BASF Expands Sustainable Sourcing Initiatives in Latest Responsible Sourcing Report

BASF Expands Sustainable Sourcing Initiatives in Latest Responsible Sourcing Report

(IN BRIEF) BASF has released its second Responsible Sourcing Report, highlighting progress in sustainable sourcing within its Care Chemicals division. Key achievements in 2023 include sourcing 96% of palm oil from RSPO-certified mills, expanding partnerships with Solidaridad to support smallholder palm oil farmers, and improving access to sustainable certified coconut and castor oil. The report also updates the Responsibly Active Program, which focuses on strengthening botanical supply chains, with 90% of raw materials now bio-based and 58% of botanicals sustainably sourced. BASF remains committed to promoting sustainability and supporting smallholder livelihoods.

(PRESS RELEASE) LUDWIGSHAFEN, 12-Sep-2024 — /EuropaWire/ — BASF has published the second edition of its Responsible Sourcing Report (RSR), showcasing its 2023 achievements in sustainability across economic, environmental, and social dimensions. The report underscores BASF’s ongoing efforts to support smallholder farmers and promote sustainable practices in its Care Chemicals division. This includes sourcing 96% of its palm oil from RSPO-certified mills and expanding the use of Sustainable Certified Coconut Oil (SCNO) and certified castor oil through initiatives like the Pragati project.

A key highlight of 2023 is BASF’s expanded partnership with the global civil society organization Solidaridad, aimed at improving the livelihoods of smallholder palm oil farmers in Indonesia and Malaysia. The collaboration focuses on building resilient production systems and preparing farmers for certification, with special attention on training female farmers to enhance inclusivity in the sector.

The report also provides an update on BASF’s Responsibly Active Program, which focuses on strengthening the botanical supply chain. As part of this initiative, 90% of BASF’s bioactives unit’s raw materials are now bio-based, and 58% of its botanicals come from sustainable sources. BASF is committed to advancing these efforts to foster a sustainable future.

For more details, visit the BASF Care 360° sustainability page.

About the Care Chemicals division at BASF
The BASF division Care Chemicals division offers a broad range of ingredients for personal care, home care, industrial & institutional cleaning, and technical applications. We are a leading global supplier for the cosmetics industry as well as the detergents and cleaners industry, and support our customers with innovative and sustainable products, solutions and concepts. The division’s high performance product portfolio includes surfactants, emulsifiers, polymers, emollients, chelating agents, cosmetic active ingredients and UV filters. We have production and development sites in all regions and are expanding our presence in emerging markets. Further information is available online at www.care-chemicals.basf.com.

About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world.

Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States.

Further information at www.basf.com.

Media Contact:

Media Relations
Olga Hog
Phone: +49 173 3478210
olga.hog@basf.com

SOURCE: BASF