BASF plays significant role in development of European Water Stewardship standard
Companies and agricultural organizations can use a Europe-wide standard to assess the sustainability of their water management practices. The European Water Stewardship standard was jointly developed over a three-year period by NGOs, governments and businesses – with a significant role played by BASF.
- (1888PressRelease) January 11, 2012 - “BASF’s water experts worked on the entire process and made a key contribution to the development of the European Water Stewardship standard ”, said Friedrich Barth , deputy chairman of the European Water Partnership (EWP), an independent NGO that initiated and coordinated the project .
Companies and agricultural organizations can monitor and improve their water usage on the basis of the following criteria: volume extracted, water pollution, biodiversity and water management. BASF tested the system for six months in a pilot scheme at its site in Ludwigshafen. Experts examined how to apply the system in practice and made suggestions for improvement. BASF will be introducing the standard itself: By 2020 BASF will review its existing water management systems at all sites located in “water stress areas” worldwide and introduce new, sustainable systems wherever necessary. “The access to clean water is becoming increasingly important ”, said Dr. Ulrich von Deessen, head of BASF’s Competence Center Environment, Health and Safety. “With these measures, BASF is making a voluntary contribution to a responsible use of the resource water.”
More information about the European Water Stewardship standard is available on the Internet at
http://www.ewp.eu/activities/water-stewardship/ .
About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109 ,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com or in its Social Media Newsroom at newsroom.basf.com.
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