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Material Topics

Identifying the main effects of our business operations and taking our stakeholders’ concerns into account in our strategy forms the basis of our sustainability management. Against this background, we again performed a materiality analysis that complied with the requirements of the Global Reporting Initiative (GRI). This is an important tool that enables us to systematically prioritize the various areas of activity and deploy resources as effectively as possible. The materiality analysis is based on four principles: sustainability context, materiality, completeness and stakeholder inclusiveness.

Process of materiality at LANXESS

   
Process of materiality

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In 2016, a team of sustainability experts from various segments started laying the foundations for an extensive overhaul of our key issues and deriving core aspects from our strategic guidelines. The results were finalized in our in-house evaluation in 2017.

As a result of our materiality analysis, we defined seven key sustainability issues that were confirmed by the Board of Management and the Corporate Responsibility Committee. The issue of “good corporate governance” constitutes the framework in which our overall business activities are carried out.

Material Topics

Good Corporate Governance

Only appropriate values, operational guidelines and organizational structures – summed up as good corporate governance – enable our employees to act responsibly in their day-to-day work and thus turn a relatively abstract concept into a specific corporate success factor. At LANXESS, good corporate governance is embodied by a values-based and safety-conscious corporate culture, effective management systems and a commitment to internationally recognized principles of responsible management such as the U.N. Global Compact.

 

Good Corporate Governance

Resilient Sourcing

Our value chains start from a diverse, sustainable raw material portfolio. We engage with our suppliers and relevant stakeholders to improve the working and environmental conditions in the global supply chains.

Resilient Sourcing

Safe and Sustainable Sites

We manufacture sustainable products at competitive and sustainable chemical sites. Continuous process improvements and investments are fundamental for our sustained success. We care about the community.

Safe and Sustainable Sites

Climate Protection and Energy Efficiency

Climate protection based on efficient energy use is the right thing to do for society and also a key to delivering financial performance in the long-term.

Climate Protection and Energy Efficiency

Energized Employees and Performing Teams

We create a motivating, energetic and health-preserving working environment for all employees, striving for high engagement and impact. We nurture and promote a value-based, performance-orientated  culture. We aim to be an attractive employer and to develop peoples’ full potential throughout their professional life.

Energized Employees and Performing Teams

Sustainable Product Portfolio

Our products are manufactured and marketed so that they do not pose a risk to human or the environment. We systematically evaluate the sustainability of our entire portfolio. Sustainability criteria are applied in the development of products and applications.

Sustainable Product Portfolio

Business-Driven Innovation

We drive process, product, application and business model oriented innovation for and together with our customers and suppliers. We help our customers to make their business sustainable.

Business-Driven Innovation

Valuing Customer Relations

We value long-term customer relations, build on trust and knowing, understanding and solving the customers challenges.

Valuing Customer Relations

Contact

Sebastian  Röhrig

Sebastian Röhrig
Head of Corporate Responsibility

Phone: +49 221 8885 1099

Fax: +49 221 8885 1769

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