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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 company, reported Scope 1 emissions of approximately 847 million kg CO2e, Scope 2 emissions (market-based) of around 884 million kg CO2e, and Scope 3 emissions of about 10.294 billion kg CO2e in 2025. In 2024, the company recorded Scope 1 emissions of approximately 854 million kg CO2e, Scope 2 emissions (market-based) of roughly 1.033 billion kg CO2e, and Scope 3 emissions of about 10.372 billion kg CO2e. In 2021, the company's total emissions were approximately 16.948 billion kg CO2e, comprising Scope 1 emissions of about 939 million kg CO2e, Scope 2 emissions (market-based) of around 1.264 billion kg CO2e, and Scope 3 emissions of approximately 14.745 billion kg 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 a 42% absolute reduction in Scope 1 and 2 GHG emissions by 2030 from a 2021 base year, with a target of 1.3 million metric tons of CO2e. Additionally, LANXESS commits to a 25% absolute reduction in Scope 3 GHG emissions by 2030 from a 2021 base year, targeting 11.0 million metric tons of CO2e. For the long term, LANXESS aims for a 90% absolute reduction in Scope 1 and 2 GHG emissions by 2040 from a 2021 base year, and a 90% absolute reduction in Scope 3 GHG emissions by 2050 from a 2021 base year. The company also intends to achieve climate neutrality for Scope 1 and 2 emissions by 2040 and make its entire supply chain climate neutral by 2050.
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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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