Lanxess
Lanxess AG, a leading specialty chemicals company headquartered in Cologne, Germany, has established a strong presence in various operational regions, including Europe, North America, and Asia. Founded in 2004, Lanxess emerged from the restructuring of Bayer's chemicals division and has since achieved significant milestones, including strategic acquisitions that have expanded its product portfolio. The company focuses on key business areas such as high-performance plastics, rubber, and intermediates, offering unique solutions that cater to diverse industries, including automotive, construction, and electronics. Lanxess is renowned for its commitment to sustainability and innovation, positioning itself as a market leader in the specialty chemicals sector. With a robust portfolio of core products and a dedication to quality, Lanxess continues to drive advancements in chemical manufacturing and application.
DitchCarbon Score
How does Lanxess's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lanxess's score of 45 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lanxess's reported carbon emissions
In 2023, Lanxess AG reported total greenhouse gas emissions of approximately 9,531,000,000 kg CO2e, comprising 761,000,000 kg CO2e from Scope 1, 1,134,000,000 kg CO2e from Scope 2, and the remainder from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. For the near term, Lanxess has committed to reducing its absolute Scope 1 and 2 emissions by 42% by 2030, using 2021 as the base year. Additionally, it aims to cut its absolute Scope 3 emissions by 25% within the same timeframe. Long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions by 2040 and a 90% reduction in Scope 3 emissions by 2050, also from a 2021 base year. These targets align with the Science Based Targets initiative (SBTi) and reflect Lanxess's commitment to sustainable practices within the chemicals sector, reinforcing its role in addressing climate change.
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| 2004 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lanxess is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
