LANXESS honored as a climate pioneer
Editor: Kerstin Stenger
Our sustainability rankings
In the DJSI Europe, we are ranked first place in the “Chemicals” category with 79 out of 100 points.
The DJSI Europe comprises the leading European sustainability companies identified by S&P Global* as part of the Corporate Sustainability Assessment (CSA).
LANXESS is ranked 4th in the DJSI World and achieved particularly good results in the areas of
- Climate strategy,
- water,
- corporate ethics,
- human rights and
- product responsibility.
The Dow Jones Sustainability™ World Index comprises the world's leading companies in the area of sustainability, as determined by S&P Global* as part of the Corporate Sustainability Assessment (CSA). It represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria.
More about DJSI Europe
In October, our company received an AA-rating from the rating agency MSCI ESG (for the fourth year in a row). This makes us one of the highest-rated companies in the chemical industry!
The MSCI ESG (Environmental, Social, and Governance) Ratings are evaluation produced by the rating agency MSCI. These assessments measure a company's resilience to long-term, financially relevant ESG risks.
What does MSCI ESG assess?
- Environmental: How well a company manages environmental issues such as climate change, resource consumption and pollution.
- Social: How a company deals with social issues such as labor conditions, human rights and community relations.
- Governance: How well a company performs in terms of corporate governance, ethics, transparency and shareholder rights
The ratings range from AAA (leading) to CCC (laggard) and help investors assess a company's ESG risks and opportunities.
More about MSCI ESG.
Also in November, rating agency ISS ESG raised LANXESS’ rating from B- to B on a scale of A+ to D-, while at the same time confirming the company’s prime status. This puts LANXESS among the best-rated companies in the chemical industry. ISS ESG takes into account around 100 indicators per industry.
ISS ESG has internationally recognized expertise in all areas relating to sustainable and responsible investment. This includes topics such as climate change, UN SDGs, biodiversity, human rights, labor standards and much more.
More about EcoVadis.
“The excellent scores we have achieved in various sustainability ratings reflect our unwavering commitment to sustainable business practices. They show that we take our responsibility for the environment, society and good corporate governance seriously.”
We are particularly proud of these awards. Sustainability is close to our hearts. For years, we have been working towards our goal of becoming climate-neutral by 2040. And that is not always easy in an energy-intensive industry - nevertheless, we have already reduced our emissions by over 70% compared to 2005.
By 2050, we also want our entire value chain to be carbon neutral. The renowned Science Based Target Initiative has confirmed that LANXESS's plans will help limit global warming to 1.5°C.
We continue to work on our ambitious goal.
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