Lanxess AG 2023 SR
The report outlines LANXESS's sustainability strategy and progress for 2023, focusing on its "Climate Neutral 2040" roadmap. Key highlights include the validation of its greenhouse gas reduction targets by the Science Based Targets initiative (SBTi) and a significant 72% reduction in Scope 1 and 2 emissions compared to 2004 levels. The company also reduced its 2030 Scope 3 emissions target to 11 million metric tons. Circular economy initiatives were advanced through the "Scopeblue" label, with 83% of sales now derived from sustainable products. Despite a challenging economic environment, LANXESS maintained high safety standards, reporting zero fatalities and an LTIFR of 0.6. The report further details alignment with the EU Taxonomy and the UN Global Compact's Ten Principles.
Company: Lanxess AG
Sector: Manufacturing
Country: Germany
Year: 2023
Type: SR
Pages: 62
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Lanxess AG
Sustainability Report
The report outlines LANXESS's sustainability strategy and progress for 2023, focusing on its "Climate Neutral 2040" roadmap. Key highlights include the validation of its greenhouse gas reduction targets by the Science Based Targets initiative (SBTi) and a significant 72% reduction in Scope 1 and 2 emissions compared to 2004 levels. The company also reduced its 2030 Scope 3 emissions target to 11 million metric tons. Circular economy initiatives were advanced through the "Scopeblue" label, with 83% of sales now derived from sustainable products. Despite a challenging economic environment, LANXESS maintained high safety standards, reporting zero fatalities and an LTIFR of 0.6. The report further details alignment with the EU Taxonomy and the UN Global Compact's Ten Principles.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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