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BASF SE

ISIN: XS1548387593 | International | International
Score 4 - Comprehensive
Full assessment

BASF presents a notably comprehensive system to keep its climate-related advocacy in line with its own strategy and the Paris goals. The company explains that "BASF assures global alignment of its advocacy work and its activities in associations via established governance processes and internal networks that apply to all regions," and that these processes are codified in its "Policy on Political Relations and Advocacy" and "Policy on Political Association Management," which oblige employees to "monitor the association's activities and trigger action if there is a significant contradiction between the association's advocacy goals and the values, principles and strategy of BASF." Oversight is clearly anchored at the highest level: the "Corporate Communications & Government Relations unit reports directly to the Chairman of the Board of Executive Directors," while "The Board of Directors decides on BASF's climate change strategies... and the heads of the Corporate Development unit and the Net Zero Accelerator project report to the Board... to ensure consistency of actions." The company describes concrete mechanisms for both direct and indirect lobbying: it "engages directly with policymakers in all key markets" under "transparent guidelines and our publicly stated positions," and, for trade bodies, it "regularly review[s] the positions and activities on climate and energy policies of our major associations and publish[es] our findings on the internet," increasing engagement to change an association's stance or, if necessary, "the membership may be terminated." BASF also makes public an "Industry Associations Review [that] compares the energy and climate protection positions of BASF and the most important associations," providing an explicit, published assessment of alignment. These disclosures, combined with the stated escalation steps ("If advocating against BASF's key interests cannot be prevented... the membership may be terminated or we publicly state that BASF has a diverging view") indicate an end-to-end governance framework covering monitoring, escalation, public reporting and board-level oversight, demonstrating strong transparency and accountability around both direct and indirect climate-lobbying activities.

This assessment is part of the Lobbying Governance Index, covering 8,500 companies scored on whether they have processes to oversee their climate lobbying. See all companies in International or all companies in International.