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Lanxess AG, a leading global specialty chemicals company headquartered in Germany, operates in the chemicals nec industry. Founded in 2004, Lanxess has established itself as a key player in various sectors, including rubber, plastics, and specialty chemicals, with a strong presence in Europe, North America, and Asia.
The company is renowned for its innovative solutions, particularly in the production of high-performance materials and additives that cater to diverse applications, from automotive to electronics. Lanxess's commitment to sustainability and efficiency sets it apart in the competitive landscape, as it continually invests in research and development to enhance its product offerings.
With a robust market position, Lanxess has achieved significant milestones, including strategic acquisitions that have expanded its portfolio and global reach. The company's dedication to quality and innovation has solidified its reputation as a trusted partner in the chemicals industry.
+56 vs industry average
Lanxess’s score of 88 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
LANXESS, a German chemicals manufacturer, has outlined comprehensive climate commitments and emission reduction targets.
As of 2025, LANXESS reported total emissions of approximately 12.03 billion kg CO2e. This includes Scope 1 emissions of 847 million kg CO2e, Scope 2 market-based emissions of 884 million kg CO2e, and Scope 3 emissions totalling 10.29 billion kg CO2e. Notably, Scope 3 emissions for 2025 included 4.40 billion kg CO2e from purchased goods and services and 4.66 billion kg CO2e from the end-of-life treatment of sold products.
Looking back, in 2024, LANXESS's total emissions were approximately 12.26 billion kg CO2e, with Scope 1 at 854 million kg CO2e, Scope 2 market-based at 1.03 billion kg CO2e, and Scope 3 at 10.37 billion kg CO2e. In 2023, only Scope 3 emissions were disclosed, amounting to 9.53 billion kg CO2e. For 2022, LANXESS reported Scope 1 emissions of 843 million kg CO2e, Scope 2 emissions of 1.15 billion kg CO2e, and Scope 3 emissions of 11.16 billion kg CO2e. In 2021, total emissions were approximately 16.95 billion kg CO2e, comprising Scope 1 emissions of 939 million kg CO2e, Scope 2 market-based emissions of 1.26 billion kg CO2e, and Scope 3 emissions of 14.75 billion kg CO2e.
LANXESS has established Science Based Targets initiative (SBTi) validated targets, committing to net-zero greenhouse gas emissions across its value chain by 2050.
Near-term targets include:
Long-term targets include:
These targets for Scope 1 and 2 emissions are consistent with reductions required to keep global warming to 1.5°C, as validated by SBTi in 2024. LANXESS also aims for climate neutrality for Scope 1 and 2 emissions by 2040.
2050
90% reduction in scope 3 total
Lanxess AG commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2021 base year.
2030
42% reduction in Scope 2
Lanxess AG commits to reduce absolute scope 2 GHG emissions 42% by 2030 from a 2021 base year.
2030
25% reduction in scope 3 total
Lanxess AG commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe.
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Common questions about Lanxess’s sustainability data and climate commitments
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