Lanxess Sustainability Profile
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 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lanxess's reported carbon emissions
In 2024, LANXESS AG reported total greenhouse gas emissions of approximately 12.3 billion kg CO2e, comprising 854 million kg CO2e from Scope 1, 1.03 billion kg CO2e from Scope 2, and about 10.4 billion kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of approximately 12.5 billion kg CO2e, with Scope 1 emissions at 843 million kg CO2e and Scope 2 at 1.3 billion kg CO2e. LANXESS has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030, targeting a reduction to 1.3 million metric tons of CO2e from a 2021 baseline of approximately 2.2 million metric tons. Additionally, the company aims to reduce Scope 3 emissions by 25% within the same timeframe. Long-term goals include achieving a 90% reduction in Scope 1 and 2 emissions by 2040 and a 90% reduction in Scope 3 emissions by 2050. The company is committed to reaching net-zero greenhouse gas emissions across its entire value chain by 2050, aligning its targets with the Science Based Targets initiative (SBTi) to ensure they are consistent with the 1.5°C climate goal. These commitments reflect LANXESS's proactive approach to addressing climate change and reducing its carbon footprint.
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| 2004 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 27,000,000,000 | - | - | 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 | - | 00,000,000,000 |
How Carbon Intensive is Lanxess's Industry?
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Lanxess's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lanxess has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Lanxess's sustainability data and climate commitments