Epoxy curing agent News BASF releases “Climate Protection White Paper 2023”

BASF releases “Climate Protection White Paper 2023”

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Recently, BASF released the “2023 BASF Climate Protection White Paper”, which comprehensively introduces BASF’s strategic layout and specific routes to achieve its 2050 net-zero carbon emissions goal.

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This white paper will comprehensively showcase BASF’s innovative and sustainable solutions applied in various fields such as battery materials, transportation, construction, new energy, agriculture, and plastic recycling.

The 28th Conference of the Parties (COP28) of the United Nations Framework Convention on Climate Change has just concluded. This is an important opportunity for negotiation and change in the climate field. In terms of achieving its carbon emission reduction targets, BASF hopes to achieve
By 2020, reduce scope 1 and scope 2 carbon emissions by 25% compared with 2018, reduce scope 3.1 carbon emissions by 15% compared with 2022, and achieve 2050
Global net-zero CO2 emissions by 2020 (covering Scope 1, Scope 2 and Scope 3.1).

The white paper points out that achieving the “double carbon” goal in China is a broad and profound economic and social systemic change, which requires the whole society and all walks of life to start from themselves, jointly explore and establish reasonable paths, and rush to China’s “double carbon” goal. The road to carbon neutrality. As the world’s leading chemical company, BASF has always closely integrated economic success with social responsibility and environmental protection, and has long been committed to climate protection. By leveraging its technological and innovative advantages, BASF empowers the green transformation of various industries and contributes to China’s “dual carbon” goals.

Dr. Jianfeng Lou, Chairman and President of BASF Greater China, said: “BASF has always adopted an open and inclusive attitude and has not hesitated to share its expertise, experience and practices in climate protection and carbon management with the entire industry to promote the development of various industrial chains. Win-win development. BASF has always believed that the chemical industry has a broad and far-reaching impact in combating climate change, and chemical innovation will become a key cornerstone of building a low-carbon future, assisting the green transformation and sustainable development of all walks of life.”

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《2023
BASF’s Climate Protection White Paper summarizes BASF’s commitment to sustainable development throughout the entire value chain and incorporates responsible procurement, efficient and safe production, and the provision of sustainable solutions into the company’s carbon reduction actions.

1. Responsible purchasing

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BASF purchases renewable energy and raw materials with a low carbon footprint wherever possible, such as palm oil, castor oil, alanine produced by biological fermentation, etc. At the same time, BASF manages its upstream and downstream value chains in a responsible manner and actively promotes supplier evaluation to help them improve their sustainable development performance.

2. Safe and efficient production

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BASF promotes the development and application of climate-friendly process technologies through continuous R&D and innovation. The white paper showcases BASF’s latest progress in several revolutionary and innovative low-carbon production processes, including the world’s first all-electric steam cracking demonstration unit, zero-carbon hydrogen production process, and carbon dioxide capture, utilization and storage technologies.

3. Leading sustainable solutions

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In order to meet the rising demand for sustainable products in the Chinese market, BASF provides leading chemical solutions in the fields of battery materials, transportation, construction, new energy, agriculture, plastic recycling, etc., and supports the green transformation of upstream and downstream enterprises in the value chain.

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