Grade C+
ChemScore report card 2024

Lanxess

About the company

Lanxess is a German specialty chemicals company that was founded in 2004 through the spin-off of the chemicals division and parts of the polymers business from Bayer. The company produces, among other things, disinfectants, colorant additives, biocidal ingredients for microbial control and rubber chemicals for tires. In 2016, Lanxess began to focus on the market for additives for lubricants and fire retardants by acquiring Chemtura.
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Total score
23 out of 48 points
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Product Portfolio
0 out of 18 points

To reach a final score in this category, we assess the company’s transparency in chemical production. Lower transparency makes it harder to achieve a good score. If the product portfolio transparency is very low, a company producing just one or even zero toxic chemicals (according to available data) might receive the same poor score as one producing 50.

Visit the methodology to delve deeper into the ChemScore ranking.

Number of registered hazardous chemicals 24
Number of chemicals on the EU’s Candidate List 8
Number of chemicals on the EU’s Authorisation List and/or POP substances 2
Number of persistent chemicals 7
Product portfolio transparency 100%
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Development of Safer Chemicals
12 out of 12 points
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Management & Transparency
8 out of 12 points
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Lack of Controversies
3 out of 6 points

Action points 🔍

1. Increase transparency

Although Lanxess has responded to our request for more information regarding the company’s chemicals management, much is still unknown about Lanxess’ production and use of hazardous chemicals. To demonstrate a commitment to transparency, Lanxess should disclose both the share of revenue and production volume of products that are, or contain, hazardous chemicals. This information should cover all operations, including subsidiaries, worldwide. Sabic provides a good example, as it has disclosed its full chemicals portfolio, including production volumes and locations.

2. Map and phase out persistent chemicals

Lanxess is responsible for placing at least seven persistent chemicals on the US/EU market. The risks linked to persistent chemicals are becoming increasingly clear, not only for human health and the environment but also for companies and their shareholders. The regulatory tightening, high-profile lawsuits, and rising consumer awareness make business models based on persistent chemicals increasingly risky. Lanxess should first identify all uses and the share of total revenue derived from products that are or contain persistent substances. Then, the company should publish a time-bound plan to phase out persistent chemicals from each product group or business segment. Sika and LyondellBasell have both published the share of revenue that is generated from products containing PFAS. 3M has also published those numbers and committed to exiting the manufacture of PFAS by 2025.

3. Develop safer solutions

Lanxess publicly states that it will not develop or market new end-products containing more than 0.1% of substances that have the characteristics of a substance of very high concern. This is a good start. The next step should be to expand this and exclude all persistent chemicals from all products. Then, Lanxess should set a 2030 target for the share of revenue generated by products free from hazardous chemicals and develop a strategy to achieve it.

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Company facts
Founded
2004
Headquarters
Cologne, Germany
Revenue
7.4 billion USD
Market capitalization
2.7 billion USD
ISIN
DE0005470405
Category
Paint & Coatings
Plastic & Rubber & Fibres
Other
Detergents
Basic
Agro
Other years
Year Rank Total score
2024 6 / 51 23 / 48
2023 5 / 50 22 / 48
2022 9 / 54 19 / 48
2021 27 / 50 12 / 48