Net-Zero Target Commitments

BASF has set ambitious goals to reduce its Scope 3.1 emissions by 15% across its entire portfolio by 2030 and achieve net-zero greenhouse gas emissions by 2050. Scope 3.1 emissions refer to indirect emissions from the goods and services BASF purchases from its suppliers. The company aims to achieve these targets by implementing new technologies that replace fossil fuels with renewable energy sources, enhancing energy efficiency, and promoting sustainable practices throughout its supply chain. BASF's commitment to reducing emissions is part of its broader strategy to align with the Paris Climate Agreement and contribute to global climate protection efforts.

To support these goals, BASF is investing in renewable energy projects, such as wind parks, and collaborating with partners to develop low-emission technologies. The company also plans to systematically improve existing production plants and switch to renewable energy sources to meet its electricity needs. By focusing on continuous improvement and innovation, BASF aims to significantly reduce its carbon footprint and support the transition to a more sustainable and environmentally friendly chemical industry.

Image Credit: BASF