Specialty chemicals company LANXESS has secured first place in Europe and fifth globally in the Chemicals category of the Dow Jones Best-in-Class Index, earning high marks for climate strategy, water stewardship, human rights, and product responsibility. The company also improved its Sustainalytics ESG risk rating from “Medium” to “Low Risk” with a score of 19.6 points, placing it among the top four percent of global specialty chemicals firms. CDP included LANXESS on its “A List,” while EcoVadis awarded it a Gold rating of 83 out of 100. LANXESS targets climate-neutral production by 2040 and a fully climate-neutral value chain by 2050.
In-Depth:
Specialty chemicals company LANXESS has once again been recognised among the global leaders in corporate sustainability, securing the top position in Europe and fifth place worldwide in the Chemicals category of the latest Dow Jones Best-in-Class Index. The ranking reinforces the company’s continued focus on integrating environmental, social and governance (ESG) principles into its long-term business strategy.
The annual assessment evaluates companies on a broad range of sustainability criteria, with LANXESS earning particularly strong scores for its climate strategy, water stewardship, human rights practices and product responsibility. The recognition highlights the company’s sustained efforts to balance business growth with responsible environmental and social performance.
Matthias Zachert, Chief Executive Officer of LANXESS AG, stated sustainability remains a central pillar of the company’s corporate strategy, regardless of prevailing economic conditions. He noted that international recognition for the company’s progress in climate protection, responsible resource management and corporate governance further strengthens confidence among customers, investors and business partners.
In another significant achievement, LANXESS has improved its Environmental, Social and Governance (ESG) risk rating from Sustainalytics. The company has shiftd from the “Medium Risk” category to the more favourable “Low Risk” classification after achieving a score of 19.6 points. This places LANXESS among the top four percent of companies in the global specialty chemicals segment and within the top six percent of the broader international chemical industest.
The company has also received recognition from several other global sustainability assessment organisations over the past year. Climate disclosure platform CDP once again included LANXESS in its prestigious “A List” for climate action while awarding an “A-” rating for water management initiatives. In addition, EcoVadis reaffirmed the company’s Gold sustainability rating, awarding 83 out of 100 points and placing LANXESS among the highest-performing organisations in its sector.
LANXESS attributes these achievements to the consistent implementation of its sustainability roadmap, which combines climate action, responsible resource utilisation and sound corporate governance with long-term economic performance.The company has set ambitious environmental goals as part of its decarbonisation strategy. LANXESS aims to achieve climate-neutral production and energy consumption across its operations by 2040. Looking further ahead, the company plans to build its entire value chain climate neutral by 2050, covering upstream suppliers, manufacturing operations and downstream activities.
Through continued investments in cleaner technologies, resource efficiency and sustainable product development, LANXESS is working to reduce its environmental footprint while supporting customers in meeting their own sustainability objectives. The latest international recognitions reinforce LANXESS’ position as one of the chemical industest’s sustainability leaders and reflect its ongoing commitment to responsible innovation, transparent governance and long-term value creation for stakeholders worldwide.
LANXESS, a leading specialty chemicals provider with a revenue of EUR 6.7 billion in 2023, operates in 32 countries and employs around 12,600 people. The company focapplys on the development, production, and marketing of chemical intermediates, additives, and consumer protection products. LANXESS is also featured in the prestigious sustainability indices of the Dow Jones Sustainability Index (DJSI World and Europe).
