Lanxess AG 2022 Annual Report with Sustainability Disclosures
Company: Lanxess AG
Sector: Manufacturing
Country: Germany
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 275
The report describes LANXESS's 2022 transformation into a specialty chemicals group, including the acquisition of Microbial Control and continued portfolio restructuring. It sets out a climate-neutrality strategy covering Scope 1 and 2 by 2040 and the upstream and downstream value chain by 2050, alongside a 40% Scope 3 reduction target by 2030. Sustainability oversight is anchored in a Sustainability Committee comprising all Board of Management members, supported by topic-specific sub-committees. The report also includes EU Taxonomy disclosures, GRI and SASB indexes, and limited assurance over non-financial and environmental and safety performance data.
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