As part of the LANXESS Group strategy, sustainability is regularly the subject of decision-making processes by the Board of Management. 

We have established several specialized committees below the Board of Management and Supervisory Board to ensure continuous development and compliance with our strategy, rules and standards.

Committees and Functions

Sustainability Committee

The top decision-making body is now the Sustainability Committee, which manages all key issues relating to sustainability. Its members include all members of the Board of Management. Five sub-committees report to the Sustainability Committee, which deal with various focal points of our sustainability strategy and are each headed by a Board of Management member:

• “Climate & Energy” sub-committee – implementation of the LANXESS “Climate neutral 2040” climate program
• “Health, Safety & Environment” sub-committee –development of sustainable and safe production sites
• "Value Chain Circularity & Product Stewardship" sub-committee - promotion of sustainable products and value chains
• "People & Governance" sub-committee-coordination of issues of LANXESS's corporate and social responsibility
• "Stakeholder expectations and reporting standards" sub-committee - fulfillment of external reporting standards and stakeholder management

The “Value Chain Circularity & Product Stewardship” sub-committee and the “Sustainability Committee” adopted two new sustainability topics: 

1. LANXESS wants to make its entire supply chain climate-neutral. The indirect emissions in the upstream and downstream supply chain (Scope 3) are to be eliminated by 2050. The LANXESS climate targets are in line with the Paris Climate Agreement. The Science Based Targets initiative (SBTi), a joint initiative of the climate change mitigation organization CDP, the U.N. Global Compact, the World Resources Institute and the World Wide Fund for Nature, validated our climate targets for Scope 1 and 2 and confirmed that LANXESS is helping to limit global warming to a maximum of 1.5 degrees Celsius. To measure climate-relevant emissions, we collect data on emissions of greenhouse gases defined in the Kyoto Protocol and calculate their greenhouse effect  in comparison to carbon dioxide.
2. Furthermore, we have set ourselves the target of carrying only climate-neutral products in our portfolio and quantifying the carbon footprint of all our products by 2050 (see targets table).  Other key aspects of sustainable action in our view are compliance with and the continual development of our values, rules and standards as well as forward-looking risk management.

Compliance-Organisation

The global compliance organization is to be the point of contact for all employees on all compliance-related issues. In coordination with the business segments, measures are also developed to prevent misconduct and to counteract any illegal or unethical behavior in the LANXESS Group at an early stage.

Corporate Risk Committee

The Corporate Risk Committee reviews and monitors the risk profile of LANXESS and, as part of this process, regularly analyzes the main opportunities, risks and corresponding precautionary measures regarding sustainability.

Health, Safety and Environment: HSE Committee

As one of LANXESS's five subcommittees, the HSE Committee (Health, Safety, Environment) ensures uniformly high health, safety and environmental protection standards worldwide. It defines the necessary global guidelines, strategies and programs, as well as our goals, and monitors their implementation. The committee is also responsible for our global strategy for the integrated quality and environmental management system, as well as the energy management system.