Lanxess AG 2024 AR2
The report highlights LANXESS's performance in 2024, a year marked by weak global demand in the chemical industry. Despite these challenges, the company improved its EBITDA pre exceptionals by 19.9% to ’614 million, driven by cost savings from its FORWARD! action plan. LANXESS completed its portfolio transformation into a pure specialty chemicals company by agreeing to sell its Urethane Systems business. On the sustainability front, the company maintained its climate targets, which were validated by the Science Based Targets initiative (SBTi), and successfully reduced its Scope 1 and 2 emissions compared to its 2021 base year.
Company: Lanxess AG
Sector: Manufacturing
Country: Germany
Year: 2024
Type: AR2
Pages: 333
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Lanxess AG
Annual Report
The report highlights LANXESS's performance in 2024, a year marked by weak global demand in the chemical industry. Despite these challenges, the company improved its EBITDA pre exceptionals by 19.9% to ’614 million, driven by cost savings from its FORWARD! action plan. LANXESS completed its portfolio transformation into a pure specialty chemicals company by agreeing to sell its Urethane Systems business. On the sustainability front, the company maintained its climate targets, which were validated by the Science Based Targets initiative (SBTi), and successfully reduced its Scope 1 and 2 emissions compared to its 2021 base year.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees