[pageLogInLogOut]

#Sustainability

BASF is founding member of “value balancing alliance e.V.”

Which values do companies create for society – in environmental, human, social, and financial terms? And how can these contributions be measured and compared? Together with seven international companies of the recently founded “value balancing alliance e.V.”, based in Frankfurt am Main, Germany, BASF strives to create a standard that makes this holistic value creation transparent in monetary terms.

The alliance is supported by the accounting firms Deloitte, EY, KPMG, PwC and by the OECD amongst others. Founding members of the nonprofit organization are, next to BASF, the companies Bosch, Deutsche Bank, LafargeHolcim, Novartis, Philip Morris International, SAP, and SK.

“It is about changing the perspective on how companies create value,” said Saori Dubourg, Member of the Board of Executive Directors of BASF SE. “With a holistic view on values, we want to take into account our impacts on the environment, society and businesses. Creating long-term values is the foundation for sustainable business success.”

The target of the value balancing alliance is to create and pilot a model for the calculation of the multidimensional value contribution and to further develop the disclosing and reporting obligations accordingly within the next three years. “In the alliance, we want to standardize the different approaches that are currently used by the companies to make the results comparable. In this way, we can make the real value creation to the society by companies transparent,” explains Christian Heller, CEO of the value balancing alliance e.V.

Saori Dubourg, Member of the Board of Executive Directors of BASF SE (c) 2019 BASF
Saori Dubourg, Member of the Board of Executive Directors of BASF SE (c) 2019 BASF


Christian Heller, CEO of the recently founded “value balancing alliance e.V.” (c) 2019 BASF
Christian Heller, CEO of the recently founded “value balancing alliance e.V.” (c) 2019 BASF


BASF for example has measured its multidimensional value creation along the value chain with its “Value-to-Society” program since 2013. Together with external experts, BASF has developed this approach to perform a monetary assessment of the economic, ecological, and social impacts of its business activities along the value chain. BASF shares its experiences in networks and initiatives such as the World Business Council for Sustainable Development (WBCSD), the Natural Capital Coalition, the Impact Valuation Roundtable or the Embankment Project for Inclusive Capitalism. BASF is also involved in the corresponding standardization processes within the International Organization for Standardization (ISO).

For more information about the value balancing alliance, visit: https://www.value-balancing.com/ . 

Further information on BASF’s "Value-to-Society" approach can be found here:

https://www.basf.com/global/en/who-we-are/sustainability/management-and-instruments/quantifying-sustainability/we-create-value.html

More News from BASF Aktiengesellschaft
Performance Chemicals for Textiles Europe

#Nonwovens

BASF opens global diaper and superabsorbents performance lab in Mumbai

BASF has officially inaugurated its new Performance Lab for diapers and superabsorbents (SAP) in Mumbai on August 18, 2026, which will provide technical and application services to superabsorbent customers globally. The new lab of BASF’s Hygiene Solutions business has been established in less than a year and is part of BASF’s Innovation Campus Asia Pacific in Mumbai, BASF’s second largest R&D site in Asia Pacific established in 2017 under BASF Chemicals India Private Limited.

#Recycling / Circular Economy

Pirelli, Pyrum, Synthos and BASF partner to transform end‑of‑life and scrap tyres into recycled materials for new products

Pirelli, Pyrum, Synthos and BASF are jointly advancing a tyre-to-tyre circular economy initiative in Europe, driving the development of an industrial ecosystem designed to increase the use of recycled materials derived from end-of-life and scrap tyres.

#Recycled Fibers

Lindex and BASF partner to bring textile-­to­-textile recycled polyamide to lingerie sector

Lindex has partnered with BASF’s loopamid® to accelerate textile-­to-­textile recycling and advance the shift towards more circular material solutions in the fashion industry. Together they introduce loopamid to the lingerie sector.

#Textile processing

trinamiX mobile NIR spectroscopy: New applications for the footwear and textile industry

trinamiX GmbH expands its solution portfolio for the circular economy, now enabling the identification of materials used in the footwear and textile industries. With its mobile near-infrared (NIR) spectroscopy solutions, trinamiX supports manufacturers, sorters, recyclers, and brand owners in reliably identifying materials and improving transparency across increasingly complex value chains.

More News on Sustainability

#Sustainability

Execs help steer Cascale’s consumer goods agenda in Athens

The 2026 Cascale Annual Meeting, taking place September 15–17 in Athens, Greece, will convene leaders from across the global consumer goods value chain to tackle one of the industry’s defining questions: how to accelerate meaningful, system-wide transformation. Guiding those conversations as this year’s co-chairs are Sean Cady, vice president, global sustainability, responsibility, trade, and government affairs at VF Corporation, and Dr. Delman Lee, vice chair at TAL Apparel Limited.

#Textiles & Apparel / Garment

SAITEX reports efficiency gains and greater transparency in 2025 Impact Report

Vietnam-based denim manufacturer SAITEX has published its 2025 Impact Report, documenting progress in resource efficiency, chemical management, digital traceability and knowledge sharing across its manufacturing operations in Vietnam and the United States. Rather than focusing on sustainability ambitions, the report presents operational data, manufacturing developments and lessons learned from the past year.

#Raw Materials

Aid by Trade Foundation presents annual report for 2025: Market position and impact of sustainably verified natural fibres strengthened

Despite global supply chain challenges, the Aid by Trade Foundation (AbTF) was able to further expand its international role in promoting sustainably verified natural fibres in 2025. In doing so, the foundation remains true to its fundamental approach of leveraging market forces. Last year, it generated total revenues of EUR 7.8 million; this included EUR 6.7 million collected through the successful marketing of four standards: Cotton made in Africa (CmiA), CmiA Organic, The Good Cashmere Standard (GCS), and the Regenerative Cotton Standard (RCS). AbTF invested the resulting income in projects aiming to protect biodiversity, support women, increase transparency in the textile supply chain, and implement its verification system.

#Sustainability

Textile Exchange reports growth in certifications and industry engagement

Textile Exchange has published its 2025 Annual Report, highlighting continued growth in certified sites, industry participation and the development of its standards and membership structure. According to the report, more than 100,000 sites worldwide are now certified to Textile Exchange standards, more than three times the number recorded in 2020. Preliminary figures also indicate 12% year-on-year growth across the organization's current standards, including the Global Recycled Standard (GRS), Recycled Claim Standard (RCS) and the Responsible Animal Fiber standards.

Latest News

#Raw Materials

Brazil sets new cotton export record and consolidates global leadership

Brazil ended the 2025/26 commercial year with a new record, consolidating its position as the world’s largest cotton exporter. Between August 2025 and July 2026, the country shipped 3,373,941 tonnes of the fiber, 19% more than in the previous cycle, and reached record revenue of US$5.3 billion. The result represents a milestone in Brazil’s expansion in the international market and reinforces the country’s role as a strategic supplier to the global textile industry.

#Raw Materials

Better Cotton Initiative partners with Avalo in AI plant breeding for climate-resilient cotton

The Better Cotton Initiative (BCI) has partnered with agriculture solutions company Avalo, whose platform accelerates the speed at which plants with key resiliency traits may be developed.

#Man-Made Fibers

The LYCRA Company expands its co-creation vision through an immersive Lifestyle District at Intertextile Shanghai.

The LYCRA Company, a global leader in fiber and technology solutions for the apparel industry, is reimagining the trade show experience at Intertextile Shanghai Apparel Fabrics Autumn Edition, which opened today in China. Building on the success of last year's ALL IN concept, the company has expanded its co-creation vision into a 356-square-meter Lifestyle District featuring partners Jingzili New Material, JYT Textile, Lianxingfa Knitting, and Trend Textile. The district is part of a larger 895-square-meter pavilion showcasing a total of 19 co-exhibitors. Together, they demonstrate how innovations in fiber, fabric, and garments can be combined to create compelling solutions for both work and play.

#Natural Fibers

Plastic-free stretch technologies drive new direction for denim innovation

As the denim industry looks for ways to reduce its reliance on synthetic fibres, plastic-free stretch technologies are gaining momentum. Developments based on mechanical fabric construction and natural rubber are demonstrating that comfort and stretch can be achieved without conventional elastane, supporting both recyclability and circular product design.

TOP