No. 25 | BASF | DiversityInc Top 50

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WHY THEY'RE ON THE LIST

BASFKEY RESULTS

  • Women in Senior Leadership: 7.7% more than the S&P 500
  • Level 2 Mentoring Participation: 51.9% more than the Top 50
  • Employees in Resource Groups: 11% more than the Top 50

BEST PRACTICES

BASF understands that diversity — of people, experience, and perspective — is a clear competitive edge in the global economy and paramount to the success of its business. The company continues to advance in D&I on the strength of commitment to ensuring that 50% of the people being interviewed for roles, and 50 percent of the people doing the interviewing are diverse. This effort is directed to helping ensure the company selects great talent from across the full spectrum of the talent market.

Rigorously applied human capital insight allows BASF to hold managers accountable for tangible improvements in diversity. Moving beyond simply tracking representation, BASF’s innovative dashboard tracks impact of the behaviors of leaders, providing them, as well as human resources, with the context needed to make smarter hiring and development decisions through detailed, real-time, actionable data.

BASF supports mentoring participation to develop, engage and retain top talent. Participation helps employees to “deepen roots,” expand networks and become better connected to the pulse and business of the company. The program focuses on enriching longer term career skills rather than job-specific knowledge. Partnership between mentors and mentees reaches across organizational lines to promote cross-unit collaboration and knowledge sharing. Mentees gain a broader business perspective, a wider network and constructive feedback. Meanwhile mentors develop enhanced coaching skills and the opportunity to see the business and their leadership styles through fresh eyes, gaining better insights all around.

BASF has also made an impact in fostering up and coming STEM (science, technology, engineering and mathematics) talent through a variety of high profile diversity recruiting partnerships. In 2016, the company was named a top supporter of the engineering schools of Historically Black Colleges and Universities (HBCUs). BASF has partnerships with schools including Southern University and North Carolina A&T.

DIVERSITY LEADERSHIP

Wayne Smith

Chairman and CEO

“At BASF, we believe in the power of diversity and inclusion to create rich connections with our people, our customers, and our communities. Individuals with different backgrounds and experiences bring new ideas and perspectives to the table. Diversity makes us stronger, and leveraging our differences enables us to bring the best of BASF to everything we do.”

Patricia Rossman

Chief Diversity Officer

“At BASF, we value the differences in our workforce as they are the key to the success of our business. Receiving this prestigious honor from DiversityInc is a testament to our commitment to build an inclusive environment encompassing all aspects of diversity, including gender, race, experience, and points of view.”

COMPANY FACTS

BAS (ETR)

U.S. Headquarters: Florham Park, N.J.

Global Employees: 114,000

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