The non-profit organization CDP (formerly the Carbon Disclosure Project) has rated BASF as one of the world’s leading companies in the areas of forest and climate protection and sustainable water management. BASF received an “A” rating in the categories of climate protection and forest protection and an “A-” rating for water security. This means that BASF achieved leadership status in all three categories.

“This renewed recognition by CDP confirms our consistent commitment and the effectiveness of our sustainability strategy. BASF will continue to develop innovative solutions for its customers and pursue an ambitious agenda to contribute to a sustainable future,” said Dr. Christoph Jaekel, Head of Corporate Sustainability at BASF.

BASF received an “A” rating in the climate category on CDP, not only achieving leadership status but also making it onto the A list.

This year, as in the previous year, BASF received an “A-” rating for water security. A CDP guideline stipulates that companies that manufacture products containing hazardous substances cannot receive an “A” in the water category. The CDP assessment takes into account how transparently companies report on their water management activities and how they reduce risks such as water scarcity. CDP also assesses the extent to which the product development of the companies evaluated can contribute to sustainable water management by their customers. BASF is implementing sustainable water management at all Verbund sites and at production sites in water-stressed areas by 2030. In 2024, target achievement was 65 percent.

BASF achieved an “A” rating for the first time for its efforts to protect forests. This rating is based on a detailed analysis of the palm oil value chain and activities that have an impact on ecosystems and habitats. Palm kernel oil and its primary derivatives are among the company’s most important renewable raw materials.

Among other things, the top rating was due to BASF’s high transparency in the disclosure of deforestation-relevant raw materials and supply chains, a high level of public engagement, and activities and initiatives such as smallholder projects in the palm oil supply chain. CDP represents over 640 investors with approximately $130 trillion in assets under management.

More than 31,500 companies are called upon to report in one or more categories. Around 300 companies with a purchasing volume of $6.4 trillion require their suppliers to participate in CDP reporting. CDP data is also included in the assessments of leading rating agencies. CDP scores are awarded annually on a scale from “A” to “D-”. Companies that provide no or insufficient information receive an “F” rating.