Lanxess AG 2016 Annual Report with Sustainability Disclosures
Company: Lanxess AG
Sector: Manufacturing
Country: Germany
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 252
The report highlights LANXESS's successful realignment in 2016, marked by the establishment of the ARLANXEO joint venture with Saudi Aramco and the acquisition of Chemours' Clean and Disinfect business. The company achieved a 12.4% increase in EBITDA pre exceptionals to €995 million, with the EBITDA margin improving to 12.9%. In sustainability, LANXESS was included in the Dow Jones Sustainability Index World for the sixth consecutive time and recognized on the CDP Climate A List. Additionally, the company conducted its first systematic sustainability analysis of its product portfolio and published its Scope 3 greenhouse gas emissions for the first time.
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