BASF Climate Transition Analysis Update

Emissions, Petrochemicals, Chemicals, Financial Risk & Reward, Shareholder Engagement, Transparency & Traceability, Equity

In the best case scenario, BASF is expected to align with a 2°C pathway by 2030. The company’s pathway to 2030 is now better evidenced, supported by tangible actions in renewable sourcing, efficiency, and pilot-scale low-carbon technologies. However, reliance on post-2030 technological deployment, weak Scope 3.1 targets with incomplete coverage, and modest transition capex commitments mean that BASF is not aligned with a 1.5°C pathway.

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