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Corporate Social Responsibility |
As a company, we are part of society and we fulfill our social and environmental responsibility in our spheres of influence. Corporate social responsibility (CSR) has long been part of our strategy. It stands for the implementation of sustainability at the corporate level. CSR includes the monitoring and limitation of risks and aims to promote existing business areas and create new ones. A clear link with our business operations is a prerequisite for CSR, as is the transparent dialogue with our stakeholders.
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BASF commitment in the European CSR Alliance
BASF is proactively involved in the European Alliance for Corporate Social Responsibility CSR - a partnership between the Commission of the European Union and European companies. Within the Alliance, BASF - together with Evonik, SAP and econsense - is playing a leading role in the Laboratory for Demographic Change. Besides leading the Laboratory, BASF also actively participates in other areas of public discussion, such as supply chain issues.
The Laboratory for Demographic Change is looking for new ideas and solutions relating to demographic change in Europe. This overarching topic is an important item on the sustainability agenda. Although this issue is relatively new to the business world, it concerns all stakeholders in politics, business and society.
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The Laboratory's purpose is to develop strategies and solutions to meet the challenges presented by demographic change. This will only be possible through dialogue with the relevant stakeholders. An important milestone along this road was the first Dialogue Workshop held in October 2007 which brought all the major players together with the aim of identifying main areas of activity and issues of priority interest.
Scientific support for the laboratory is provided in the form of a study project by the Rostock Center for the Study of Demographic Change, a research institution of the Rostock Max Planck Institute. A follow-up workshop will be held in February in Prague, when the main topics will be considered in greater depth and prepared for presentation at the concluding Stakeholder Conference in April 2008 in Brussels. The idea behind this "European Tour" is to include the specific conditions of each country in the discussion. Only a European perspective can succeed in finding European.
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Further information:
Press release on CSR
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