Integrated report published: reduction of greenhouse gas emissions by 29% compared with 2002

Global Reporting Initiative reaffirmed maximum transparency to BASF Report

In its Report 2010 published today, BASF demonstrates how it creates measurable value for employees, shareholders, customers and society with its innovative products and solutions. BASF reached an important goal in 2010: Specific greenhouse gas emissions have been reduced by 29% compared with 2002, so that the company reached its goal for 2020 for the first time.

The report combines economic, ecological and social aspects. The publication meets the internationally recognized Standards of Global Reporting Initiative (GRI) for sustainability reporting. The independent institution reaffirmed maximum transparency for the fourth time in succession, issuing an A+ rating.

The report documents BASF’s entrepreneurial performance and shows how sustainability contributes to corporate success. BASF measures its performance on the basis of clearly defined targets for the three areas economy, ecology and society: In 2010, BASF again earned a premium on its cost of capital with a record premium of €3.5 billion. The proportion of senior managers with international experience rose to 78%.

BASF is currently working on new goals for the reduction of greenhouse gas emissions and is continuously enhancing its reporting on greenhouse gas emissions. For the first time in 2010, BASF takes into account the newly drafted standard of the Greenhouse Gas Protocol for reporting emissions along the value-adding chain. BASF has contributed its know-how to the development of this new standard elaborated by international sustainability experts. The new guidelines aim for more transparency and conformity in corporate carbon reporting.

The result of BASF’s corporate carbon footprint for 2010: In addition to significant reductions in greenhouse gas emissions from its own production BASF reduced its customers’ CO2-footprint by 322 million tons through innovative climate protection solutions.

Last year, BASF achieved once again external recognition for its sustainable development strategy and its implementation in the company from a number of sources: for the tenth time running, the company was listed in the Dow Jones Sustainability Index and tops again the Materials sector of the prestigious Carbon Disclosure Leadership Index. In addition, BASF is listed in the new Carbon Performance Leadership Index (CPLI).

The Report 2010 is available on the internet at www.basf.com/report. The online report has numerous service features including an interactive statistics comparison, a keyword search facility, a download manager and audio books/MP3 files. Readers can use the interactive comparison function to select individual parameters and periods and display the results in the form of a diagram. Printed versions of the Report 2010 can be ordered on the internet at http://basf.com/mediaorders.

About BASF

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the internet: www.basf.com