In 2024, BASF was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
BASF has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of BASF are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, BASF reported EU Taxonomy-eligible revenues of EUR 8.42 billion, representing 12.9% of its total turnover. Of this amount, EUR 753.00 million of BASF's revenues was classified as EU Taxonomy-aligned, indicating that 1.2% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, BASF's taxonomy-aligned revenues increased by 200%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), BASF's taxonomy-aligned revenues decreased by 25% , suggesting that BASF may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
In 2024, BASF reported that EUR 8.42 billion of its revenue was eligible under the EU Taxonomy, representing 12.9% of the company's total turnover. Of this amount, EUR 753.00 million (1.2% of total revenue) was classified as Taxonomy-aligned. This means that 11.7% of BASF's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
In 2024, BASF reported that EUR 753.00 million of its revenue was aligned under the EU Taxonomy, representing 1.2% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
In 2024, BASF reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, BASF reported that EUR 783.12 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 1.2% of the company's total revenue, indicating that BASF has limited exposure on solutions that support climate action through its commercial activities.
In 2024, BASF reported EU Taxonomy-eligible CAPEX of EUR 1.66 billion, representing 25% of its total CAPEX. Of this amount, EUR 244.00 million of BASF's CAPEX was classified as EU Taxonomy-aligned, indicating that 3.7% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, BASF's taxonomy-aligned capital expenditure (CAPEX) increased by 640%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), BASF's taxonomy-aligned CAPEX decreased by 28.85%, suggesting that BASF may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, BASF reported that EUR 1.66 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 25% of the company's total CAPEX. Of this amount, EUR 244.00 million (3.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 21.4% of BASF's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, BASF reported that EUR 244.00 million of its CAPEX was aligned under the EU Taxonomy, representing 3.7% of its total capital investment.
This low alignment reflects that BASF is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, BASF reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, BASF allocated EUR 245.61 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.7% of the company's total capital expenditure, indicating that BASF has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
In 2024, BASF reported EU Taxonomy-eligible OPEX of EUR 621.00 million, representing 13.5% of its total operating expenses (OPEX). Of this amount, EUR 79.00 million of BASF's OPEX was classified as EU Taxonomy-aligned, indicating that 1.7% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Since 2022, BASF's taxonomy-aligned operating expenditure (OPEX) increased by 88.89%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), BASF's taxonomy-aligned OPEX decreased by 5.56%, suggesting that BASF may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, BASF reported that EUR 621.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 13.5% of the company's total OPEX. Of this amount, EUR 79.00 million (1.7% of total OPEX) was classified as Taxonomy-aligned. This means that 11.7% of BASF's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, BASF reported that EUR 79.00 million of its OPEX was aligned under the EU Taxonomy, representing 1.7% of its total operational expenditure.
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
In 2024, BASF reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, BASF allocated EUR 78.52 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 1.7% of the company's total OPEX, indicating that BASF has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.