Sustainable Materials & Innovations

LANXESS Achieves High Scores in Sustainability Ratings

Published: January 24, 2025
Author: HFT

Mumbai, January, 2024 – LANXESS has ranked highly in a number of sustainability evaluations. With 79 out of 100 points, the specialty chemicals company was ranked top in the “Chemicals” category of the Dow Jones Sustainability Index (DJSI) Europe. LANXESS placed fourth in the DJSI World and excelled in the categories of product stewardship, corporate ethics, human rights, water, and climate strategy.

For the fourth consecutive year, LANXESS’ AA rating was reaffirmed by rating agency MSCI ESG in November. In the “Commodity & Diversified Chemicals” sector, this places the specialized chemicals company among the top-rated. Companies’ ability to handle environmental, social, and governance (ESG) risks is evaluated by MSCI ESG.

On a scale of A+ to D-, rating agency ISS ESG also upgraded LANXESS’ rating from B- to B in November, reaffirming the company’s prime status. As a result, LANXESS is ranked among the top chemical businesses. For each industry, ISS ESG considers about 100 indicators.

Additionally, EcoVadis awarded LANXESS a gold-level sustainability grade. The top 5% of the over 100,000 businesses assessed by EcoVadis are given this designation. Businesses use the EcoVadis rating to evaluate their business partners’ sustainability performance.

On track to climate neutrality

“Our steadfast dedication to sustainable business operations is demonstrated by the outstanding ratings we have received across a range of sustainability metrics. They demonstrate that we take seriously our responsibilities to society, the environment, and sound corporate governance,” says Hubert Fink, LANXESS Board of Management member.

By 2040, LANXESS wants its energy and production to be climate neutral. By 2050, the corporation wants the whole value chain to be climate neutral. The well-known Science Based Targets program claims that LANXESS’ initiatives will contribute to keeping global warming to 1.5°C.

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