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BASF Corporation named to ‘Global 100 Most Sustainable Corporations in the World’ list by Corporate Knights

Published 11 years ago | About a 3 minute read

BASF Corporation named to ‘Global 100 Most Sustainable Corporations in the World’ list by Corporate Knights FLORHAM PARK, NEW JERSEY, January 28, 2013 – BASF Corporation has been named to the Global 100 list of the world’s most sustainable corporations at the World Economic Forum in Davos, Switzerland. The list is assembled by Corporate Knights, the Toronto-based media and investment research company. Recently recognized as the world’s most credible corporate sustainability ranking, the Global 100 consists of the 100 top-performing stocks worldwide on a range of sector-specific ‘sustainability’ metrics. BASF SE placed 35th in the Materials category. “BASF is excited about being named one of the most sustainable corporations in the world,” said Charlene Wall-Warren, Sustainability Director at BASF Corporation said. “For BASF, membership in this select group enables us to share science and innovation that helps meet the future needs of society and address Megatrends issues, such as, “How can we produce enough food to feed 9 billion people while preserving our land, water and clean air supply?” Supporting farmers in advancing sustainable outcomes in an ever-changing world requires a diverse and sustainable approach to development. BASF is dedicated to providing solutions that will help farmers realize success in advance economic, ecological and societal terms so they can tackle tomorrow’s challenges. Commenting on this year’s Global 100, Toby Heaps, Corporate Knights CEO, remarked, “The Global 100 are leading a resource productivity revolution, transforming waste into treasure and doing more with less. They are steering our civilization away from ecological overshoot and back to a place of balance with our planet.” He added, “on carbon, water, energy, and waste, the Global 100 are on track to double their resource productivity by 2025 in two-thirds of the cases, and in an era of peak commodity prices, this makes as many dollars as it does sense.” Corporate Knights collected data for the project primarily from Bloomberg and through direct engagement with the 350 companies that made the project’s shortlist, selected from the project’s starting universe of all global mid and large cap stocks (numbering approximately 4,000). The Global 100 uses a two-step methodology. First, companies from the starting universe are screened according to their sustainability disclosure practices, financial health, product types and recent legal payouts. Those companies that remain are then scored, relative to their same-sector peers, on a set of key performance indicators (KPIs). A different suite of KPIs is used for companies in each industry. For full rankings and other details, please see: www.global100.org or www.corporateknights.com/global100. BASF – The Chemical Company BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,000 employees in North America, and had sales of $20 billion in 2011. For more information about BASF’s North American operations, visit www.basf.us. BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com. For more information contact: Ellen Bravo BASF Corporation Tel: (973) 245-6425 E-mail: [email protected] Oleta LaRush BASF Corporation Tel: 289-360-6120 E-Mail: [email protected]