What is a priority for BASF's global sustainability strategy?

Achieving carbon neutrality in production processes by 2030 is a central focus of BASF's global sustainability strategy. This goal aligns with the growing global emphasis on reducing greenhouse gas emissions and combating climate change. By committing to carbon neutrality, BASF aims to significantly reduce its carbon footprint during the manufacturing process, contribute to a circular economy, and support sustainable development goals. This initiative demonstrates the company's responsibility towards environmental stewardship and positions BASF as a proactive leader in sustainable practices within the chemical industry.

The other options do not reflect the core sustainability objectives that BASF has prioritized. Reducing the number of products manufactured annually, for instance, may not enhance sustainability if it compromises product utility or consumer needs. Minimizing employee turnover is more related to human resources and organizational stability, rather than directly addressing environmental sustainability. Increasing product prices across all categories does not inherently contribute to sustainability and could be counterproductive in achieving market competitiveness and fulfilling customer needs. Thus, focusing on carbon neutrality directly enhances BASF's commitment to sustainability comprehensively.