Protecting natural resources and empowering people along the value chain
BASF has published its first Responsible Sourcing Report (RSR) for its Care Chemicals division. The report is a refinement of the existing Palm Progress Report, which has been published annually since 2016. The new Responsible Sourcing Report outlines the company’s developments and achievements and extends the focus beyond palm (kernel) to coconut oil, castor oil as well as bio-based active-ingredients.
In 2022, BASF purchased 1.2 million metric tons of renewable raw materials. Shifting from fossil to bio-based starting materials can achieve positive effects like reducing greenhouse gas emissions. However, if not sourced responsibly, there is the risk of a negative impact to biodiversity, land use and working conditions.
As part of BASF’s commitment to enhance sustainability along the entire value chain, the company is working with trusted partners to improve sustainability not only in the businesses oil palm supply chain but also in other crops where the company has expanded its certified-sustainable offerings.
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