Top Marks For BASF’s Sustainability Report

Dec. 13, 2002
BASF’s Sustainability Report achieved excellent results in an assessment made for the United Nations Environment Programme (UNEP). The ranking was performed by London-based SustainAbility Ltd., an advisory company that specializes in the field of sustainable development. BASF came top in two categories: it leads the chemical industry and is the top German company.In its report “Trust Us – The Global Reporters 2002 Survey of Corporate Sustainability Reporting,” SustainAbility analyzed sustainability reports from major companies around the world. In the overall ranking, BASF was awarded ninth position, and was thus the best performing chemical company and the best German company.BASF’s Sustainability Report consists of three elements: the Annual Report; the Environment, Safety, Health Report; and the Social Responsibility Report.
 
On the occasion of the ranking Dr. Matthias Hensel, head of the Corporate Department Communications at BASF said: “With its Sustainability Report, BASF demonstrates that it is serious about its commitment to the principles of sustainable development. We document in detail BASF’s achievements in the areas of the economy, the environment and society to create confidence among our partners in business and society. Our good performance in this international comparison shows that we are on the right path.”
The reports that comprise BASF’s Sustainability Report can be ordered on the Internet at:
http://www.sustainability.com/publications/engaging/trust-us.asp
BASF is the world’s leading chemical company. It aims to increase and sustain its corporate value through growth and innovation. BASF offers its customers a range of high-performance products, including chemicals, plastics, coatings systems, dispersions, agricultural products, fine chemicals as well as crude oil and natural gas. BASF’s distinctive approach to integration, known in German as “Verbund,” is its strength. It enables the company to achieve cost leadership and gives it a decisive competitive advantage in the long term. BASF acts in accordance with the principles of Sustainable Development. In 2001, BASF had sales of €32.5 billion (circa $29 billion) and over 90,000 employees worldwide. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF), Paris (BA) and Zurich (BAS). Further information on BASF is available on the Internet at www.basf.com.

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