Lanxess AG

Common Name
Lanxess
Country
Germany
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
11,901
Ticker
LXS
Exchange
XETRA
Description
Lanxess AG is a prominent specialty chemicals company integral to various industries around the globe. The core purpose of Lanxess AG is to develop, manufacture, and market a wide array of chemical in...

Lanxess's GHG Emissions Data Preview

In 2024, Lanxess completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Lanxess has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Lanxess’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lanxess’s data sources below and access millions more through our Disclosure Search.

a. Lanxess's ESG Data Spreadsheet 2024
a. Lanxess's ESG Data Spreadsheet 2024
b. Lanxess's ESG Data Spreadsheet 2022
b. Lanxess's ESG Data Spreadsheet 2022

Insights into Lanxess's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Lanxess amounted to 1,887,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Lanxess increased by 9.58%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Lanxess's Scope 1 Emissions Over Time

20182019202020212022202320240400 k800 k1.2 M1.6 MtCO2e-2%-13%-26%-10%-14%+18%
  • Total Scope 1
  • Year-over-Year Change

What are Lanxess's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Lanxess were 854,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Lanxess reduced its Scope 1 emissions over time?

Since 2018, Lanxess's Scope 1 emissions have decreased by 42.68%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Lanxess's Scope 1 emissions increased by 17.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Lanxess's Scope 2 emissions?

In 2024, Lanxess reported Scope 2 greenhouse gas (GHG) emissions of 1,033,000 tCO₂e using the market-based method. a

Has Lanxess reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Lanxess's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Lanxess 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Lanxess use for Scope 2 reporting?

In 2024, Lanxess reported its Scope 2 emissions using the market-based method. a

Lanxess's Scope 2 Emissions Over Time

20182019202020212022202320240450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Lanxess's Value Chain Emissions

In 2024, Lanxess reported 10,372,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Lanxess includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 11 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Lanxess's Scope 3 Emissions Over Time

201820192020202120222023202406 M12 M18 M24 MtCO2e-17%-24%+2%-24%-15%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Lanxess's Scope 3 emissions?

In 2024, Lanxess reported total Scope 3 emissions of 10,372,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 51.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 48.25% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Lanxess reduced its Scope 3 emissions over time?

Since 2018, Lanxess's Scope 3 emissions have decreased by 54.63%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Lanxess's Scope 3 emissions remained relatively stable, indicating that Lanxess 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Lanxess disclose?

In 2024, Lanxess reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Lanxess's Scope 3 emissions?

In 2024, the largest contributors to Lanxess's Scope 3 emissions were: a

  • End-of-Life Treatment of Sold Products (Cat. 12): 4,880,000 tCO₂e (47.05%)
  • Purchased Goods and Services (Cat. 1): 4,209,000 tCO₂e (40.58%)
  • Waste Generated in Operations (Cat. 5): 480,000 tCO₂e (4.63%)

Lanxess's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(4.6%)End-of-LifeTreatment of SoldProducts (Cat. 12)(47.0%)Purchased Goods andServices (Cat. 1)(40.6%)

Insights into Lanxess’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Lanxess reported Scope 1 greenhouse gas (GHG) emissions of 854,000 tCO₂e and total revenues of USD 6,625 millions. This translates into an emissions intensity of 128.91 tCO₂e per millions USD. a

Lanxess's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,00050,000,000Scope 1 Emissions (tCO2e)5001,0005,00010,00050,000Revenues (Millions of USD)DKHUBEYear: 2023Scope 1: 3,360,000 tCO2eRevenue: $M 3,714Scope 1 Intensity: 904.63 tCO2e/$MWacker ChemieYear: 2024Scope 1: 1,212,000 tCO2eRevenue: $M 5,954Scope 1 Intensity: 203.55 tCO2e/$MBrenntagYear: 2024Scope 1: 185,546 tCO2eRevenue: $M 16,897Scope 1 Intensity: 10.98 tCO2e/$MCovestroYear: 2024Scope 1: 1,010,000 tCO2eRevenue: $M 14,755Scope 1 Intensity: 68.45 tCO2e/$MFormosa PlasticsYear: 2024Scope 1: 3,454,675 tCO2eRevenue: $M 6,106Scope 1 Intensity: 565.76 tCO2e/$MVerbioYear: 2024Scope 1: 294,723 tCO2eRevenue: $M 1,776Scope 1 Intensity: 165.99 tCO2e/$MCNGR Advanced MaterialYear: 2023Scope 1: 161,121 tCO2eRevenue: $M 4,822Scope 1 Intensity: 33.41 tCO2e/$MMeiHua Holdings GroupYear: 2023Scope 1: 9,383,709 tCO2eRevenue: $M 3,906Scope 1 Intensity: 2,402.33 tCO2e/$MDICYear: 2024Scope 1: 282,856 tCO2eRevenue: $M 6,823Scope 1 Intensity: 41.46 tCO2e/$MKanekaYear: 2022Scope 1: 624,100 tCO2eRevenue: $M 5,667Scope 1 Intensity: 110.12 tCO2e/$MClariantYear: 2024Scope 1: 270,000 tCO2eRevenue: $M 4,585Scope 1 Intensity: 58.89 tCO2e/$MSanyou ChemicalYear: 2023Scope 1: 4,041,748 tCO2eRevenue: $M 3,084Scope 1 Intensity: 1,310.43 tCO2e/$MEvonik IndustriesYear: 2024Scope 1: 3,390,000 tCO2eRevenue: $M 15,773Scope 1 Intensity: 214.93 tCO2e/$MMitsubishi Gas ChemicalYear: 2023Scope 1: 715,000 tCO2eRevenue: $M 5,865Scope 1 Intensity: 121.91 tCO2e/$MLuxi Chemical GroupYear: 2023Scope 1: 9,793,400 tCO2eRevenue: $M 3,568Scope 1 Intensity: 2,744.79 tCO2e/$MNagase & CoYear: 2022Scope 1: 31,099 tCO2eRevenue: $M 6,397Scope 1 Intensity: 4.86 tCO2e/$MAlbemarleYear: 2024Scope 1: 753,000 tCO2eRevenue: $M 5,378Scope 1 Intensity: 140.03 tCO2e/$MDDDL HoldingsYear: 2023Scope 1: 1,848,712 tCO2eRevenue: $M 3,927Scope 1 Intensity: 470.79 tCO2e/$MDSM-FirmenichYear: 2024Scope 1: 594,400 tCO2eRevenue: $M 13,319Scope 1 Intensity: 44.63 tCO2e/$MKKKingfa Sci&TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MSymriseYear: 2024Scope 1: 298,224 tCO2eRevenue: $M 5,202Scope 1 Intensity: 57.33 tCO2e/$MFuchsYear: 2023Scope 1: 38,945 tCO2eRevenue: $M 3,919Scope 1 Intensity: 9.94 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MArkemaYear: 2024Scope 1: 1,358,000 tCO2eRevenue: $M 9,932Scope 1 Intensity: 136.73 tCO2e/$MLanxessYear: 2024Scope 1: 854,000 tCO2eRevenue: $M 6,625Scope 1 Intensity: 128.91 tCO2e/$M

How does Lanxess's GHG emissions intensity compare to its peers?

In 2024, Lanxess reported a Scope 1 emissions intensity of 128.91 tCO₂e per millions USD. Compared to the peer group median of 129.32 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Lanxess rank on GHG emissions intensity within its industry?

In 2024, Lanxess ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Lanxess is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Lanxess's Total Carbon Footprint

In 2024, Lanxess reported a total carbon footprint of 12,259,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.94% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Lanxess's total carbon footprint was Scope 3 emissions, accounting for 84.61% of the company's total carbon footprint, followed by Scope 2 emissions at 8.43%. a

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