LANXESS has ambitious targets and aims to become climate-neutral by 2040. To achieve this, we have developed a clear strategy and have already launched the first major projects. We aim to cooperate actively on the transformation of industry and global value chains and thus to foster the transition to a more sustainable world. Therefore, LANXESS is embedding sustainability even more firmly in the company. A new system of compensation for the Board of Management has been in place since the beginning of the year 2021. Roughly one-third of the variable compensation is now linked to the company’s sustainability performance.
LANXESS’ vision of sustainability is twofold: our products need to be sustainable in their own right, likewise the applications in which these products are used. One cannot work without the other!
We illustrate this philosophy with the example of flame retardants for use in thermal insulation foams, which is indispensable in modern homes and buildings. By significantly reducing the chance of fire and energy losses in our living spaces, meeting the huge challenges arising from climate change becomes more of a reality. Therefore, this end use of flame retardants takes on global significance in our quest for sustainable applications.
LANXESS is proud to offer an innovative polymeric flame retardant for polystyrene insulation foams, Emerald Innovation™ 3000. This molecule is part of our extensive offering of reactive and higher molecular weight flame retardants. These are of low volatility and low bioaccumulation potential, resulting in a sustainable human health and environmental profile. We offer one of the world’s most comprehensive flame retardant portfolios, supported by a global network of sales and technical experience and expertise.