BASF Shanghai Coatings Minhang and Caojing sites, along with BASF Coatings’ resin plant in Caojing, Shanghai, have announced their adoption of 100% renewable energy usage in 2023. This significant step brings BASF’s Coatings division closer to its global sustainability targets, including carbon reduction, material efficiency, and sustainable solutions.
By employing Renewable Direct Power Purchase (R-DPP), purchasing international renewable energy certificates (I-REC), and other measures, BASF Automotive OEM Coatings is estimated to eliminate around 19,000 tons of carbon emissions in China by the end of 2023. Jack Zou, Vice President of Automotive OEM Coatings Asia Pacific at BASF, emphasized the company’s commitment to sustainability, stating that the use of renewable energy helps minimize the carbon footprint and reinforces BASF’s pursuit of its net zero target. As a leading supplier in the automotive industry, BASF aims to meet the increasing sustainability expectations of OEMs and automotive component suppliers. BASF’s climate goal is to reduce CO2 emissions by 25% by 2030 compared to 2018 and achieve net zero CO2 emissions by 2050. Increasing the adoption of renewable energy at various sites, including their headquarters in Münster, Germany, exemplifies BASF Coatings’ dedication to exploring innovative technologies and solutions that reduce climate impact and support their customers in reducing carbon footprints across the entire value chain.