No. 1 in Dow Jones Sustainability Index (DJSI) Europe; No. 3 in DJSI World • MSCI ESG confirmed AA ranking • Platinum stage in EcoVadis ranking achieved again
Mumbai (Maharashtra) [India], January 25: LANXESS as soon as again convinces in phrases of sustainability: Within the Dow Jones Sustainability Index (DJSI) Europe, the specialty chemical substances firm took first place in the “Chemical compounds” class with a rating of 79 out of 100. LANXESS ranked third in the DJSI World. The corporate scored significantly effectively in the classes local weather technique, water, product stewardship and occupational security.
In November, the ranking company MSCI ESG confirmed LANXESS’ AA ranking for the third time in a row. This makes the specialty chemical substances firm top-of-the-line firms in the “Diversified Chemical compounds” business.
As well as, EcoVadis confirmed LANXESS’ platinum sustainability ranking in August. This distinction is awarded to the top 1 p.c of the greater than 100,000 firms rated by EcoVadis.
“We need to actively form the transformation of the business and world worth chains and thus contribute to a extra sustainable future. The rating in the Dow Jones Sustainability Indices and good ratings by MSCI ESG and EcoVadis underline that we’re heading in the right direction,” stated Hubert Fink, Member of the Board of Administration of LANXESS AG.
Each the Dow Jones Sustainability Indices and MSCI ESG consider firms in the areas of surroundings, social accountability and company governance. EcoVadis evaluates firms in the areas of surroundings, labor and human rights, ethics and sustainable procurement.
LANXESS goals to make its total worth chain local weather impartial and has due to this fact additional expanded its portfolio of sustainable merchandise in 2023. The uncooked materials base for the plasticizer Mesamoll has been modified in order that it now consists of 30 p.c sustainable uncooked supplies. Sulfur service components beneath the Additin model are additionally based mostly on domestically sourced, renewable uncooked supplies. As well as, the Flavors & Fragrances enterprise unit plans to supply sustainable product variants for its total portfolio of flavors and fragrances, preservatives and animal diet merchandise. Many polyols and oxidation merchandise are additionally accessible in a sustainable model.
LANXESS markets its most sustainable merchandise beneath the “Scopeblue” umbrella model. Scopeblue labels merchandise which might be based mostly on greater than half renewable uncooked supplies or have a carbon footprint that’s lower than half that of a comparable product constituted of standard uncooked supplies.
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