Specialty chemicals company Lanxess is taking the next step in climate protection and has set a target for its scope 3 emissions. The company aims to make its upstream and downstream supply chains climate-neutral by 2050. This includes indirect emissions, particularly from purchased raw materials, but also from logistics and end products. By 2030, scope 3 emissions are to be reduced by 40%. For direct emissions in production (scope 1) and for energy sourced (scope 2), the company had already set a target of becoming climate-neutral by 2040 three years ago.
The climate targets of Lanxess AG, Cologne/Germany, are in line with the Paris Climate Agreement. To achieve its scope 3 targets, the company has launched the Net Zero Value Chain Program. This strategy toward climate neutrality along the entire value chain is based on 3 pillars: sustainable raw materials, green logistics and climate-neutral products.
»To stop climate change, our societies must transform to climate neutrality. We want to do our part.”«
Matthias Zachert, Chairman of the Board of Management, Lanxess