LANXESS has once again emerged as one of the most sustainable companies in the global chemical industry. In the latest Dow Jones Best-in-Class Index, the specialty chemicals company secured the top position in Europe in the “Chemicals” category and ranked fifth globally. The company delivered particularly strong performances in key sustainability areas, including climate strategy, water management, human rights and product stewardship.
Sustainability Remains Core to Corporate Strategy
Commenting on the achievement, Matthias Zachert, Chief Executive Officer of LANXESS AG, said the recognition highlights the company’s long-term commitment to sustainability despite challenging economic conditions. According to Zachert, sustainability remains firmly integrated into LANXESS’ corporate strategy, with the company continuing to focus on climate protection, responsible resource management and strong corporate governance practices. He added that international recognition from leading sustainability indices strengthens the company’s credibility among customers, investors and business partners.
Sustainalytics Upgrades LANXESS to “Low Risk” Category
In another major milestone, LANXESS improved its sustainability rating from Sustainalytics, a globally recognised ESG rating agency that evaluates environmental, social and governance risks. The company moved from the “Medium Risk” category to the more favourable “Low Risk” category. With a score of 19.6 points, LANXESS now ranks among the top 4 per cent of companies in the Specialty Chemicals segment and within the top 6 per cent of the global chemical industry. The lower the Sustainalytics score, the better the company’s ESG performance and risk management capabilities.
Global ESG Agencies Recognise LANXESS Performance
Several other international sustainability rating organisations have also acknowledged LANXESS’ strong ESG performance in recent months. Climate protection initiative CDP once again placed LANXESS on its prestigious “A List” for climate action. In addition, the company received an “A-” rating for its water management initiatives. Meanwhile, sustainability assessment platform EcoVadis reaffirmed LANXESS’ Gold status. The company scored 83 out of a possible 100 points, placing it among the top-performing companies in its industry.
LANXESS Targets Climate Neutrality by 2040
As per the press release, LANXESS continues to advance its long-term sustainability roadmap with ambitious climate goals. The company aims to achieve climate-neutral production and energy use by 2040. Furthermore, LANXESS plans to make its entire value chain climate neutral by 2050. Its sustainability strategy combines environmental responsibility with economic growth and responsible corporate governance, supporting the company’s broader vision for sustainable industrial development.
