- Geopolitical instability and a tough economic environment.
- Uncertainty over emissions trading in Europe.
- Difficulty in significantly expanding renewable energy share at competitive prices.
- Shortage of truck drivers, especially in Europe, Great Britain, Canada and the U.S.
LANXESS AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, LANXESS AG disclosed greenhouse gas emissions of 1.7K thousand metric tons of CO2e (continuing operations) 1817 thousand metric tons of CO2e (including HPM business unit). By scope: Scope 1: 725 thousand metric tons of CO2e (continuing operations); Scope 2: 997 thousand metric tons of CO2e (continuing operations); Scope 3: 9.5K thousand metric tons of CO2e (continuing operations). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 725 thousand metric tons of CO2e (continuing operations) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 997 thousand metric tons of CO2e (continuing operations) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 9.5K thousand metric tons of CO2e (continuing operations) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.7K thousand metric tons of CO2e (continuing operations) 1817 thousand metric tons of CO2e (including HPM business unit) |
| 2022 | 2.0K thousand metric tons of CO2e (Scope 1 and 2) |
| 2021 | 2.6K thousand metric tons CO2e/year (Scope 1 & 2) |
| 2018-2021 | 3.2 million tCO2e (2018) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2e emissions by 73.5% (continuing operations) and 72% (including HPM business unit) versus 2004.
- Reduced NMVOC emissions by 91% (continuing operations) and 90% (including HPM business unit) compared to 2015.
- Reduced absolute water withdrawal at water risk sites by 31% compared with the base year 2019.
- All four water risk sites met the requirements of the LANXESS Water Stewardship Program.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce CO2e emissions by 65% versus 2004 by end of 2025.
- Reduce NMVOC emissions by 25% compared to 2015 by end of 2025.
- Reduce specific water consumption by 2% per year.
- Reduce specific TOC by 2% per year.
📅 Medium-term
- Reduce CO2e emissions by 80% versus 2004 by end of 2030.
- Reduce CO2e emissions (Scope 3) by 60% versus 2015 by end of 2030.
- Increase proportion of women in management to 30% by end of 2030.
- Reduce LTIFR by >50% (reference 2016) by end of 2025.
🔭 Long-term
- Climate neutrality for the entire Group by 2040.
- Climate neutrality for the upstream and downstream supply chain by 2050.