

 

 

 

partially covered = partially covered

 

 

 

not material = not material

Management Approach &
Performance Indicators

Link

Page number in annual report

Fulfilment & Comments

Global Compact Principles

1

In 2008, BASF did not register any business relevant public benefits. Public institutions do not hold significant shares in BASF. BASF is involved in research projects that also receive public funding (see link).

2

BASF has no specific guideline for local purchasing, as BASF requires thousands of different raw materials that have to be purchased globally depending on raw material deposits. For technical equipment and packaging as well as services, BASF purchases mainly from local suppliers or service providers, given that this is economically advantageous.

3

At numerous sites, BASF is involved in activities in the fields of education and training for young people. The Training Verbund at the Ludwigshafen site as well as initiatives for the advancement of young unemployed people are just two examples of these activities. BASF is a global company and therefore we aim to increase the internationality of our senior executives in general. We will recruit even more consistently from other sites and countries (Diversity goal and the global Diversity & Inclusion project launched in 2008).

4

For example, activities in the area of climate protection including investments for the energy efficient renovation of a local district close to the Ludwigshafen site (for example, zero-liter houses).

 

 

 

 

 

Disclosure on Management Approach

About this Report

1, 15, 16-17, 28-32, 33, 118

completely covered

 

 

Our strategy

 

 

 

Our Goals

 

 

 

 

Sustainability Management

 

 

 

 

Value added Statement

 

 

 

 

Risk Report

 

 

 

 

 

 

 

 

Aspect: Business Performance

 

 

 

 

EC1 Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments.

Value added Statement

33, 39-42, 48-49, 93-94, 97-98

completely covered

 

Results of the BASF Group

 

 

Results of Operations by Segments

 

 

Training

 

 

 

Share Programs and Social Benefits

 

 

 

Social Commitment

 

 

 

EC2 Financial implications and other risks and opportunities for the organization's activities due to climate change.

Research and Development

35, 99, 117, 122

completely covered

7, 8, 9

Climate Protection

 

 

 

Energy

 

 

 

Regulatory and Political Risks

 

 

 

Group Outlook

 

 

 

EC3 Coverage of the organization's defined benefit plan obligations.

Share Programs and Social Benefits

94

completely covered

 

EC4 Significant financial assistance received from government.

Value added Statement

35

 completely covered1

 

> Website

 

 

 

 

 

 

 

 

Aspect: Market Presence

 

 

 

 

EC5 Range of ratios of standard entry level wage compared to local minimum wage at significant locations of operation.

Global Labor and Social Standards

13

completely covered

1, 6

EC6 Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation.

Monitoring

29

 partially covered2

 

EC7 Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation.

Training

13, 90, 91, 93

 completely covered3

6

Global Labor and Social Standards

 

 

 

Diversity as a competitive Advantage

 

 

 

Employees and Society

 

 

 

 

 

 

 

 

Aspect: Indirect Economic Impacts

 

 

 

 

EC8 Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement.

Value added Statement

97, 98

 completely covered4

 

Social Commitment

 

 

 

 

 

 

 

EC9 Understanding and describing significant indirect economic impacts, including the extent of impacts.

Value added Statement

33, 98

completely covered

 

Social Commitment

 

 

 

 

 

 

 

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