• 1st rank in Dow Jones
Sustainability Index Europe, 4th rank worldwide
• Group among the top-rated
chemical companies in ISS ESG ratings
• MSCI ESG confirms AA
rating for the fourth time
• Gold status at EcoVadis
LANXESS
has achieved top positions in several sustainability ratings. In the Dow Jones
Sustainability Index (DJSI) Europe, the specialty chemicals company ranked
first in the “Chemicals” category with 79 out of 100 points. In the DJSI World,
LANXESS achieved 4th place and scored particularly well in the areas of climate
strategy, water, corporate ethics, human rights and product stewardship.
In November, rating agency
MSCI ESG confirmed LANXESS’ AA rating for the fourth year in a row. This makes
the specialty chemicals company one of the highest-rated in the “Commodity
& Diversified Chemicals” industry. MSCI ESG assesses how well companies
manage environmental, social and governance (ESG) risks.
Also in November, rating
agency ISS ESG raised LANXESS’ rating from B- to B on a scale of A+ to D-,
while at the same time confirming the company’s prime status. This puts LANXESS
among the best- rated companies in the chemical industry. ISS ESG takes into
account around 100 indicators per industry.
In addition, LANXESS
received a gold-level sustainability rating from EcoVadis. This distinction is
awarded to the top 5 percent of the more than 100,000 companies evaluated by
EcoVadis. The EcoVadis rating is used by companies to assess the sustainability
performance of business partners.
On
track to climate neutrality
“The excellent scores we
have achieved in various sustainability ratings reflect our unwavering
commitment to sustainable business practices. They show that we take our
responsibility to the environment, society and good corporate governance
seriously,” says Hubert Fink, member of the Board of Management at LANXESS.
LANXESS aims to achieve
climate-neutral production and energy use by 2040. The company also aims to
make the entire value chain climate-neutral by 2050. According to the renowned
Science Based Targets initiative, LANXESS’ plans will help to limit global
warming to 1.5°C.