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Rating based on openness, transparency and steps to fight corruption
July 12, 2012
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
BASF has been named the world’s most transparent chemical company, in a new global ranking by non-governmental organization 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.
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