Lanxess

LANXESS, a German speciality chemicals company, reported Scope 1 emissions of approximately 1.887 million tonnes CO2e and Scope 3 emissions of about 10.372 million tonnes CO2e in 2024. Scope 2 emissions, on a market-based approach, were approximately 1.033 million tonnes CO2e in the same year. For 2025, LANXESS forecasts Scope 1 emissions of around 1.731 million tonnes CO2e, Scope 2 market-based emissions of approximately 884,000 tonnes CO2e, and Scope 3 emissions of about 10.294 million tonnes CO2e.

LANXESS has set ambitious climate commitments, validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year. Concurrently, LANXESS commits to reducing absolute Scope 3 GHG emissions by 25% within the same timeframe. Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2040 from a 2021 base year, and a 90% reduction in absolute Scope 3 GHG emissions by 2050 from a 2021 base year. The company also intends to make its entire supply chain climate neutral by 2050.