EL56 - BASF Presents: Value to Society. We want to contribute to a world that provides a viable future with enhanced quality of life for everyone. But is there a way to measure this?

Thursday, November 9 from 12:30 PM to 1:30 PM | Booth #L446 « Back

Abstract Text:

With the Value-to-Society approach, we are entering a new area of performance measurement going beyond established qualitative and quantitative. The results reflect our ‘real’ value contribution, our benefits and costs to society; e.g. the societal costs of carbon emissions. Measuring and expressing our impact on society in monetary terms improves the understanding of the relevance of specific economic, social and environmental impacts and their interdependencies along the different levels of our value chain. This transparency supports the integrated character of actions that contribute to long-term success. In Value-to-Society we assess our relevant impacts along our entire supply chain, our own operations, and our customer industries. The impacts of our products in their consumer use phase and end-of-life are covered case-by-case.


GBCI Credit Hours:

Event Type: Education Lab > Session