BASF Report 2022

Nonfinancial Statement (NFS) in Accordance with Sections 315b and 315c of the German Commercial Code (HGB)

The NFS disclosures can be found in the relevant sections of the Management’s Report and have been prepared in accordance with the appropriate frameworks: the Global Reporting Initiative Standards and the reporting requirements of the U.N. Global Compact.

The table on the following page shows the sections and subsections in which the individual disclosures can be found. In addition to a description of the business model, the NFS includes disclosures on the following matters, to the extent that they are required to understand the development and performance of the business, the Group’s position and the impact of business development on the following matters: environmental matters, employee-related matters, social matters, respect for human rights, anti-corruption and bribery matters.

In accordance with the E.U. Taxonomy Regulation and the supplementary delegated acts, the NFS includes the proportion of the Group’s taxonomy-eligible and, for the first time, our Group-wide taxonomy-aligned turnover, capital expenditures (including acquisitions and excluding goodwill in accordance with the E.U. taxonomy) and operating expenditures for the 2022 business year. This applies to the environmental objectives of climate change mitigation and adap­tation to climate change currently addressed in the E.U. taxonomy.

Within the scope of the annual audit, KPMG checked pursuant to section 317(2) sentence 4 HGB that the NFS was presented in accordance with the statutory requirements. KPMG also conducted a limited assurance of the NFS. An assurance statement of the limited assurance can be found online at basf.com/nfs-audit-2022. The assurance was conducted in accordance with ISAE 3000 (­Assurance Engagements other than Audits or Reviews of Historical Financial Information) and ISAE 3410 (Assurance Engagements on Greenhouse Gas Statements), the relevant international assurance standards for sustainability reporting.

Nonfinancial Statement (NFS) disclosures in the relevant chapters of the integrated report

NFS disclosure

Topics

Concepts and results

 

 

 

Business model

BASF Group

BASF Group

 

 

 

E.U. Taxonomy

E.U. Taxonomy

E.U. Taxonomy

 

 

 

Environmental matters

Process safety

Targets and Target Achievement 2022
We Produce Safely and Efficiently
Occupational Safety, Process Safety and Health Protection

Biodiversity

Biodiversity

Energy and Climate Protection

Targets and Target Achievement 2022
Climate Change
Energy and Climate Protection

Emergency response and corporate security

Emergency Response, Corporate and Cyber Security

Supplier management

Targets and Target Achievement 2022
Supplier Management

Emissions to air

We Produce Safely and Efficiently
Emissions to Air, Waste and Remediation

Product stewardship

We Produce Safely and Efficiently
Product Stewardship for Crop Protection Products and Seeds

Resource efficiency

Circular Economy and Resource Efficiency
Emissions to Air, Waste and Remediation

Steering of product portfolio

Our Sustainability Concept

Transportation and storage

We Produce Safely and Efficiently
Transportation Safety

Management of waste and contaminated sites

We Produce Safely and Efficiently
Emissions to Air, Waste and Remediation

Water

Targets and Target Achievement 2022
We Produce Safely and Efficiently
Water

 

 

 

Employee-related matters

Occupational safety

Targets and Target Achievement 2022
We Produce Safely and Efficiently
Occupational Safety, Process Safety and Health Protection

Dialog with employee representatives

Mutual respect and open dialog

Inclusion of diversity

Targets and Target Achievement 2022
Inclusion of Diversity

What we expect from our leaders

What we expect from our leaders

Health protection

We Produce Safely and Efficiently
Health protection

International labor and social standards

International labor and social standards

Learning and development

Learning and development

Supplier management

Targets and Target Achievement 2022
Supplier Management

Employee engagement

Targets and Target Achievement 2022
Employee engagement

Competition for talent

Competition for talent

Compensation and benefits

Personnel expenses

 

 

 

Social matters

Societal engagement

Our societal engagement approach
Societal Engagement

 

 

 

Respect for human rights

International labor and social standards

International labor and social standards

Supplier management

Targets and Target Achievement 2022
Supplier Management

Responsibility for human rights

Responsibility for Human Rights, Labor and Social Standards

 

 

 

Anti-corruption and bribery matters

Compliance

Compliance

Supplier management

Targets and Target Achievement 2022
Supplier Management

Topic filter