Lanxess baggage high place in Dow Jones Sustainability Index

2020/11 20 13:11


Main specialty chemical compounds firm, Lanxess, has bagged the highest place within the Dow Jones Sustainability Index (DJSI) Europe within the chemical compounds class, because it was final 12 months, and improved to second place within the DJSI World. Lanxess is, thus, included within the DJSI Europe for the fourth consecutive 12 months and within the DJSI World for the tenth consecutive 12 months.

The corporate achieved notably good leads to the areas local weather technique, human rights, in addition to administration of water-related dangers, in accordance with a media assertion.

For the Dow Jones Sustainability Indices financially related environmental, social and governance (ESG) elements are evaluated every year. Solely the very best 10 per cent of the worldwide corporations analysed in every sector are included within the DJSI World, whereas the very best 20 p.c of corporations headquartered in Europe are included within the DJSI Europe. As well as, the ranking businesses ISS and MSCI, which concentrate on sustainability, have upgraded Lanxess of their famend ESG rankings.

ISS-ESG has upgraded Lanxess this 12 months by two notches from C to B-. The specialty chemical compounds firm additionally obtained ‘prime’ standing for the primary time, putting it among the many high eight p.c of the 170 corporations listed within the chemical compounds sector. ISS-ESG evaluates greater than 100 industry-specific indicators. Lanxess scored notably effectively within the areas of environmental administration, company governance and enterprise ethics in addition to eco-efficiency.

MSCI ESG analysis has additionally upgraded the ranking for Lanxess from BBB to A. The local weather technique, the well-formulated rules of company governance and the strong efforts within the space of chemical security have led to the advance. The MSCI ranking exhibits how resilient an organization is to long-term, financially related ESG dangers.

“Sustainability has lengthy been firmly anchored in our company technique and we’re continuously working to sharpen our ESG profile. We’re subsequently happy that our efforts have been notably recognised this 12 months. Additionally on the capital market, sustainable standards at the moment are on the high of the precedence record,” Matthias Zachert, chairman of the board of administration of Lanxess mentioned.

Fibre2Fashion Information Desk (GK)

Main specialty chemical compounds firm, Lanxess, has bagged the highest place within the Dow Jones Sustainability Index (DJSI) Europe within the chemical compounds class, because it was final 12 months, and improved to second place within the DJSI World. Lanxess is, thus, included within the DJSI Europe for the fourth consecutive 12 months and within the DJSI World for the tenth consecutive 12 months.




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