LANXESS Recognized by CDP among Global Climate Protection Leader

German specialty chemicals company LANXESS' efforts in tackling climate change have again been recognized by international climate protection initiative CDP.

December 15, 2020. By Manu Tayal

German specialty chemicals company LANXESS' efforts in tackling climate change have again been recognized by international climate protection initiative CDP.

In the most recent evaluation, specialty chemicals company is once more listed in the ‘Climate A List’ as one of 270 companies worldwide, placing it among the top 5 per cent out of around 5,800 enterprises evaluated by CDP.

The score A has been awarded to companies that report on their climate protection activities in a particularly transparent and comprehensive manner and implement corresponding projects. For LANXESS it is the fourth inclusion in the ‘A List’. The company has been disclosing data relevant to climate protection to CDP since 2012.

Commenting on the development, Hubert Fink, member of the Board of Management of LANXESS AG, said “climate protection is a central part of LANXESS' corporate strategy. A fact that we underline with our ambitious goal to become climate neutral by 2040. Being awarded climate protection leader by CDP, once again proves that we are on the right track.”

Fink further added that “we are delighted that our commitment to greater sustainability and climate protection has been recognized so widely.”

Last year, the company focused its business activities even more strongly on sustainability, with climate protection and energy efficiency being key topics. By 2040, the specialty chemicals company intends to become climate neutral and eliminate its greenhouse gas emissions.

CDP is an independent non-profit organization and aims to create worldwide transparency on greenhouse gas emissions and the management of water resources and forests. In 2020, over 9,600 companies submitted their data. This makes the CDP data platform one of the world's most comprehensive sources of environmentally relevant information.

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