BASF named world’s most transparent chemical company

BASF has been named the world’s most transparent chemical company, in a new global ranking by non-governmental organisation Transparency International. BASF was also the top rated German-headquartered company of any industry.

Transparency in Corporate Reporting scored 105 of the top publicly-traded companies based on their public commitment to transparency. Company scores were based on public availability of information about anti-corruption systems, transparency in reporting on how they structure themselves, and the amount of financial information they provide for each country they operate in.

BASF is the world’s leading chemical company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas.

BASF posted sales of about Euro 73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).