LANXESS Earns Top Recognition from CDP for Climate and Water Initiatives

LANXESS has received top ratings from CDP for its environmental disclosures and efforts in climate and water management, placing it among the highest-rated companies globally in the 2025 CDP environmental assessment.

Sarthak MahajanBy Sarthak Mahajan calendar 12 May 2025 Views icon249 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
LANXESS Earns Top Recognition from CDP for Climate and Water Initiatives

LANXESS, a specialty chemicals company, has been recognized by the global non-profit organization CDP for its environmental reporting and actions, placing it among the top 2 percent of over 24,700 companies assessed worldwide.

In the CDP’s 2025 evaluation, LANXESS received an “A” rating in the climate category, acknowledging its transparency and efforts in addressing climate change. This marks the eighth time the company has been listed in CDP’s “A List” for climate performance. LANXESS has been reporting its climate-related data to CDP since 2012.

To achieve an “A” grade, companies must not only provide detailed disclosures but also demonstrate tangible progress through actions such as setting science-based targets and implementing structured climate plans. In addition to its climate score, LANXESS was rated “A-” for its approach to water security, reflecting its responsible water management practices.

Hubert Fink, a member of the Board of Management of LANXESS AG, noted that the company’s environmental strategies also support the sustainability goals of its customers. He stated that the CDP rating reinforces the company’s direction in sustainability initiatives.

CDP operates one of the most widely used global disclosure platforms for environmental performance, covering greenhouse gas emissions, water usage, and forest-related risks. In 2025, the organization collected data from companies representing over 66 percent of global listed market capitalization.

LANXESS, based in Germany, recorded sales of €6.7 billion in 2023 and employs around 12,600 individuals in 32 countries. Its business includes the development and distribution of chemical intermediates, additives, and consumer protection products. The company is also listed on the Dow Jones Sustainability Indices (DJSI World and Europe).

RELATED ARTICLES
Gensol Engineering MD and Whole-time Director Resign Effective May 12

auther Sarthak Mahajan calendar12 May 2025

Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi step down from their positions effective ...

Vedanta Aluminium Develops Process to Recover Graphite from Aluminium Industry Waste

auther Sarthak Mahajan calendar12 May 2025

On National Technology Day 2025, Vedanta Aluminium announces a patented process that recovers battery-grade graphite fro...

Greaves Cotton Issues ₹40 Crore Corporate Guarantee for Subsidiary GEML's Loan from Tata Capital

auther Sarthak Mahajan calendar12 May 2025

Greaves Cotton Limited has extended a ₹40 crore corporate guarantee to Tata Capital, securing a two-year term loan avail...