Lanxess AG 2018 AR2
The report highlights LANXESS's successful fiscal year 2018, marked by a 10.2% increase in sales to ’7,197 million and a 9.8% rise in EBITDA pre exceptionals to ’1,016 million. A major strategic milestone was achieved with the sale of the company's remaining 50% interest in the rubber joint venture ARLANXEO to Saudi Aramco for approximately ’1.4 billion, significantly improving its carbon footprint and reducing dependency on the volatile automotive industry. Additionally, the company successfully integrated the Chemtura businesses acquired in 2017 and expanded its specialty additives portfolio by acquiring Solvay's U.S. phosphorus additives business. On the sustainability front, LANXESS made progress toward its 2025 climate goals, reducing specific energy consumption and Scope 2 emissions, while maintaining its inclusion in the Dow Jones Sustainability Indices.
Company: Lanxess AG
Sector: Manufacturing
Country: Germany
Year: 2018
Type: AR2
Pages: 212
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Lanxess AG
Annual Report
The report highlights LANXESS's successful fiscal year 2018, marked by a 10.2% increase in sales to ’7,197 million and a 9.8% rise in EBITDA pre exceptionals to ’1,016 million. A major strategic milestone was achieved with the sale of the company's remaining 50% interest in the rubber joint venture ARLANXEO to Saudi Aramco for approximately ’1.4 billion, significantly improving its carbon footprint and reducing dependency on the volatile automotive industry. Additionally, the company successfully integrated the Chemtura businesses acquired in 2017 and expanded its specialty additives portfolio by acquiring Solvay's U.S. phosphorus additives business. On the sustainability front, LANXESS made progress toward its 2025 climate goals, reducing specific energy consumption and Scope 2 emissions, while maintaining its inclusion in the Dow Jones Sustainability Indices.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees