LANXESS Again Ranks First in Dow Jones Best in Class Index Europe, Top 5 Globally

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Specialty chemicals company LANXESS has once again been selected as the leader in Europe and ranked 5th globally in the chemicals sector of the 'Dow Jones Best in Class Index'. The company received high evaluations for its climate strategy and water management, and its ESG rating by Sustainalytics improved to 'Low Risk'.

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Specialty chemicals company LANXESS has once again been selected as the leader in Europe and ranked 5th globally in the chemicals sector of the 'Dow Jones Best in Class Index'. The company received high evaluations for its climate strategy and water management, and its ESG rating by Sustainalytics improved to 'Low Risk'.

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Source: https://prtimes.jp/main/html/rd/p/000000045.000034656.html | Date: Date unavailable

First place in the Europe Index, fifth place in the World Index. Excellent evaluation in climate strategy, water, human rights, and product stewardship. Improved rating from international ESG evaluator Sustainalytics. German specialty chemicals manufacturer LANXESS maintains its position as a leading company in sustainability within the chemical industry. In the latest 'Dow Jones Best in Class Index', LANXESS was selected as number one in Europe and fifth globally in the chemicals sector. The company received particularly high evaluations in the areas of climate strategy, water, human rights, and product stewardship. Matthias Zachert, CEO of LANXESS, stated: "This high evaluation in the 'Dow Jones Best in Class Index' demonstrates LANXESS's commitment to placing sustainability at the core of its corporate strategy, even in a challenging economic environment. We believe that LANXESS's efforts in important areas such as climate protection, responsible resource use, and excellent corporate governance being internationally recognized will further enhance the trust of our customers, investors, and partners." International ESG rating agency Sustainalytics improves rating, moves to 'Low Risk' category. LANXESS further improved its score in the sustainability assessment by Sustainalytics, an international ESG rating agency. This assessment evaluates companies' environmental, social, and governance (ESG) risks, with a lower score indicating a higher rating. Sustainalytics has now upgraded LANXESS's rating from 'Medium Risk' to 'Low Risk'. LANXESS scored 19.6 points, placing it in the top 4% in the specialty chemicals sector and the top 6% of the global chemical industry as a whole. This year, LANXESS's sustainable business model has also been highly praised by other major rating agencies. For example, the climate protection initiative CDP once again selected LANXESS for its 'A List' in climate protection and rated its water management efforts with an 'A-'. Furthermore, the s

LANXESS Again Ranks First in Dow Jones Best in Class Index Europe, Top 5 Globally

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