BASF SE

Common Name
BASF
Country
Germany
Sector
Basic Materials
Industry
Chemicals
Employees
109,717
Ticker
BAS
Exchange
XETRA
Description
BASF SE is a leading chemical company known for its extensive product portfolio and global reach. As a core player in the chemical industry, BASF SE manufactures a wide range of chemical products, whi...

BASF's GHG Emissions Data Preview

In 2024, BASF completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

BASF has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into BASF's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of BASF amounted to 18,803,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of BASF decreased by 0.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

BASF's Scope 1 Emissions Over Time

201820192020202120222023202405 M10 M15 M20 MtCO2e-7%+6%+1%-15%-2%-2%
  • Total Scope 1
  • Year-over-Year Change

What are BASF's Scope 1 emissions?

In 2024, the total Scope 1 emissions of BASF were 15,216,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has BASF reduced its Scope 1 emissions over time?

Since 2018, BASF's Scope 1 emissions have decreased by 18.12%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), BASF's Scope 1 emissions decreased by 2.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are BASF's Scope 2 emissions?

In 2024, BASF reported Scope 2 greenhouse gas (GHG) emissions of 2,416,000 tCOâ‚‚e using the market-based method, and 3,587,000 tCOâ‚‚e using the location-based method.

Has BASF reduced its Scope 2 emissions over time?

Since 2018, BASF's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that BASF 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2023), BASF's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that BASF 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does BASF use for Scope 2 reporting?

In 2024, BASF reported its Scope 2 emissions using the market-based method and using the location-based method.

BASF's Scope 2 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into BASF's Value Chain Emissions

In 2024, BASF reported 94,490,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of BASF includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

BASF's Scope 3 Emissions Over Time

2018201920202021202220232024030 M60 M90 M120 MtCO2e+84%-8%+11%-9%-7%+11%
  • Total Scope 3
  • Year-over-Year Change

What are BASF's Scope 3 emissions?

In 2024, BASF reported total Scope 3 emissions of 94,490,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 67.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 32.67% came from downstream activities like product use, distribution, and end-of-life treatment.

Has BASF reduced its Scope 3 emissions over time?

Since 2018, BASF's Scope 3 emissions have increased by 74.56%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), BASF's Scope 3 emissions increased by 10.73%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does BASF disclose?

In 2024, BASF reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of BASF's Scope 3 emissions?

In 2024, the largest contributors to BASF's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 54,130,000 tCOâ‚‚e (57.27%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 24,750,000 tCOâ‚‚e (26.19%)
  • Investments (Cat. 15): 3,120,000 tCOâ‚‚e (3.3%)

BASF's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(57.3%)Investments(Cat. 15)(3.3%)End-of-LifeTreatment of SoldProducts (Cat. 12)(26.2%)

Insights into BASF's Total Carbon Footprint

In 2024, BASF reported a total carbon footprint of 113,293,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.71% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to BASF's total carbon footprint was Scope 3 emissions, accounting for 83.4% of the company's total carbon footprint, followed by Scope 1 emissions at 13.43%.