BASF (BAS) investor relations material

Value chain and emissions profile

• Operates complex, multi-step value chains, selling products at every stage, with margins increasing significantly downstream along the ethylene oxide chain.

• Ten base chemical production technologies account for the majority of CO2 emissions, with steam crackers and ammonia among the most intensive.

• Reports emissions across the entire value chain, with Scope 3 upstream emissions being the largest component.

Climate targets and decarbonization strategy

• Reduced Scope 1 and 2 emissions by over 50% since 1990, targeting net-zero by 2050 and a 25% reduction by 2030 versus 2018.

• Committed to a 15% reduction in specific Scope 3.1 emissions by 2030 compared to 2022.

• Transformation spending of €1.2 billion planned from 2026–2029, with major green capex expected after 2030.

Operational excellence and technology innovation

• Over 550 operational excellence measures implemented in 2025, reducing CO2 emissions by 240,000 metric tons that year.

• Progress on carbon abatement technologies includes eFurnace, water electrolysis, and methane pyrolysis demonstration plants.

• World's largest industrial heat pump under construction for CO2-free steam generation, aiming for 98% emission reduction in formic acid production.