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. This rating was confirmed in 2022, 2023 and 2024.
Since 2021, LANXESS has been assessed with a medium risk in the ESG Risk Rating.
Since March 2020, LANXESS has had a “Prime” rating which is equal to a score among the industry leaders. This rating was confirmed in 2021, 2022, 2023 and 2024.
In September 2024, we achieved a “Gold” rating in the EcoVadis assessment placing us among the top 5% in the industry.
In December 2023, CDP once again assessed our climate strategy with an A rating. LANXESS is on the “Climate A List” for the seventh 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. This rating was confirmed in 2023.