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BASF has been promoting Biomass Balance Approach to reduce CO 2 emissions and save fossil resources

The Indonesia Net Zero Summit: Industrial Decarbonization at All Cost, held on 11 November in Bali, opens a new chapter in the country’s journey towards achieving Net Zero Emissions. Across five panel discussions, and with fireside chats as well as breakout sessions in between, the summit put leading industry actors on center stage as they shared invaluable learnings gained from their respective company/organization’s efforts in taking the necessary climate actions. Among these companies was BASF, the chemical company who is taking real actions to reduce emissions along and beyond their value chain.

BASF’s Biomass Balance Approach contributes to the use of renewable raw materials in its integrated production system and can be applied to the majority of the products in its portfolio. In this process, renewable raw materials are used as feedstock at the very beginning of the Production Verbund and allocated to the respective sales products using a third party verified certification method. The certified products thus contribute to sustainable development by reducing greenhouse gas emissions and saving fossil resources. The Biomass Balance standard was developed by BASF together with an independent certification agency in 2013. BASF markets its biomass balanced products as BMBcert TM portfolio.

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During the summit, Agus Ciputra, President Director of BASF Indonesia, was present as a panelist for the first panel discussion, “Value Chain Decarbonization.” He revealed on their achievement of becoming the first chemical company to disclose their emissions from about 45.000 product types they produce, confessing on the challenging nature of mapping emissions in their entire value chain. “But it’s not something impossible,” he reaffirmed.

The Indonesia Net Zero Summit 2022 became an opportunity for leading actors and companies in the national net zero movement such as BASF to accelerate collective actions in building a low-carbon economy and realizing a climate-resilient Indonesia.

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