Public Profile

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.

45

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.

6

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.

99%

Lanxess's reported carbon emissions

In 2023, LANXESS AG reported total greenhouse gas emissions of approximately 7,500,000 kg CO2e, comprising 761,000,000 kg CO2e from Scope 1, 1,134,000,000 kg CO2e from Scope 2, and 9,531,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2021 baseline. Additionally, LANXESS targets an 25% reduction in absolute Scope 3 emissions within the same timeframe. Long-term goals include a 90% reduction in Scope 1 and 2 emissions by 2040 and a 90% reduction in Scope 3 emissions by 2050, also based on the 2021 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect LANXESS's commitment to reaching net-zero greenhouse gas emissions across its value chain by 2050. The company’s emissions reduction strategy includes addressing land-related emissions and removals from bioenergy feedstocks, demonstrating a comprehensive approach to climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
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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
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lanxess's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Lanxess is headquartered in DE, which has a rank of medium, indicating medium grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers