Annual Report

Report overview

The report describes LANXESS's challenging 2023 operating environment and continued transformation into a specialty chemicals company. It highlights validated climate targets for climate neutrality in Scope 1 and 2 by 2040 and Scope 3 by 2050, alongside an A CDP climate score. The report also states that 83% of total sales came from products meeting its sustainability requirements. Sustainability reporting covers materiality, climate, water, waste, employee, governance and EU Taxonomy disclosures.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 14 March 2024
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
SBTi status
CDP score

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

ESG & Materiality

ESG data

Indicators available in this report:

Scope 1 emissions
Scope 2 emissions
Scope 3 emissions
Energy consumption
Renewable energy
Water consumption
Waste
Employees
Women on the board
Women in management
Workplace fatalities
Net zero target

Materiality

Assessment
Basis

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