AI Content Chat (Beta) logo

BASF Report 2021 Management’s Report – We Value People and Treat Them with Respect 106 Stakeholder Engagement We promote digital dialog on sustainability topics. In November as well as smallholder projects. The projects aim to help achieve GRI 102, 103, 413, 415 2021, we held the second hackathon as part of the Climathon SDG 2 by 2030 (Zero hunger). Forty-three companies signed the initiative in North and South America, where employees developed pledge, which is implemented by the Global Alliance for Improved At a glance digital solutions for sustainability topics. Nutrition (GAIN) and other international organizations. For more information on stakeholder dialog, see basf.com/en/stakeholder-dialog ▪ Dialog with various stakeholder groups with a focus on the For more information on our guidelines for responsible lobbying, see As a responsible neighbor and a partner in the Rhine-Neckar integration of the U.N. Sustainable Development Goals (SDGs) basf.com/guidelines_political_communication metropolitan region in Germany, our societal engagement strategy ▪ The Stakeholder Advisory Council’s focus areas: climate For more information on the Industry Associations Review, see basf.com/corporategovernance strengthens the participation and integration of disadvantaged protection, the energy transformation and food security groups, and promotes research and discovery. Societal Engagement GRI 203, 413 With Wissensfabrik – Unternehmen für Deutschland e.V., we We leverage the expertise of global initiatives and networks and promote a network of around 130 companies and corporate actively engage in dialog with various stakeholder groups, contrib- At a glance foundations that sponsor educational institutions and start-ups to . uting our expertise support children, young people, students and young entrepreneurs. ▪ BASF a responsible neighbor at sites worldwide The focus is on school projects that provide hands-on experience For instance, we have been a member of the U.N. Global Compact ▪ New business models improve local living conditions with STEM (science, technology, engineering and mathematics). (UNGC) since its establishment in 2000. As a recognized LEAD Due to the coronavirus pandemic, the project’s initiatives (such company, we contribute to the implementation of the Agenda 2030 as IT2School – Gemeinsam IT entdecken and KiTec – Kinder and the associated goals. For example, we support the UNGC Through our societal engagement, we want to address the needs of entdecken Technik) were also offered in digital formats, allowing action platforms, including the Sustainable Finance platform in the the communities surrounding our production sites worldwide, help these educational programs to continue even as school operations form of the CFO Taskforce for the SDGs, and the Decent Work in achieve the SDGs, and have a positive long-term impact on the were restricted. In the new City4Future project launched in early Global Supply Chains action platform, in which company represen- environment and society. This is why societal engagement is a 2022, schoolchildren explore topics related to energy, climate tatives and experts discuss how respecting human and labor rights cornerstone of our corporate social responsibility. It encompasses change and sustainability through play and can develop ideas for is crucial to achieving the SDGs. With the six-month SDG Ambition the focus areas of health, skills and resources. the urban living space of the future. program, the UNGC and the German Global Compact Network (DGCN) support participating companies in aligning their sustain- We work with partners worldwide to promote public health, for In South America, BASF initiated the Connect to Transform open call ability targets more closely with the SDGs and deriving specific example, to combat malaria. Through our New Nets project in coop- and has so far supported 48 social and environmental projects, measures from them. BASF is also active in 13 local Global Compact eration with The Global Fund, Unitaid and other financial partners, such as the Geração Futura Institute’s Mão na Massa project near ® G2 mosquito nets had networks. approximately 25 million of our Interceptor our local site in the São Bernardo do Campo region. The project been distributed in African countries as of December 2021. These trains women as bakers to promote their financial and personal In 2021, we again discussed relevant sustainability topics with the were specially developed to counter insecticide resistance in the autonomy. Stakeholder Advisory Council. Focus topics included climate fight against malaria and contain two different insecticides. The protection, the energy transformation and food security. Topics dis- project goal is to distribute a total of around 35 million nets by the We aim to create long-term value for BASF and society with new cussed by the Human Rights Advisory Council, which is chaired by end of 2022. business models and cross-sector partnerships. Our Starting our Chief Compliance Officer, included particular challenges in the Ventures program helps people from low-income areas to improve battery materials value chain. At the U.N. Food Systems Summit 2021, BASF signed the Zero their economic opportunities and their quality of life. The program Hunger Private Sector Pledge and announced that it would invest also provides access to new markets and partners, and contributes $11 million in initiatives in Africa, Asia, Central and South America, to reaching the SDGs. A new internal application round for Starting such as for seed production, malaria prevention and food fortification Ventures projects was launched in October 2021. The projects,

Integrated Report | BASF - Page 106 Integrated Report | BASF Page 105 Page 107