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| Overall Assessment |
Comment |
Score |
| Comprehensive |
BASF SE has demonstrated a comprehensive level of transparency regarding its climate lobbying activities. The company explicitly names several specific climate policies it has engaged with, including the EU Emissions Trading System (ETS), the revision of the EU Renewable Energy Directive, the EU Battery Regulation, and Germany's Renewable Energy Sources Act (EEG). It provides detailed information about these policies, such as their mechanisms, objectives, and implications, showcasing a clear and transparent approach to identifying the policies it has lobbied. BASF also discloses its lobbying mechanisms extensively, mentioning direct meetings with Members of the European Parliament (MEPs), government officials, and the European Commission, as well as participation in stakeholder consultations, public hearings, and events in Brussels. The company identifies specific targets of its lobbying efforts, such as MEPs, government departments, and international organizations, ensuring clarity in its engagement processes. Furthermore, BASF articulates the specific outcomes it seeks through its lobbying efforts, such as advocating for Contracts for Difference to incentivize the transition of hard-to-abate sectors, maintaining free allocation and compensation for electricity costs under the EU ETS, and supporting reforms to Germany's EEG to lower electricity costs. It also opposes certain policy measures, such as the Carbon Border Adjustment Mechanism (CBAM), providing detailed reasoning for its stance. These disclosures reflect a high level of transparency in BASF's climate lobbying activities and objectives.
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4
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| Overall Assessment |
Comment |
Score |
| Comprehensive |
BASF demonstrates a comprehensive governance process for climate lobbying alignment, encompassing both direct and indirect lobbying activities. The company explicitly states that "the Board of Directors decides on BASF's climate change strategies," with oversight provided by "the heads of the Corporate Development unit and the Net Zero Accelerator project," who report directly to the Board, indicating clear accountability structures. BASF ensures global alignment of its advocacy work through "established governance processes and internal networks that include all world regions," which are connected via regular updates through email and web conferences. The company also describes a robust monitoring mechanism, stating that "representatives have regular meetings (about monthly) with relevant BASF colleagues" to jointly agree on positions and publish them on the company website, serving as a "yardstick against which we and others measure our own and our industry group's activities." Furthermore, BASF conducts regular reviews of "the positions and activities on climate and energy policies of our major associations" and publishes these findings online. If discrepancies arise, BASF takes proactive measures to "increase its engagement in that association to improve alignment or to demand that the association stops advocating against our interests or our values and principles." In cases where alignment cannot be achieved, BASF performs "an overarching assessment of the association's performance, positions, views and membership value" to decide on the future of its membership. This detailed governance process, including monitoring, accountability, and alignment enforcement, indicates strong transparency and oversight in climate lobbying governance.
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4
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