Lanxess AG 2022 AR2
The report highlights LANXESS's strategic transformation into a specialty chemicals company in 2022, marked by the acquisition of the Microbial Control business from IFF and the planned joint venture with Advent International. Despite macroeconomic challenges, the company achieved sales of €8,088 million and EBITDA pre exceptionals of €930 million. In sustainability, LANXESS expanded its climate targets to include a net-zero value chain goal by 2050, alongside its existing target of climate neutrality for Scope 1 and 2 emissions by 2040. The company also made progress in diversity, achieving 25.2% women in management and exceeding its targets for female representation in the top management levels below the Board.
Company: Lanxess AG
Sector: Manufacturing
Country: Germany
Year: 2022
Type: AR2
Pages: 275
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Lanxess AG
Annual Report
The report highlights LANXESS's strategic transformation into a specialty chemicals company in 2022, marked by the acquisition of the Microbial Control business from IFF and the planned joint venture with Advent International. Despite macroeconomic challenges, the company achieved sales of €8,088 million and EBITDA pre exceptionals of €930 million. In sustainability, LANXESS expanded its climate targets to include a net-zero value chain goal by 2050, alongside its existing target of climate neutrality for Scope 1 and 2 emissions by 2040. The company also made progress in diversity, achieving 25.2% women in management and exceeding its targets for female representation in the top management levels below the Board.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Net Zero Target
Employees