Safe and sustainable products
Using the LANXESS Product Sustainability Monitor, we divide our portfolio into four categories:
- Energizer: Products in this category offer outstanding sustainability performance. The fulfill our highest sustainability requirements in most criteria and haven no intrinsic properties that give cause for concern. Energizers are manufactured with a very low to low environmental impact. These products contribute to at least one SDG and are experiencing increasing demand.
- Performer: Products that are sustainable according to the current state of the art. The fulfill the present sustainability requirements or exceed them in many categories. Performers are manufactured with a low to medium environmental impact and have a benefit to society.
- Transitioner: Products that do not yet fulfill all LANXESS sustainability requirements. We monitor these products and actively steer them by way of improvement measures, for example to reduce their environmental impact and make these products more sustainable.
- Roadmap: This category covers products with serious sustainability concerns, namely chemical end products with more than 0.1% by mass of substances with the properties of substances of very high concern (SVHC). We manage these products in our roadmap process, in which we examine in particular whether critical substances in the respective chemical end products could be replaced with safe and sustainable alternatives.
In 2022, we already generated 79% of our total sales with products that fulfill our sustainability requirements. Only 21% of our sales were attributable to products that did not (yet) completely fulfill our sustainability requirements. We generate only around 4% of our sales with roadmap products. The change in the shares is primarily due to the fact that High Performance Materials (HPM) is no longer reported under continuing operations. By 2023, we want to develop a specific action plan for all these products. As of the 2022 reporting date, the degree of target attainment was already 70% – we are therefore on track to achieve our target.