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BASF

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#NewMetrics '14 Panel Dives Into #SocialFootprint Approach for Ensuring Product Sustainability

4 years ago - Thursday, the second afternoon at Sustainable Brands’ New Metrics ’14 conference, featured a follow-up deep dive session into the topic of one of the morning’s well-received plenary presentations — how to quantify a product’s “social footprint” as a next step in assessing sustainability.While the sustainability field has developed many ways to assess products’ environmental footprints, until now few tools have helped accurately measure the social impacts that products have on workers, local communities, suppliers, consumers and more throughout their life cycle.

Plenaries Unveil Next-Gen Goal-Setting Frameworks, Groundbreaking Product Assessments on #NewMetrics '14 Day 2

4 years ago - It is no secret that markets are starting to demand a more complete picture of businesses' interactions with environmental and social realities of the world — a new, expanded set of success factors and risks to inform key stakeholders — or simply #NewMetrics. How New Metrics are conceived, brought to life, communicated effectively, and perfected over time, are the key questions metrics experts in the Sustainable Brands community are tackling this week at New Metrics '14, taking place in Cambridge, MA, in partnership with the Sustainability Initiative at the MIT Sloan School of Business.

Sustainable Brands Community Reveals Leading-Edge Business Performance Metrics

4 years ago - The Sustainable Brands® community announces several initiatives focused on identifying, measuring and quantifying entirely new forms of business risk and value. Global senior executives across diverse industry sectors are convening at New Metrics ’14 in Cambridge, MA today to launch research results and initiatives that quantify environmental and social impacts and tie them to financial performance.Co-Presented this year by MIT Sloan School of Management Sustainability Initiative, New Metrics ’14 showcases the following companies with either exclusive launches or results presented for the first time to a live audience.

BASF, Cargill, Novozymes Achieve Another Milestone in Development of Bio-Based Diaper Material

4 years ago - BASF, Cargill and Novozymes have announced the achievement of another milestone in their joint development of technologies to produce acrylic acid from renewable raw materials. The team has demonstrated the successful conversion of 3-hydroxypropionic acid (3-HP) to glacial acrylic acid and superabsorbent polymers — polymers that can absorb and retain extremely large amounts of a liquid relative to their own mass, commonly found in products ranging from diapers and other hygiene products. The team has selected the process for further scale-up.

BASF Evaluating Entire Product Portfolio for Sustainability

4 years ago - In order to better help its customers align environmental and societal considerations with business success, BASF has developed a new process for steering its portfolio based on sustainability criteria. Launched today, the Sustainable Solution Steering method is used to systematically review and evaluate the sustainability aspects of the approximately 50,000 relevant product applications in the company’s portfolio, which represent sales of €56 billion. The benefit: This externally validated process makes it possible to measure the products’ contribution to sustainability within their various markets and industries and to increase this contribution through targeted steps.

BASF’s Product Portfolio Evaluated for Sustainability

4 years ago - Around 50,000 product applications analyzed using new method More than 20% of BASF products analyzed (by sales) today already make a particular contribution to sustainability In order to better help its customers align environmental and societal aspects with business success, BASF has developed a new process for steering its portfolio based on sustainability criteria. The Sustainable Solution Steering method is used to systematically review and evaluate the sustainability aspects of the approximately 50,000 relevant product applications in the company’s portfolio, which represent sales of €56 billion.

Survey: 81% of Chemical Producers Now Aim to Be Frontrunner in Sustainability

4 years ago - Sustainable chemical technology company Genomatica has published the results of a major survey of sustainability issues in the mainstream chemical industry that shows the topic is now considered a high priority in the field, with Genomatica itself ranking alongside industry giants such as BASF and Dow that come to mind when respondents think of those leading the charge.

12 Industry Leaders Unveil Methodology for Assessing Social Impacts of Products

4 years ago - A group of companies united in the Roundtable for Product Social Metrics today announces the publication of the Handbook for Product Social Impact Assessment, a practical tool for assessing a product’s social impacts throughout its life cycle. The handbook is the result of a unique collaborative effort of a group of market leaders across a variety of industries.

What If … a Conference Collaboration Led to Real Sustainable Results?

4 years ago - Large pieces of paper cover the tables. A few bright sticky notes sprout here and there. Earnest-looking people bent over writing or steeped in conversation ignore their half-eaten lunches. Ideas begin to pop.It’s lunchtime at Sustainable Brands 2014 and we’ve challenged delegates to come up with a vision and concrete plans for answering three big What If questions while they eat:

BASF's Ultramid Joins Revolution of Renewable Packaging Solutions

4 years ago - BASF has developed a versatile, high-performance polyamide called Ultramid®, which is derived from renewable raw materials — the company says it replaces up to 100 percent of the fossil-based resources used at the beginning of the integrated production process with certified biomass.“Consumer demand for products made of renewable raw materials continues to rise,” says Joachim Queisser, SVP of the Polyamides and Precursors Europe regional business unit. “This offering opens excellent possibilities for packaging film manufacturers to market their products accordingly.”

BASF publishes new issue of “SD Update – Newsletter Sustainable Development

4 years ago - This second issue in 2014 of “SD Update – Newsletter Sustainable Development” covers how BASF received the certification of the European Water Stewardship (EWS) standard after Tarragona (Spain) also for its Ludwigshafen site, thus advancing sustainable water management in Germany. Furthermore, BASF informs about international and regional partnerships with SINOPEC from China and the Chambers of Industry and Commerce in the Ludwigshafen region. You also read about BASF, jointly with L’Oréal and the NGO Yamana, supporting women in Morocco in the production of Argan oil. 

Wirtenberg Examines How BASF, Alcoa, Pfizer and More Are Building a Culture for Sustainability

4 years ago - Jeana Wirtenberg knows sustainability is about people. Living, caring human beings – who get things done.It’s not “green.” Or “eco.” Not goals or dashboards. Not on their own, at any rate. It’s people who make these things actually happen.Sustainability is people at every level of a business making decisions and working with their colleagues, customers and communities, day in and day out. Sustainability is people — not programs or promises — taking actions that move their company towards more sustainable business outcomes. It’s culture.

Measuring the Social Footprint of Products — Why Bother?

4 years ago - For over 20 years, PRé has been the metrics solutions partner for first-movers in a variety of industries aiming to create business value from sustainable products. Perhaps best known for their pioneering SimaPRO LCA software, PRé has recently shifted its focus to examine the social impacts of products. We spoke with Renée Morin, president of PRé North America, to find out more about the company’s new direction and what it has learned so far.

Clariant Joins BASF, AkzoNobel in Chem Industry Sustainability Initiative

5 years ago - On Thursday, Swiss specialty chemicals giant Clariant announced it is the newest member of “Together for Sustainability” (TfS), a chemical industry initiative founded in 2011 aimed at improving sustainability practices within its supply chains.

Brand Leaders Join SB Collaboratory to Address Employee Engagement

5 years ago - Less than a year ago at Sustainable Brands ‘13, leading brand innovators from around the world came together in San Diego for the seventh year to address some of their biggest sustainability challenges. These innovators realize that no brand is an island and many challenges they face are shared by their peers, competitors, suppliers and customers. In order to support shared learning and collaboration beyond the conference itself, members of the SB advisory board designed a new structure — the SB Collaboratory — to provide a forum for these professionals to come together to share experiences, ask questions, learn from each other and brainstorm a path forward.

Umicore: How Sustainability-Driven Innovation Transformed a Failing Mining Company Into a Materials Tech Power Player

5 years ago - Umicore’s ranking as #1 on the 2013 Global 100 index of most sustainable companies was met with healthy skepticism by social justice advocates and environmental purists. The company’s history as Union Minière du Haut Katanga created devastation that Umicore will need to continue to remedy at a hefty price tag.

American Cleaning Institute Rolls Out Sustainable Products Initiative

5 years ago - The American Cleaning Institute (ACI), the nonprofit trade association representing over 120 companies in the US cleaning products industry — including BASF, Clorox, Dow, Novozymes, Method, Seventh Generation, Colgate-Palmolive and Unilever, to name a few — has launched a new voluntary initiative to promote and demonstrate continual improvement in the cleaning products industry’s sustainability profile.

BASF again named to Global 100 list of most sustainable corporations by Corporate Knights

5 years ago - MISSISSAUGA, ON, January 22, 2014 -- For the second year in a row, BASF has been named to the Global 100 index of the world’s most sustainable corporations by Corporate Knights, the Toronto-based media and investment advisory company. The Global 100 consists of the 100 top-performing stocks worldwide on a range of sector-specific sustainability metrics. Companies named to the Global 100 are considered the top overall sustainability performers in their industry. BASF placed 12th overall. “For BASF, inclusion in this index is recognition of how we create chemistry for a sustainable future by combining long-term oriented economic success with social and environmental sustainability,” said Charlene Wall-Warren, Director of Sustainability for BASF in North America.

Westpac Banking Tops Corporate Knights' 2014 Global 100 Index

5 years ago - Corporate Knights, the Toronto-based media and investment advisory company, released the 2014 iteration of its Global 100 Most Sustainable Corporations in the World (Global 100) index today at the World Economic Forum in Davos.In its tenth year, the Global 100 index has come to be a widely followed analysis of corporate sustainability; companies named to the Global 100 are the top overall sustainability performers in their respective industrial sectors.

BASF and Heritage Plastics Partnering to Bring ecovio® Bioplastics Production to U.S.

5 years ago - BASF has announced a strategic manufacturing partnership with Heritage Plastics, Inc. to produce the chemical company’s ecovio® compostable bioplastic products in North America.The partnership enables BASF to expand manufacturing of its ecovio biopolymers, which are currently only produced in Europe. ecovio production will begin immediately at the Heritage facility in Picayune, Mississippi.

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