LANXESS’ efforts in tackling climate change have again been recognized by international climate protection initiative CDP. In the most recent evaluation, the specialty chemicals company is once more listed in the “Climate A List” as one of 270 companies worldwide, placing it
among the top 5 percent out of around 5,800 enterprises evaluated by CDP.

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 Hubert Fink, member of the Board of Management of LANXESS AG.

Only recently,LANXESS was again included in the Dow Jones Sustainability Indices (DJSI) World and Europe – thanks to very good results in the area of climate strategy, among other things. The specialty chemicals company is at the top of the DJSI Europe in the “Chemicals” category, as it was last year, and improved to second place in the DJSI World. Said Fink: “We are delighted that our commitment to greater
sustainability and climate protection has been recognized so widely.”

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, thespecialty 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 organisation 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 USD 106 trillion.To increase transparency for all stakeholders, LANXESS is now offering quick and easyaccess to all sustainability figures in an ESG data factsheet at

https://lanxess.com/en/Investors/ESG.

CLICK HERE FOR SPECIAL SUBSCRIPTION OFFER

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