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BASF sets ambitious goals for environment

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BASF sets ambitious goals for environment

BASF sets ambitious goals for environment
16.03.2012 – BASF significantly surpassed the record levels of 2010 in sales and earnings, and thus again earned a high premium on its cost of capital in 2011. Compared with 2010, sales increased by 15 % to 73.5 billion Euros. All regions contributed to this increase. Income from operations (EBIT) before special items improved by 4 % to 8.4 billion Euros and EBIT increased almost 11 % to 8.6 billion Euros.

Furthermore, BASF has established new ambitious environmental, health and safety goals. The company wants to increase its energy efficiency – defined as the amount of sales products in relation to the primary energy demand – worldwide by 35 % by 2020, compared to the previous goal of 25 %. In addition, BASF aims to reduce greenhouse gas emissions per ton of sales product by 40 %, originally set at 25 %. Within the area of occupational health, BASF will measure its performance with a new, expanded indicator, the “Health Performance Index.” Safety will continue to remain the top priority.
In 2011, BASF increased the energy efficiency of its production processes by 26 %, compared to 2002. The use of power plants with power-heat-technologies and other individual projects helped the company exceed its goal of improving its energy efficiency.
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