Tag: Lanxess

News

LANXESS India awarded as Best Nicer Globe User Company by the Indian Chemical Council

Oct 14, 2024 by Mansi Praharaj 0 Comments #Best Nicer Globe User Company, #Indian Chemical Council, #Lanxess, #LANXESS India, #Namitesh Roy Choudhury

Mumbai, October 14th, 2024 – Specialty chemicals company LANXESS India has won the prestigious ‘Best Nicer Globe User Company Award’ for the year 2023 by the Indian Chemical Council (ICC). This accolade recognizes LANXESS India’s outstanding commitment to transportation safety and sustainability implemented through its ‘Empowered Driver’ initiative.

The award was presented to LANXESS India during the 59th Annual Awards presentation function held by ICC in Mumbai on 20th September, 2024. The event brought together various esteemed industry leaders from the chemical industry.

LANXESS India has been a pioneer in promoting safety culture and sustainable practices within the industry. As a founder member of the Transport Distribution Safety & Emergency Response initiative, Nicer Globe, LANXESS has collaborated with other chemical companies to establish globally acclaimed standards, infrastructure, and services for safe and secure transportation.

LANXESS India’s ‘Empowered Driver’ initiative focuses on empowering and improving the safety and well-being of drivers. Under the initiative, drivers are provided with essential support such counselling, comprehensive training, regular medical check-ups and are also rewarded for their safety performance.

Namitesh Roy Choudhury, Vice Chairman and Managing Director, LANXESS India commented, “We are honored to receive this award. At LANXESS India, we have always prioritized the safety and well-being of our employees, the community, and the environment. Our initiatives, such as the Empowered Driver program and our collaboration with Nicer Globe, reflect our dedication to enhancing transportation safety and fostering a culture of responsibility and care. This award motivates us to continue striving for excellence in all our operations and to contribute positively to the growth and development of the chemical industry.”

Business

Proportion of women in management positions to rise to 30 percent by 2030

Dec 27, 2021 by Gouri Achary 0 Comments #Commitment to equality, #Lanxess, #LANXESS AG., #Matthias Zachert, #UN Global Compact, #UN Women, #women in management positions

LANXESS wants to further promote gender diversity: By 2030, the speciality chemicals company aims to increase the proportion of women in management positions worldwide to 30 per cent. At the end of 2020, around 23 per cent of these positions were held by women.

 “To move LANXESS forward, we need the best talents. We also know from our own experience that diverse teams come to better decisions and drive innovation. Bringing more women into management positions is, therefore, a decisive factor for the further successful development of our company,” said Matthias Zachert, Chairman of the Board of Management of LANXESS AG.

Tailored offers to promote women

All LANXESS executives are obliged to pursue this new goal. To promote the professional and personal development of women, LANXESS supports young executives with individual mentoring and coaching offers. In addition, the speciality chemicals company is setting concrete targets for staffing its global talent programs: At least 30 percent of participants are to be female. In recruiting, LANXESS works with events tailored specifically to women. In addition, development and training opportunities are designed to be attractive to women. The company is also continuously expanding its offerings for balancing work and family life. For example, by the end of 2022, offers for flexible working – in terms of time and place – is to be available in 95 percent of the countries in which LANXESS operates.

Commitment to equality

In February 2021, LANXESS joined the Women’s Empowerment Principles initiative of UN Women and UN Global Compact. This underlines the company’s commitment to promoting business practices that empower women. These include equal pay for work of equal value, gender-sensitive policies for the advancement of women, and zero tolerance for sexual harassment in the workplace.

 Group financing also reflects the company’s commitment to increasing the proportion of women. Since the end of 2019, the interest rate of LANXESS’ main revolving credit facility has been linked, among other things, to how successfully the company increases the proportion of women on the top three management levels.

Business

Lanxess recognized by CDP as global climate protection leader

Dec 13, 2021 by Gouri Achary 0 Comments #(CDP), #global climate protection leader, #Hubert Fink, #Lanxess

Specialty chemicals company LANXESS has once again been recognized for its achievements in the fight against climate change. In the latest assessment by the renowned climate protection initiative CDP, the Group has made it into the “Climate A List” as one of 200 companies worldwide. This puts LANXESS among the top 2 percent of the more

than 12,000 companies assessed by CDP.

The “A” rating is awarded to companies that report particularly transparently and comprehensively on their climate protection activities and also implement corresponding projects. LANXESS is on the “Climate A-List” for the fifth time this year. The Group has been disclosing climate protection-related data to CDP since 2012.

“Climate protection is a central part of the corporate strategy at LANXESS. This is reflected in our ambitious goal of becoming climate neutral by 2040. The CDP award underlines our ambitions in this field,” said Hubert Fink, member of the Board of Management of LANXESS AG.

In addition, LANXESS received a B rating in the area of water management. Last year, the company set dedicated targets for sustainable water management and launched projects at the four sites in the areas with the highest water stress to strengthen sustainable water management locally.

Repeatedly recognized

The renewed inclusion in CDP’s “Climate A List” follows several positive assessments in sustainability ratings this year. In November, LANXESS was once again included in the Dow Jones Sustainability Indexes (DJSI) World and Europe. As last year, the specialty chemicals company leads the DJSI Europe in the “Chemicals” category and came second in the DJSI World.

In June, the specialty chemicals company also improved its rating in the MSCI ESG sustainability index from A to AA. The key factors here were the company’s improved water management, its good climate strategy and its commitment to chemical safety.

LANXESS also improved its EcoVadis sustainability rating to platinum level. The award is given to the top 1 percent of the 75,000 companies analyzed by EcoVadis. The driver for the higher rating was the improvement in environmental factors.

CDP: Highest transparency on environmental data

CDP, an independent nonprofit organization, aims to create global transparency on greenhouse gas emissions and the management of water resources and forests. In 2021, more than 12,000 companies submitted their data. This makes the CDP data platform one of the world’s most comprehensive sources of environmentally relevant information. The project is currently supported by more than 590 investors worldwide, who manage a total of around 110 trillion US dollars in assets.Specialty chemicals company LANXESS has once again been recognized for its achievements in the fight against climate change. In the latest assessment by the renowned climate protection initiative CDP, the Group has made it into the “Climate A List” as one of 200 companies worldwide. This puts LANXESS among the top 2 percent of the more

than 12,000 companies assessed by CDP.

The “A” rating is awarded to companies that report particularly transparently and comprehensively on their climate protection activities and also implement corresponding projects. LANXESS is on the “Climate A-List” for the fifth time this year. The Group has been disclosing climate protection-related data to CDP since 2012.

“Climate protection is a central part of the corporate strategy at LANXESS. This is reflected in our ambitious goal of becoming climate neutral by 2040. The CDP award underlines our ambitions in this field,” said Hubert Fink, member of the Board of Management of LANXESS AG.

In addition, LANXESS received a B rating in the area of water management. Last year, the company set dedicated targets for sustainable water management and launched projects at the four sites in the areas with the highest water stress to strengthen sustainable water management locally.

Repeatedly recognized

The renewed inclusion in CDP’s “Climate A List” follows several positive assessments in sustainability ratings this year. In November, LANXESS was once again included in the Dow Jones Sustainability Indexes (DJSI) World and Europe. As last year, the specialty chemicals company leads the DJSI Europe in the “Chemicals” category and came second in the DJSI World.

In June, the specialty chemicals company also improved its rating in the MSCI ESG sustainability index from A to AA. The key factors here were the company’s improved water management, its good climate strategy and its commitment to chemical safety.

LANXESS also improved its EcoVadis sustainability rating to platinum level. The award is given to the top 1 percent of the 75,000 companies analyzed by EcoVadis. The driver for the higher rating was the improvement in environmental factors.

CDP: Highest transparency on environmental data

CDP, an independent nonprofit organization, aims to create global transparency on greenhouse gas emissions and the management of water resources and forests. In 2021, more than 12,000 companies submitted their data. This makes the CDP data platform one of the world’s most comprehensive sources of environmentally relevant information. The project is currently supported by more than 590 investors worldwide, who manage a total of around 110 trillion US dollars in assets.