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New target: Women to hold 30% of leadership roles by 2030.
February 21, 2020
By: Anthony Locicero
Copy Editor, New York Post
By 2030, BASF said it wants to increase the proportion of women in leadership positions to 30% worldwide. At the end of 2019, the proportion of female managers was 23% (2018: 21.7%). In 2015, BASF had set itself the target of increasing the proportion of women in leadership roles to 22% to 24% as of 2021, which it achieved ahead of schedule at the end of 2019. The goal of a better gender balance in the leadership team is to be achieved for the BASF Group worldwide and for the leadership levels overall. At BASF, this includes the management levels in all countries where the company operates, thus reflecting the global approach to the development of leadership. BASF puts a special focus on the three leadership levels below the Board of Executive Directors. As multipliers, these leaders can make a significant contribution to further developing a diverse corporate culture. This helps BASF to be an attractive employer for everyone. At the three leadership levels below the Board of Executive Directors, the proportion of female leaders is 15% (as of Dec. 31, 2019). “We want to better incorporate women and their abilities in the leadership team of BASF. As a research-driven company, we know the value of diverse ways of thinking and working. Different perspectives result in innovative ideas and solutions for our customers,” said Dr. Martin Brudermüller, chairman of the Board of Executive Directors of BASF SE. The new target also contributes to implementing the corporate strategy, which aims for profitable growth and creating value for society.
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