LANXESS worldwide

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Asia

  • Australia 2461

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  • Indonesia 2431

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  • Argentina 649

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Materiality

Systematically prioritizing sustainability

In order to optimize our sustainability strategy and utilize resources in the most effective way possible, it is essential to systematically prioritize the various areas of activity. In this regard, we consider the materiality analysis as defined by the Global Reporting Initiative (GRI) to be an important tool. This analysis is based on four principles: sustainability context, materiality, completeness and stakeholder inclusiveness.

 

In 2015, we commissioned a comprehensive personal survey of our main external stakeholders which was based in both content and method on our 2014 internal survey.

 

The survey participants were unanimous that sustainability is of great strategic importance for a global chemical company. A broad majority regard LANXESS as a company that acts sustainably and rated us highly for fulfilling our corporate responsibility. Of the 31 issues evaluated in six areas, our external stakeholders consider anti-corruption, safety at work and compliance to be the most relevant. They saw room for improving sustainability communications through face-to-face discussions – customers in particular would welcome a more active information policy from LANXESS.

 

The materiality analysis was conducted in four stages which are clearly described - from the conception stage over the internal survey and exploration, the external stakeholder consultation, to the final approval and reporting. All relevant internal and external stakeholder groups - including customers, suppliers, investors, NGOs, media - were consulted. The material issues were identified and prioritized based on the stakeholder assessment and displayed in the materiality matrix.

 

In our annual report, we also show how the clusters and subject areas in our materiality matrix are aligned with our sustainability targets. We annually report on our progress concerning these targets.

 

 

Contact

Sebastian  Röhrig

Sebastian Röhrig
Head of Corporate Responsibility

Phone: +49 221 8885 1099

Fax: +49 221 8885 1769

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