Our reporting is audited by a third party. KPMG AG Wirtschaftsprüfungsgesellschaft has audited the BASF Group Consolidated Financial Statements, including the Management’s Analysis, and has approved them free of qualification. This assurance comprises financial and non-financial information. The verification was also conducted in accordance with assurance standards for sustainability reporting, the International Standard on Assurance Engagements 3000.
The transparency of our reporting was recognized on several occasions in 2008: Based primarily on its environmental and social reporting, BASF was named as chemical sector leader in the global Dow Jones Sustainability Index (DJSI World). Our reporting on our progress in implementing the ten principles of the U.N. Global Compact earned us “Notable Communication on Progress” status in 2008. The sustainability reporting of the BASF Group has again achieved the highest application level A+ from the Global Reporting Initiative.