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Letter to the Editor
Thursday January 6
BASF Provides €1 Million Aid for Flood Victims in Asia
BASF and its employees worldwide have been deeply shocked by the consequences of the devastating tsunami in countries bordering the Indian Ocean. The company and its workforce therefore want to help support the victims in their distress and enable the reconstruction of the devastated areas.The Board of Executive Directors of BASF Aktiengesellschaft has therefore agreed to provide €1 million (circa $1.27 million) in immediate aid. Employees throughout the BASF Group worldwide will also be given the chance to make a donation to help the victims of the catastrophe. BASF will match the amount donated by its employees through January 31, 2005.
In a joint letter from the Board of Executive Directors, the Works Council and the Committee of Executive Representatives, BASF employees are called upon to contribute to the appeal. “The damage resulting from this once-in-a-century disaster is unimaginable. It is our utmost concern to help the people in need. Therefore, we call on all our workers to make a donation,” said BASF Chairman Dr. Jürgen Hambrecht.“
The exact use of the donations will be decided together with local companies and aid organizations.
BASF Asia Pacific's incident management procedures were immediately triggered after the disaster to verify the safety of employees of all companies and sites in countries damaged by the tsunami. BASF has sites in the affected countries, but none directly in the affected areas. BASF companies in the region have already made initial donations to help the victims.
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