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Our commitment to sustainability

LANXESS is recognized by a number of sustainability indices and rankings its our progress toward sustainable management.

Carbon Disclosure Project

CPD A List stamp 2020CDP
LANXESS' efforts in tackling climate change have again been recognized by international climate protection initiative CDP. In the most recent evaluation, the specialty chemicals company is once more listed in the “Climate A List” as one of 270 companies worldwide, placing it among the top 5 percent out of around 5,800 enterprises evaluated by CDP.

The score “A” is awarded to companies that report on their climate protection activities in a particularly transparent and comprehensive manner and implement corresponding projects. For LANXESS it is the fourth inclusion in the “A List”. The company has been disclosing data relevant to climate protection to CDP since 2012.

Climate neutral by 2040
In the past year, LANXESS has focused its business activities even more strongly on sustainability, with climate protection and energy efficiency being key topics. By 2040, the specialty chemicals company intends to become climate neutral and eliminate its greenhouse gas emissions. In 2019, LANXESS emitted 3.06 million metric tons of CO2 equivalents – around 150,000 metric tons less than in the previous year.

More information on LANXESS’ goal to become climate neutral can be found at https://www.climateneutral2040.com/

Sustainable water management intensified
LANXESS has also intensified its commitment in the area of water management and for the first time has submitted respective data to CDP. In its first evaluation, the specialty chemicals company received the score “B”.

In addition, LANXESS has recently set itself specific goals for sustainable water management. As part of its “Water Stewardship Program”, the Group will initially strengthen sustainable water management with specific local projects at four sites in the areas with the greatest water stress. The aim is to reduce absolute water withdrawal at these sites by 15 percent by 2023. The experience gained from these projects should help to further improve water performance globally.

CDP: Highest transparency on corporate environmental data
The independent non-profit organization CDP aims to create worldwide transparency on greenhouse gas emissions and the management of water resources and forests. In 2020, more than 9,600 companies submitted their data. This makes the CDP data platform one of the world's most comprehensive sources of environmentally relevant information.

To increase transparency for all stakeholders, LANXESS is now offering quick and easy access to all sustainability figures in an ESG data factsheet at https://lanxess.com/en/Investors/ESG.

MORE INFORMATION
The CDP list of the best and the full set of company results are available on the initiative’s website: https://www.cdp.net/en/companies/companies-scores

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Dow Jones Sustainability Indices

LANXESS once again impresses in terms of sustainability: In 2021, the specialty chemicals group took first place in the "Chemicals" category of the Dow Jones Sustainability Index (DJSI) Europe. In the DJSI World, LANXESS came in second place. The Group achieved particularly good results in the areas of product stewardship, management of water-related risks and human rights.

Logo des Unternehmens ISS ESGApproval granted for use by LANXESS
ISS-ESG has upgraded LANXESS by two notches from C to B- in 2020 and awarded us with the “prime” status for the first time, placing us among the top 8 percent of the 170 companies listed in the “Chemicals” sector.
In addition, LANXESS scores in the 1st decile (QS:1) of ISS QualityScore, the highest category in the rating. The QualityScore indicates higher quality governance practices and lower governance risks compared to peers.
Logo governance quality score ISS ESGApproval granted for use by LANXESS
In 2021, LANXESS received a rating of AA in the MSCI ESG ratings assessment.

FTSE4Good

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Since 2011, LANXESS has been included on the FTSE4Good Index compiled by the Financial Times and the London Stock Exchange. This index started in 2001, and has become  an important factor for decisions about sustainable investments. The companies listed in the FTSE4Good must meet strict ethical, social and environmental criteria.

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TfS-Logo_CMYK.jpgTfS Initiative

LANXESS awarded platinum in global EcoVadis assessment

LANXESS has been part of the industry initiative "Together for Sustainability" (TfS) since 2011. The aim of TfS is to take responsibility for the global supply chain and to initiate improvements on the way to sustainable procurement of goods and services.

As a member, LANXESS was also recently assessed by the EcoVadis agency. We achieved a performance score of 75/100 in the current assessment in 2021 and are among the top one percent in the industry with the "Platinum Level".
EcoVadis, a leading global rating agency for sustainability assessments, conducts the assessments as a partner of Together for Sustainability.


Sebastian Röhrig

Head of Corporate Responsibility

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