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Net Zero CO2 Emissions by 2050

The transition toward a climate-friendly society remains a fundamental challenge of the 21st century. As an energy-intensive company, BASF has set itself an ambitious goal of climate neutrality by 2050. In doing so, we want to move forward as quickly as possible

Published On: 04/21/21

20210323 Our Carbon Management Internet Slideshow EN slide 4




Along our journey to reach net zero by 2050, BASF has set a goal to reduce our greenhouse gas emissions worldwide by 25 percent by 2030 compared with 2018 – and to achieve this despite targeted growth and the construction of a large Verbund site in South China. Excluding the effects of the planned growth, this means cutting CO2 emissions in half in the current business by the end of this decade.




In 2018, BASF Group’s worldwide emissions amounted to 21.9 million metric tons of CO2  equivalents. In 1990, this figure was roughly twice as high. The new 2030 emissions goal represents a reduction of approximately 60 percent compared to 1990 levels, which exceeds the European Union’s target of minus 55 percent.

Carbon management slide

Product carbon footprints



For Care Creations customers, the more important question may be, “what
is the carbon footprint of the products I buy from BASF?” and, “how will
BASF products enable me to meet my ambitious climate goals?”

That’s why BASF has invested in providing customers with the Product Carbon Footprint (PCF) of approximately 45,000 products. The PCF comprises all product-related greenhouse gas emissions that occur until the BASF product leaves the factory gate for the customer: from the purchased raw material to the use of energy in production processes.

PCFs provide brands with valuable information on levers for avoiding greenhouse gas emissions. BASF's biomass balance approach, in which fossil resources are replaced by renewable raw materials from organic waste and vegetable oils in production and mathematically allocated to the sales product, is one method to reduce the carbon footprint of products. The BASF products from this approach have the same properties as products based on purely fossil raw materials – but with a lower carbon footprint.

Explore BASF’s climate commitment and reach out to us to learn more about the biomass balance approach.

Resources

Read more about BASF’s approach to Product Carbon Footprint: Product Carbon Footprint (basf.com)

BASF Climate Goal: Net Zero CO2 emissions by 2050 Climate Protection (basf.com)