BASF “Best in Class” in Climate Protection
* BASF’s innovative products reduce CO2 emissions
BASF Aktiengesellschaft has been honored as Best in Class in its approach to addressing the challenges of climate change by the Carbon Disclosure Project (CDP), and has again been included in the Climate Leadership Index. The CDP is an initiative involving 155 institutional investors, who represent $21 trillion in assets under management. The CDP supports the reporting of greenhouse gas emissions by companies and annually selects 60 of the world’s 500 top companies on how they deal with the opportunities and risks of climate change.
“We support sustainable, global climate protection. As an energy-intensive industrial company, we address the challenges linked to climate change and the consumption of resources. For example, rising energy costs are a risk. We confront them by consistently increasing efficiency in power generation, energy consumption and in our chemical processes. We particularly see opportunities in the development and marketing of new products for reducing CO2,“ explained Ernst Schwanhold, President of BASF’s Environment, Safety & Energy competence center.
Between 1990 and 2002, BASF voluntarily reduced greenhouse gas emissions per metric ton of sales product by 61 percent. By 2012, the company wishes to decrease its worldwide greenhouse gas emissions per metric ton of sales product by an additional 10 percent. Making a major contribution to that is a new power station with two gas-turbine plants in Ludwigshafen, which saves 500,000 metric tons of CO2 per year. BASF uses more than 13 gas-turbine plants worldwide, and an additional eight are operated by partner companies. Innovations in production processes also reduce greenhouse gas emissions. For example, BASF’s CO2 emissions are decreased through the use of a new catalyst system in acrylic acid production by 230,000 metric tons per year.
BASF offers its customers innovative products and technologies to achieve high energy-saving potentials in transport, households and buildings. Among other things, by using special plastics for more efficient thermal insulation in an apartment building, heating energy demand can be reduced on average from 25 to 7 liters of heating oil per square meter. Consequently, there is a savings potential of 84 million metric tons of CO2 per year in 24 million living units, which need to be refurbished in Germany. Plastics and fuel additives also achieve tremendous results in the automotive field. More than 130 million metric tons of CO2 equivalent are saved in the above-mentioned areas by innovative BASF products alone.
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