LANXESS AG.
LXS.XETRA | Manufacture of basic chemicals
LANXESS AG is a specialty chemicals company. It develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics. The company operates through the following segments: Specialty Additives, Advanced Intermediates, Engineering Materials, and Consumer Protection. ...Show More
Better Health for All
0
No evidence available to assess LANXESS AG on Better Health for All.
Fair Money & Economic Opportunity
0
LANXESS AG is a specialty chemicals company. The provided articles detail its sustainability initiatives
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, human rights commitments
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, and corporate financial strategy
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, such as securing a sustainable credit line for its own operations
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. The article mentions LANXESS secured a EUR 800 million sustainable credit line
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. The company's sales in 2024 were EUR 6.4 billion
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. LANXESS has operations in 32 countries
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. However, none of the articles contain evidence that LANXESS AG operates as a financial institution, offers lending or deposit services to consumers, or engages in any activities related to financial inclusion or wealth building for underserved communities. Therefore, there is no specific, concrete data to assess the company against any of the KPIs for the 'Fair Money & Economic Opportunity' value.
Fair Pay & Worker Respect
40
The 2024 CEO-to-median employee pay ratio was 56:1.
1
Over 60% of employees are covered by collective bargaining agreements.
2
The 2024 Recordable Incident Rate (RIR) was 0.5, with zero work-related fatalities in 2024.
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The 2024 gender pay gap was 3.9%, meaning women earned 96.1% of men's average income.
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A 2020 job satisfaction survey found 92% of participating employees felt committed or very committed to their work.
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The 2024 voluntary employee turnover rate was 3.6% globally.
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In 2024, there were no reports or knowledge of systematic discrimination against employees, and no substantiated labor law or human rights violations were mentioned.
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In 2024, 7.04% of the workforce was on temporary contracts, with zero non-guaranteed hours employees.
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Fair Trade & Ethical Sourcing
0
No specific quantitative data was provided in the articles for any of the requested key performance indicators related to fair trade and ethical sourcing
1
. Information regarding fair-trade certification share
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, audit frequency
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, forced or child labor incidents
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, supply chain traceability coverage
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, remediation speed
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, ethical clause coverage in supplier contracts
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, share of spend on high-risk materials
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, or supplier diversity spend was not available
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.
Honest & Fair Business
-20
LANXESS AG incurred ethics-related regulatory fines totaling $3,195,520 in the past three years.
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This includes a $3.1 million civil penalty for Clean Air Act violations, which involved exceedances of emission limits, flare control issues, leak detection and repair violations, and delayed reporting of releases.
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Additionally, the company received a $27,000 fine in 2025
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and a $68,520 fine in 2023
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for Clean Air Act violations related to leak detection and repair failures.
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The company operates an external whistleblower system, SpeakUp®, which allows for anonymous submissions.
6
Furthermore, LANXESS AG demonstrates a commitment to compliance with international anti-corruption standards, including the UN Convention against Corruption, and has established processes for risk assessment, stakeholder engagement, and internal controls related to anti-corruption.
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Kind to Animals
-30
LANXESS has a policy committed to avoiding animal testing unless legally required or where alternatives are unavailable, following the 3Rs principle.
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The company does not conduct animal testing in-house.
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instead using contract laboratories that must adhere to high animal welfare standards, including GLP or AAALAC compliance, and are subject to inspection.
3
LANXESS employs alternative methods like in silico and in vitro testing and invests in QSAR models.
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Additionally, the company supports Cefic's work on New Approach Methods (NAMs).
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No War, No Weapons
10
LANXESS AG's involvement in activities related to controversial weapons is stated as "not applicable", indicating no defense or arms-related activities in its core business.
1
The company commits to respecting human rights in supply chains, adhering to the Universal Declaration of Human Rights, the UK Modern Slavery Act, and ILO labor standards.
2
Its Business Partner Code of Conduct requires suppliers to comply with all applicable laws and regulations for environmental protection, health and safety, and labor practices, with the right to monitor and terminate relationships for violations.
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The company has been a member of the UN Global Compact since 2011
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and bases its business activities on the UN Guiding Principles on Business and Human Rights.
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For conflict minerals, the company states its products and raw materials do not contain 3TG from conflict regions
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and commits to sourcing only from certified, conflict-free sources, regularly checking value chains.
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The company has no defense business to oversee.
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Planet-Friendly Business
-40
LANXESS has SBTi-validated science-based carbon reduction targets in place for Scope 1 & 2 emissions by 2040 and Scope 3 emissions by 2050.
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An interim target of a 42% reduction in Scope 1 and 2 emissions by 2030 compared to 2021 has been published.
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The company received an A rating for its climate strategy from SBTi in 2022.
3
LANXESS has published a TCFD Index since 2021, indicating alignment with TCFD recommendations.
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Its risk management process includes analyzing climate-related opportunities and risks, considering various climate scenarios, including IEA 2DS and SSP5-8.5.
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This global scenario analysis assesses short, medium, and long-term risks for all locations, and the climate strategy is integrated into its business policy and strategic guidelines, incorporating carbon pricing into capital expenditure projects.
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Respect for Cultures & Communities
0
No specific, quantitative data relevant to any of the 'Respect for Cultures & Communities' KPIs was found across the provided articles. The articles focus on employee policies
1
, general corporate culture
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, human rights commitments without specific metrics
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, trainee programs
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, and broad SDG contributions
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, none of which provide the necessary evidence for assessment against the given rubric.
Safe & Smart Tech
-20
LANXESS retains newsletter blacklist data indefinitely, a significant deviation from data minimization principles, despite other data having 2-3 year retention periods for stockholders.
1
In 2023, only 28 out of 74 production facilities (37.8%) underwent HSE compliance checks, which include security testing.
2
The company explicitly states compliance with numerous regulations, including GDPR, German Federal Data Protection Act, German Stock Corporation Act, German Corporate Governance Code, and the US-EU Privacy Shield Agreement.
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There are no documented incidents of unauthorized data use, and policies are in place to prevent such incidents.
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Stockholders and representatives are granted GDPR rights, including access, rectification, erasure, and data portability, exercisable via a dedicated email.
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The internal security team received detailed training and support from TÜV Rheinland, and employees were successfully qualified to work with new systems, with continuous training mentioned.
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Zero Waste & Sustainable Products
-40
LANXESS reports a material recycling rate of 14%.
1
The company has set a target to achieve a 60% reuse/recycling rate by 2030.
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LANXESS has implemented six waste reduction initiatives, including researching pyrolysis for recycling flame retardants, participating in a chemical recycling pilot project, and being a founding member or participant in the BDI Circular Economy, ISCC, WBCSD Factor10, and Circular Cars initiatives.
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For hazardous waste management, LANXESS is working to separate hazardous flame retardants from materials to enable reuse.
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The company has no reported waste disposal violations or fines.
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