CHINA - Global chemical company BASF is looking to train about 2,000 of its suppliers in China over the next five years to raise sustainability standards and enhance their competitiveness in domestic and global markets.
BASF announced that it has signed a Memorandum of Understanding (MoU) with East China University of Science and Technology (ECUST) to jointly develop a training curriculum that will cover key topics including environmental protection, health and safety, labour, and human rights, as well as governance and management.
Through the cooperation with ECUST, suppliers will gain tools, experience and insights to help them meet BASF standards.
“China plays a vital role in BASF’s global supplier network and we have developed a number of programs to raise sustainability awareness and action among our suppliers,” said Fried Muenstermann, President of BASF’s Global Procurement.
“By combining our resources with ECUST, we can better support the efforts of Chinese suppliers to improve their capabilities and achieve world-class sustainability standards.”
ECUST is one of the most prestigious universities in the field of chemistry in China. Located in Shanghai, the university has a leading position in multiple relevant disciplines including Pollution Control, Resource Recovery and Utilization, Conversion, Process and System Engineering, and Chemical Engineering. In addition to the EMBA and MBA programs, the Business School of ECUST is widely recognized for its strong emphasis on subjects such as business ethics and corporate social responsibility in educating and shaping new generations of Chinese managers and executives.
“BASF is a long term partner with ECUST in research programs and scholarships. I am delighted to see our partnership deepened with this new supplier training program,” said Yang Xianjin, Party Secretary of East China University of Science and Technology. “With BASF’s experience and track record in supplier management, we believe this training course will provide practical tools for suppliers in the Chinese chemical industry to enhance their long-term competitiveness.”