Lanxess AG 2020 SR
The report highlights LANXESS's commitment to achieving climate neutrality by 2040, with an interim target to reduce greenhouse gas emissions by 75% compared to 2004 levels by 2030. In 2020, the company successfully reduced its absolute Scope 1 and 2 emissions to 2,533 thousand metric tons of CO2e for continuing operations. Key initiatives include the launch of the LANXESS Water Program to address water stress at high-risk sites and the global 'Xact' safety initiative, which contributed to a record-low LTIFR of 1.0. The company also integrated sustainability criteria into its product portfolio analysis and linked executive compensation to CO2e reduction targets. Furthermore, LANXESS emphasized digital transformation in HR and production to enhance efficiency and knowledge transfer.
Company: Lanxess AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: SR
Pages: 48
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Lanxess AG
Corporate Responsibility Report
The report highlights LANXESS's commitment to achieving climate neutrality by 2040, with an interim target to reduce greenhouse gas emissions by 75% compared to 2004 levels by 2030. In 2020, the company successfully reduced its absolute Scope 1 and 2 emissions to 2,533 thousand metric tons of CO2e for continuing operations. Key initiatives include the launch of the LANXESS Water Program to address water stress at high-risk sites and the global 'Xact' safety initiative, which contributed to a record-low LTIFR of 1.0. The company also integrated sustainability criteria into its product portfolio analysis and linked executive compensation to CO2e reduction targets. Furthermore, LANXESS emphasized digital transformation in HR and production to enhance efficiency and knowledge transfer.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees