Lanxess

Lanxess reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 2,591 Kt (+58/+2.3% y-o-y). Carbon intensity also .

Lanxess's Scope 3 emissions was up at 16,876 Kt (+2,377/+16% y-o-y). The performance has been erratic recently.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Lanxess also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net Zero Target Lanxess AG commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets Lanxess AG commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year*. Lanxess AG commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks. Long-Term Targets Lanxess AG commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2021 base year*. Lanxess AG commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2021 base year. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.