At LANXESS, identifying the key impacts of our actions and understanding the concerns of our stakeholders helps to build the foundation of sustainability management. We conduct our materiality analysis in accordance with the requirements of the Global Reporting Initiative (GRI), which is an important instrument for systematically prioritizing areas for action and effectively using resources. The results also shape the structure of our external reporting on corporate responsibility. The analysis is based on four principles: sustainability context, materiality, completeness and stakeholder involvement.
In the most recent LANXESS materiality analysis, which was carried out in fiscal 2017, the Board of Management and the Corporate Responsibility Committee identified seven key sustainability issues. . These topics form the framework for management, with good corporate governance forming the basis for all our corporate activities.