BASF, officially known as BASF SE, is a leading global chemical company headquartered in Japan. Established in 1865, BASF has evolved into a powerhouse in the chemical industry, with significant operations across Asia, Europe, and the Americas. The company is renowned for its diverse portfolio, which includes chemicals, plastics, performance products, and agricultural solutions, all designed to enhance sustainability and efficiency. BASF's commitment to innovation is evident in its core offerings, such as advanced materials and crop protection products, which are tailored to meet the unique needs of various industries. With a strong market position, BASF has achieved numerous accolades for its sustainable practices and cutting-edge technologies, solidifying its reputation as a trusted partner in the global marketplace.
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 10 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BASF reported total carbon emissions of approximately 16,900,000,000 kg CO2e globally, with Japan contributing about 33,596,000 kg CO2e. This marks a significant reduction from 2022, where global emissions were about 18,400,000,000 kg CO2e and Japan's emissions were approximately 47,895,000 kg CO2e. BASF's emissions data indicates a downward trend over the years, with global emissions decreasing from about 40,100,000,000 kg CO2e in 1990 to the latest figures. However, specific details regarding the scope of emissions (Scope 1, 2, or 3) and any formal reduction targets or initiatives have not been disclosed. Despite the absence of specific reduction targets or climate pledges, BASF continues to focus on sustainability and reducing its carbon footprint as part of its broader climate commitments. The company is actively engaged in initiatives aimed at enhancing environmental performance and addressing climate change challenges.
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.