LANXESS Receives Excellent Sustainability Ratings
30 Jan 2025
2 Min Read
CW Team
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 鈥淐hemicals鈥� 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鈥� AA rating for the fourth year in a row. This makes the specialty chemicals company one of the highest-rated in the 鈥淐ommodity & Diversified Chemicals鈥� industry. MSCI ESG assesses how well companies manage environmental, social and governance (ESG) risks.
Also in November, rating agency ISS ESG raised LANXESS鈥� rating from B- to B on a scale of A+ to D-, while at the same time confirming the company鈥檚 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
鈥淭he 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,鈥� 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鈥� plans will help to limit global warming to 1.5掳C.
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 鈥淐hemicals鈥� 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鈥� AA rating for the fourth year in a row. This makes the specialty chemicals company one of the highest-rated in the 鈥淐ommodity & Diversified Chemicals鈥� industry. MSCI ESG assesses how well companies manage environmental, social and governance (ESG) risks.
Also in November, rating agency ISS ESG raised LANXESS鈥� rating from B- to B on a scale of A+ to D-, while at the same time confirming the company鈥檚 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
鈥淭he 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,鈥� 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鈥� plans will help to limit global warming to 1.5掳C.
Next Story
Blum India brings Design Reverie to Hyderabad
Blum India hosted the Hyderabad edition of its signature event, Design Reverie, at the historic Taj Falaknuma Palace, making it a memorable evening for the city鈥檚 architecture and interior design community. As per news reports, the event combined modern design sensibilities with the grandeur of a palace setting and the spiritual charm of Sufi qawwali.This marked the third edition of the event, after previous gatherings in Delhi and Bangalore. In Hyderabad, the focus was on fostering relaxed yet meaningful dialogue among design professionals鈥攁way from the typical conference setup. The eveni..
Next Story
Hafele launches Platinum Studio in Nagpur
Hafele has expanded its franchise footprint in central India by opening a new Studio Partner Platinum showroom in Nagpur in collaboration with Onkar Furnitech. The studio was inaugurated by Nitin Gadkari, Minister of Road Transport and Highways, along with Padma Gupta, Director 鈥� HR & Customer Experience, Hafele South Asia.Located at Sarthak Plaza, South Ambazari Road, Laxmi Nagar, the showroom offers an immersive experience of Hafele鈥檚 wide-ranging interior and home solutions. Designed as a hands-on, real-life application space, the studio showcases Hafele鈥檚 full portfolio鈥攊ncludi..
Next Story
Truflo by Hindware wins GPTW honour again
Truflo by Hindware has been certified a Great Place to Work for the fourth consecutive year, reaffirming its commitment to a people-first culture. The certification was awarded by the Great Place to Work Institute following a rigorous evaluation of employee experience, leadership, culture, and HR practices.Known as India鈥檚 fastest-growing plastic pipes and fittings company, Truflo has focused on fostering an inclusive, innovative, and growth-driven work environment. The company prioritises employee well-being and professional development, creating a culture where people feel valued and empow..
