Global chemical company BASF has been rated as a leader in sustainability by the non-profit organization CDP (formerly the Carbon Disclosure Project). The company received an “A” rating in both climate protection and forest protection categories, and an “A-” rating for water security, achieving leadership status across all three areas.
“This renewed recognition by CDP confirms our consistent commitment and the effectiveness of our sustainability strategy. BASF will continue to develop innovative solutions for its customers and pursue an ambitious agenda to contribute to a sustainable future,” said Dr. Christoph Jaekel, Head of Corporate Sustainability at BASF.
Climate Protection
BASF earned the top “A” rating in CDP’s climate category, entering the prestigious A list. The company has participated in CDP’s climate reporting program since 2004, with assessments covering emissions transparency, climate risk management, climate strategy, and CO2 reduction measures. BASF aims to cut Scope 1 and Scope 2 CO2 emissions by 25% by 2030 compared to 2018 levels, while continuing to expand production. This target aligns with the International Energy Agency’s Net Zero by 2050 pathway to limit global warming to 1.5°C. BASF also plans to reduce Scope 3.1 emissions from its suppliers by 15% by 2030 and achieve net-zero emissions (Scope 1, 2, and 3.1) by 2050.
Water Management
BASF retained its “A-” rating for water security, as companies handling hazardous substances cannot receive an “A” under CDP guidelines. The assessment evaluates transparency in water management, risk mitigation for scarcity, and product-related contributions to sustainable water use. BASF is implementing sustainable water management at all Verbund sites and water-stressed production locations, with 65% of its 2030 targets achieved in 2024.
Forest Protection
For the first time, BASF received an “A” rating for forest protection, driven by its transparent reporting on deforestation-relevant raw materials, strong public engagement, and initiatives such as smallholder projects in the palm oil supply chain. The assessment focused on palm kernel oil and derivatives, key renewable raw materials for the company.
CDP represents over 640 investors managing $130 trillion in assets, calling on 31,500+ companies to report on sustainability. Scores are assigned annually from “A” to “D-”, with companies failing to provide sufficient information receiving an “F” rating.
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