Nonfinancial statement (NFS) in accordance with sections 315b and 315c of the German Commercial Code (HGB)

In order to meet the new reporting requirements of the CSR Directive Implementation Act, we conducted an additional internal analysis based on the materiality criteria defined by the legislation in 2017. Findings of a systematic survey already conducted internally were used to analyze the effects of sustainability topics along the value chain on BASF’s business. We were able to derive BASF’s impact along the value chain on the nonfinancial matters defined by the legislation based on the results of the Value to Society method. The nonfinancial statement (NFS) in accordance with sections 315b and 315c of the German Commercial Code is integrated into the Management’s Report.

The NFS disclosures can be found in the relevant sections of the Management’s Report and have been prepared in accordance with the new Global Reporting Initiative Standards (“Comprehensive” application option) and the reporting requirements of the U.N. Global Compact.

Both the NFS disclosures and our sustainability reporting based on the GRI standards have undergone an audit with limited assurance by our auditor.1 The table below indicates the sections and subsections in which the individual NFS disclosures can be found.

Nonfinancial statement (NFS) disclosures in the relevant chapters of the integrated report

NFS disclosure

 

Topics

Concepts

 

 

 

 

Business model

 

The BASF Group

The BASF Group

 

 

 

 

Environmental matters

 

Process safety

Goals
Responsible Care Management System, Production (goals, measures, results)

 

Emergency response and corporate security

Responsible Care Management System, Production (goals, measures, results)

 

Product stewardship

Goals
Responsible Care Management System, Product Stewardship (goals, measures, results)

 

Transportation and storage

Responsible Care Management System, Transportation and Storage (goals, measures, results)

 

Energy and climate protection

Goals
Responsible Care Management System, Energy and Climate Protection (goals, measures, results)

 

Water

Goals
Responsible Care Management System, Water (goals, measures, results)

 

Emissions to air

Responsible Care Management System, Air and Soil (goals, measures, results)

 

Management of waste and contaminated sites

Responsible Care Management System, Air and Soil (goals, measures, results)

 

Portfolio management

Goals
Portfolio management (goals, measures, results)

 

Suppliers

Goals
Suppliers (goals, measures, results)

 

 

 

 

Employee-related matters

 

Occupational safety

Goals
Responsible Care Management System, Production (goals, measures, results)

 

Health protection

Goals
Responsible Care Management System, Production (goals, measures, results)

 

Competition for talent

Competition for Talent (goals, measures, results)

 

What we expect from our leaders

Expectations of Our Leaders (goals, measures, results)

 

Learning and development

Goals
Learning and development (goals, measures, results)

 

Inclusion of diversity

Goals
Diversity (goals, measures, results)

 

Compensation and benefits

Compensation and Benefits (goals, measures, results)

 

Employees participate in the company’s success

Compensation and Benefits (goals, measures, results)

 

Dialog with employee representatives

Employee dialog (goals, measures, results)

 

Global labor and social standards

Labor and Social Standards (goals, measures, results)

 

Suppliers

Goals
Suppliers (goals, measures, results)

 

 

 

 

Social matters

 

Societal acceptance

Integration of sustainability, Societal acceptance (goals, measures, results)

 

 

 

 

Respect for human rights

 

Responsibility for human rights

Human Rights (goals, measures, results)

 

Global labor and social standards

Labor and Social Standards (goals, measures, results)

 

Suppliers

Goals
Suppliers (goals, measures, results)

 

 

 

 

Anti-corruption and bribery matters

 

Compliance

Compliance (goals, measures, results)

 

Suppliers

Goals
Suppliers (goals, measures, results)

1 Key:

The content of this paragraph (symbol at the end of the paragraph) or section (symbol below the section) is not part of the statutory audit of the annual financial statements but has undergone a voluntary audit by our auditor.

If the symbol is underlined, it is relevant to the entire section.