Environmental Social Governance (ESG)
The world is changing, and this change is urgently necessary.
We have clearly formulated our ambition: LANXESS intends to drive the change and thus be part of the solution as a sustainable chemicals company with long-term success.
Key ESG RATINGS AND BENCHMARKS
As the ESG universe is rapidly expanding and transforming, we see the need to focus on ratings, indices and benchmarks most relevant to our stakeholders.
In June 2021, we initially received a rating of AA (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment. In November 2022, this rating was confirmed.
As of September 2021, LANXESS is assessed with a medium risk in the ESG Risk Rating.
Since March 2020 LANXESS has a “Prime” rating with an absolute rating of B- which is equal to a score among the industry leaders.
In July 2022, we initially achieved a “Platinum” rating in the EcoVadis assessment placing us among the top 1% in the industry. In 2023, we are again rated as “Platinum”.
In December 2022, CDP once again assessed our climate strategy with an A rating. LANXESS is on the “Climate A List” for the sixth time. The Group has been disclosing climate protection-related data to CDP since 2012. Furthermore, in 2022 we were rated with "A-" for the first time for our water management engagement.