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 “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, the value of diversity and inclusion is fundamental to how we create chemistry for a sustainable future. The different backgrounds, experiences and perspectives that our people bring to solving our customers’ challenges are critical to driving innovation and growth. They also make BASF a great place to work.”
Chief Diversity Officer
“We continue to benchmark ourselves against the best practices of the Top 50 Companies for Diversity, and create some best practices of our own. Our efforts are focused on hiring the best internally and externally, on creating an inclusive environment which embraces and derives value from diversity, and on recognizing and eliminating unconscious bias.”
U.S. Headquarters: Florham Park, N.J.
Global Employees: 113,000
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