WHY IT’S ON THE LIST
BASF continues to work hard on its diversity-management efforts, making the list for the third year in a row.
Under the guidance of Chief Diversity Officer Patricia Rossman, the company has developed a very strong executive diversity council, with rotating spots for employee-resource-group members.
BASF also includes diversity and inclusion in its on-boarding for all new employees, including a “buddy” often supplied by an employee resource group. New employees attend a mandatory “Welcome to BASF” program, with an emphasis on diversity and inclusion.
BASF is a metrics-driven organization, which carries through in diversity and inclusion. The company has a very developed diversity scorecard, which includes metrics on recruitment, talent development, employee resource groups, mentoring and supplier diversity. It also has an employee movement pie chart, an industry comparison table and a talent/hiring decisions graph.
The dashboard gives clear targets to the North American leadership team that are linked directly to executive compensation. It aids in transparency in hiring and talent decisions, the company says.
Chairman and CEO
“At BASF, we create chemistry for a sustainable future. One key part of doing this is using the power of diversity to drive innovation and growth. Through efforts to attract, develop and retain the best and most diverse team, we gain access to a broad range of new ideas and different perspectives which drives our profitable growth.”
Chief Diversity Officer
“We will only meet our ambitious business goals by becoming more diverse and inclusive. Our efforts supporting inclusive leadership, expanded talent sources, employee resource groups and metrics deliver competitive advantages for our customers and personal advantages for our people.”
U.S. Headquarters: Florham Park, N.J.
Global Employees: 17,000
U.S. Employees: 15,000
Last Year’s DiversityInc Top 50 Ranking: No. 26
OTHER DIVERSITYINC LISTS
No. 10 Top 10 Companies for Diversity Councils