LANXESS Product Development and Corporate Responsibility: A Commitment to Sustainability
LANXESS Overview
LANXESS is a global specialty chemicals company with a strong focus on sustainable product development and corporate responsibility. Their sustainability strategy integrates climate leadership, environmental stewardship, and advancing societal goals, all underpinned by clear values like diversity, inclusion, and ethical corporate culture.
Sustainable Product Portfolio Management
LANXESS approaches sustainable product development through three core perspectives, ensuring a forward-looking and comprehensive strategy:
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Product Sustainability Monitor
This analytical tool identifies products manufactured sustainably and highlights areas for improvement. By continuously monitoring, LANXESS has enhanced its sustainability performance across its portfolio over several years. -
Product Carbon Footprint (PCF) and Circular Potential
LANXESS assesses both the carbon footprint and recyclability of its products. The company targets continuous reduction of climate impact, prioritizes sustainable raw materials, and emphasizes circular economy principles by designing products for recycling. -
Benefits in Product Application
Beyond manufacturing, LANXESS evaluates how their products contribute to sustainable solutions in use. For example, additives that extend product lifespan or enable material recycling support new environmental concepts like climate protection and circularity.
Additional Compliance: EU Taxonomy Alignment
LANXESS also considers the EU Taxonomy to identify activities with high carbon emissions predominantly linked to basic chemicals and plastics. This framework helps the company align with EU expectations, noting only a small portion of LANXESS’s portfolio falls under this high-emissions category.
Recent Sustainability Highlights
- CO₂ Footprint Reduction: LANXESS has made measurable progress in lowering product carbon footprints at key sites, such as Botlek.
- Innovative Partnerships: The company collaborates with industry leaders like Continental, promoting sustainable additives for tires.
- Environmental Contributions: LANXESS products are used in projects including 3D-printed concrete sculptures, demonstrating innovative use of pigments aligned with sustainability goals.
Corporate Responsibility and Contact
LANXESS’s corporate responsibility efforts span stakeholder engagement, human rights advocacy, and comprehensive sustainability management. Sebastian Röhrig, Head of Corporate Responsibility, directs these initiatives, fostering transparency and collaboration worldwide.
Why This Matters
LANXESS exemplifies how chemical companies can integrate sustainability into product innovation while addressing climate impact and circular economy principles. Their multi-dimensional strategy and openness to external frameworks like the EU Taxonomy ensure ongoing improvement and alignment with global sustainability targets.
For More Information
Visit LANXESS’s official sustainability portal or contact Sebastian Röhrig, Head of Corporate Responsibility, for insights on sustainable product development and corporate responsibility practices.
Published: June 2024
Source: LANXESS Corporate Sustainability and Product Development
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