Lanxess AG

Common Name
Lanxess
Country
Germany
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
12,338
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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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Lanxess's Scope 2 emissions?

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

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.

What methodology does Lanxess use for Scope 2 reporting?

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

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

Lanxess's Scope 3 Emissions by Categories

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

Insights into Lanxess's Total Carbon Footprint

In 2024, Lanxess reported a total carbon footprint of 12,259,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.