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 Waste Data Preview

In 2023, Lanxess conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Lanxess’s Waste Management Data

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a. Lanxess's ESG Data Spreadsheet 2023
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Insights into Lanxess's Waste Treatment Practices

In 2023, Lanxess generated a total of 650,000 metric tonnes of waste. a

Of this amount, 8.17% of Lanxess's total waste generated was recovered through methods such as recycling, reuse, or composting, while 91.83% was disposed of through landfilling, incineration, or combustion. a

Lanxess's Waste Recovery Rate

8%

How much of Lanxess's waste is recycled or recovered?

In 2023, Lanxess reported a total waste generation of 650,000 metric tonnes, of which 8.17% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Lanxess may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives. a

Has Lanxess reduced its environmental waste footprint over time?

Since 2019, Lanxess's total waste generation decreased by 62.18%, including a further 8.13% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time. a

Over the same period, Lanxess's waste recovery rate increased by 138.39%, but declined by 2.2% in 2023, potentially signaling volatility in waste treatment processes or shifting priorities in waste management. a

Overall, Lanxess’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Lanxess’s Waste Recovery vs. Disposal Over Time

201920202021202220230450 k900 k1.35 M1.8 Mtonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Lanxess’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Lanxess generated a total of 650,000 metric tonnes of waste. a

Of this amount, 91.42% of Lanxess's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 8.58% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Lanxess’s Hazardous vs Non-Hazardous Waste Over Time

201920202021202220230450 k900 k1.35 M1.8 Mtonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Lanxess reduced the environmental impact of its waste?

Since 2019, Lanxess's total waste generation decreased by 62.18%, with an additional 8.13% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source. a

Over the same period, the share of hazardous waste in Lanxess's total output increased by 128.45%, including a further 3.17% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks. a

Overall, Lanxess's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a

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