This year, the chemicals group "has been especially recognized for its comprehensive innovation management, environmental and social reporting as well as its focused materiality assessment," according to BASF.
The DJSI World is one of the most renowned sustainability indices. It represents the top 10 percent of the largest 2,500 companies in the S&P Global Broad Market IndexSM based on their sustainability performance.
BASF has been included in the DJSI World for 17 consecutive years. The selected companies must demonstrate continuous improvement with regard to sustainability and are assessed by analysts from asset manager RobecoSAM.
“We are very pleased about the result. We are continuously working to improve our sustainability performance and being listed for the seventeenth time in a row confirms that we are on the right track,” said Dirk Voeste, VP, Sustainability Strategy at BASF.
BASF is also listed in the FTSE4Good Index Series. Only companies that meet stringent criteria in social, environmental and corporate governance (ESG) and manage to continuously confirm or develop these in regularly conducted assessments are listed in these indices, the company noted.
BASF said it is top class in terms of ESG among chemical companies belonging to the index.
Additional information on BASF’s sustainability approach is available here.
BASF’s sustainability ratings and rankings can be found here.