BASF SE, headquartered in Ludwigshafen, Germany, stands as a global leader in the chemical industry. Founded in 1865, the company has evolved into a powerhouse with a diverse portfolio spanning chemicals, plastics, performance products, and agricultural solutions. With operations in over 80 countries, BASF serves key markets across Europe, North America, and Asia. Renowned for its innovative approach, BASF offers unique products such as advanced crop protection solutions and high-performance materials that cater to various industries. The company’s commitment to sustainability and research has positioned it as a frontrunner in the market, achieving notable milestones like the development of eco-friendly chemical processes. With a strong emphasis on quality and innovation, BASF continues to shape the future of the chemical sector.
How does BASF's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
BASF's score of 11 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BASF reported significant carbon emissions, totalling approximately 16,900,000,000 kg CO2e for Scope 1, 5,000,000,000 kg CO2e for Scope 2, and 47,000,000,000 kg CO2e for Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, covering direct emissions from operations (Scope 1), indirect emissions from energy consumption (Scope 2), and the broader value chain emissions (Scope 3). Comparatively, in 2021, BASF's emissions were approximately 17,234,000,000 kg CO2e for Scope 1, 2,464,000,000 kg CO2e for Scope 2, and 101,000,000,000 kg CO2e for Scope 3. This indicates a slight reduction in Scope 1 emissions over the two years, while Scope 3 emissions have decreased significantly. BASF has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to focus on improving its sustainability practices and reducing its carbon footprint across its operations and supply chain. The commitment to transparency in emissions reporting underscores BASF's dedication to addressing climate change and enhancing its environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2023 | |
---|---|---|
Scope 1 | 17,234,000,000 | 00,000,000,000 |
Scope 2 | 2,464,000,000 | 0,000,000,000 |
Scope 3 | 101,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
BASF is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.