BASF Report 2021 Management’s Report – Opportunities and Risks 160 In addition to climate-related risks, there are also opportunities. Our broad product portfolio includes, among other things, solutions for the circular economy and climate protection (such as insulation foams for buildings, materials for electromobility and bio-based products). Increased social awareness offers additional market opportunities for these products. We are working with numerous scientific and public organizations and initiatives on solutions for sustainable agriculture that meet economic, environmental, and social demands over the long term. Our decentralized specialists use a central decision tree to docu- ment reportable sustainability risks within the meaning of sec- tion 289b et seq. of the German Commercial Code. No reportable residual net risks within the meaning of section 289b et seq. of the German Commercial Code were identified for 2021. For more information on sustainability management, see page 45 onward For more information on energy and climate protection, see page 126 onward For more information on opportunities and risks from energy policies, see page 155 For more information on our positions on and contributions to climate protection, see basf.com/en/sustainable-solution-steering