Chemical
LANXESS recognized in 'Climate A List' by CDP
The score “A” is awarded to companies that report on their climate protection activities in a particularly transparent and comprehensive manner and implement corresponding projects. For LANXESS it is the fourth inclusion in the “A List”
- By ICN Bureau
| December 11, 2020
LANXESS' efforts in tackling climate change have again been recognized by international climate protection initiative CDP and the company has been listed in the "Climate A List".
LANXESS is one of the 270 companies worldwide as it is placed among the top 5 percent out of around 5,800 enterprises evaluated by CDP.
The score “A” is awarded to companies that report on their climate protection activities in a particularly transparent and comprehensive manner and implement corresponding projects. For LANXESS it is the fourth inclusion in the “A List”.
“Climate protection is a central part of LANXESS' corporate strategy. A fact that we underline with our ambitious goal to become climate neutral by 2040. Being awarded climate protection leader by CDP, once again proves that we are on the right track”, said Hubert Fink, member of the Board of Management of LANXESS.
“We are delighted that our commitment to greater sustainability and climate protection has been recognized so widely,” added Fink.
In the past year, LANXESS has focused its business activities even more strongly on sustainability, with climate protection and energy efficiency being key topics. By 2040, the specialty chemicals company intends to become climate neutral and eliminate its greenhouse gas emissions.
In 2019, LANXESS emitted 3.06 million metric tons of CO2 equivalents – around 150,000 metric tons less than in the previous year.
LANXESS has recently set itself specific goals for sustainable water management. As part of its “Water Stewardship Program”, the Group will initially strengthen sustainable water management with specific local projects at four sites in the areas with the greatest water stress. The aim is to reduce absolute water withdrawal at these sites by 15 percent by 2023.
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