BASF receives German Sustainability Award for Resource Efficiency
In addition to the recognition for efficient raw material and energy use, the development of innovative business models for sustainability, for example, the "mass balance" method, was acknowledged by the jury. This method uses renewable raw materials from the very beginning of the value chain in the existing Production Verbund. Savings of fossil resources are calculated for each product.
BASF was also nominated in the category "Most Sustainable Large Companies" and was among the three leading companies. The German Sustainability Award recognizes companies which make significant contributions to sustainable development on a national and international basis.
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