BASF is Accelerating the Implementation of its CO2 Reduction Targets

With a new project organization, BASF is bundling and accelerating its extensive cross-company activities to reduce its CO₂ emissions by 25% by 2030 compared with 2018 and become climate neutral by 2050. The unit, called “Net Zero Accelerator”, focuses on implementing and accelerating projects relating to low-CO₂ production technologies, circular economy and renewable energies.

“With the new project organization, we are continuing to accelerate and create more powerful structures within BASF to achieve our ambitious goals,” said Martin Brudermüller, chairman of the board of executive directors of BASF SE. “This further step demonstrates the determination to drive forward our transformation to a climate-neutral company.”

The Net Zero Accelerator unit will be led by Lars Kissau (48) as president, reporting directly to the chairman of the board of executive directors. Under Kissau’s leadership, existing and new projects to achieve the CO₂ reduction targets will be launched and driven forward at corporate level worldwide in the future. The aim is to move the projects into the implementation phase over the next few years. By pooling expertise around renewable energies, alternative raw materials and CO₂ reduction technologies, BASF will increase the speed of implementation and achieve scaling effects more quickly, thus making an important contribution to climate protection. In parallel, the operating divisions will continue to work on divisional projects to implement BASF’s ambitious CO₂ reduction targets.