The score 'A' is awarded to companies that report on their climate protection activities in a particularly transparent and comprehensive manner and implement corresponding projects. For LANXESS it is the fourth inclusion in the 'A List'. The company has been disclosing data relevant to climate protection to CDP since 2012.
'Climate protection is a central part of LANXESS' corporate strategy. A fact that we underline with our ambitious goal to become climate neutral by 2040. Being awarded climate protection leader by CDP, once again proves that we are on the right track', said
Only recently, LANXESS was again included in the
Climate neutral by 2040
In the past year, LANXESS has focused its business activities even more strongly on sustainability, with climate protection and energy efficiency being key topics. By 2040, the specialty chemicals company intends to become climate neutral and eliminate its greenhouse gas emissions. In 2019, LANXESS emitted 3.06 million metric tons of CO2 equivalents - around 150,000 metric tons less than in the previous year.
More information on LANXESS' goal to become climate neutral can be found at https://www.climateneutral2040.com
Sustainable water management intensified
LANXESS has also intensified its commitment in the area of water management and for the first time has submitted respective data to CDP. In its first evaluation, the specialty chemicals company received the score 'B'.
In addition, LANXESS has recently set itself specific goals for sustainable water management. As part of its 'Water Stewardship Program', the Group will initially strengthen sustainable water management with specific local projects at four sites in the areas with the greatest water stress. The aim is to reduce absolute water withdrawal at these sites by 15 percent by 2023. The experience gained from these projects should help to further improve water performance globally.
CDP: Highest transparency on corporate environmental data
The independent non-profit organization CDP aims to create worldwide transparency on greenhouse gas emissions and the management of water resources and forests. In 2020, more than 9,600 companies submitted their data. This makes the CDP data platform one of the world's most comprehensive sources of environmentally relevant information.
The project is currently supported by more than 515 investors worldwide managing assets totaling around
To increase transparency for all stakeholders, LANXESS is now offering quick and easy access to all sustainability figures in an ESG data factsheet at https://lanxess.com/en/Investors/ESG.
About LANXESS
LANXESS is a leading specialty chemicals company with sales of
Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of
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