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BASF
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2017 Kepler Cheuvreux One Stop Shop Amsterdam
| Stefan Koch | Page 27 of 11 |
April 19, 2024
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"2017 Kepler Cheuvreux One Stop Shop Amsterdam"
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BASF Capital Market Story, June 2017 27 Carbon efficiency Responsible use of raw materials by the chemical industry ? BASF uses raw materials responsibly: ~80% of carbon converted to products, ~20% needed for processes* ? Continuous efficiency improvements ? 22 million tons CO 2 emissions by BASF in 2016 compared to 10–30 million tons p.a. for one coal-fired power plant ? Chemical industry: only ~10% of global consumption of fossil resources** ? Growing world population needs access to energy, housing, healthcare and food ? Consumption of resources has to be reduced in order to limit global warming to <2°C ? Chemistry as enabler for low-carbon technologies (e.g., lightweight parts, battery materials, insulation, etc.) 20% CO 2 80% products * BASF carbon mass balance calculation (2016, non-audited) **IEA 2015