Industrial Automation Magazine India

LANXESS recognised by CDP as global climate protection leader

Published on : Saturday 12-12-2020

Group among the top 5 percent of all companies evaluated. Included in CDP Climate A List for the fourth time.

Mumbai, December 10, 2020 – 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.”

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.