Steam cracker II, the largest individual plant at BASF’s Ludwigshafen site, covers a surface area of about 64,000 square meters, which is about the size of 13 soccer fields. The steam cracker is also the heart of BASF’s Verbund production strategy. Copyright by BASF.
BASF (No. 24 on the Fair360, formerly DiversityInc Top 50 Companies list) is one of the world’s leading companies in sustainable water management and has been included in the “CDP Water A” list for the first time.
The international nonprofit organization CDP (formerly “Carbon Disclosure Project”) announced its latest results at the CDP Global Water Forum held in Morocco on November 15. CDP works with institutional investors with assets of US$100 trillion.
Of the 607 rated companies, just 24 received an “A” rating, including BASF. The CDP assessment for sustainable water management evaluates how transparently companies report on their water management activities and how they reduce risks such as water scarcity. Further, CDP assesses the extent to which product developments can contribute to sustainable water management on behalf of the rated companies’ customers.
Efficient water use and the development of sustainable solutions for local water problems are important elements of BASF’s water stewardship strategy. Here, BASF cooperates with other local water users, such as municipalities and companies operating in the same river basin district.
More about water management of BASF: https://www.basf.com/en/company/sustainability/environment/water.html
More about sustainability ratings and rankings of BASF: https://www.basf.com/en/company/investor-relations/sustainable-investments/sustainability-ratings-and-rankings.html
