Polymerupdate Press Release - LANXESS again included in Dow Jones Sustainability Indices with top rankings
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LANXESS again included in Dow Jones Sustainability Indices with top rankings

Petrochemical industry | 16 Sep 2019 | Polymerupdate.com
- Fourth rank in Dow Jones Sustainability Index (DJSI) World; second rank in DJSI Europe
- Commitment in the areas of Climate Strategy, Corporate Governance and Human Rights emphasized

Specialty chemicals company LANXESS is to be represented in two Dow Jones Sustainability Indices again this year. Starting from September 23, 2019, LANXESS will be listed in the Dow Jones Sustainability Index (DJSI) World for the ninth time in succession. The company took fourth place in the “Chemicals” category. LANXESS will also be included in the DJSI Europe for the third time in a row – as the second best company in its industry. The specialty chemicals company achieved particularly good results in the areas of Climate Strategy, Corporate Governance and Human Rights.

“Long-term economic success is only possible today if we take responsibility for the environment and society at the same time,” said LANXESS Chairman of the Board of Management Matthias Zachert. “To this end, we have integrated sustainability in all its dimensions into our corporate strategy. We see the renewed inclusion in both indices as confirmation of our course.”

The composition of the Dow Jones Sustainability Indices is determined once a year based on financially relevant environmental, social and governance factors. Only the best 10 percent of the global companies analyzed in each sector are included in the DJSI World, while the best 20 percent of companies headquartered in Europe are included in the DJSI Europe. The indices provide institutional investors with guidance on investments that focus on sustainability (SRI, Socially Responsible Investing).

LANXESS is a leading specialty chemicals company with sales of EUR 7.2 billion in 2018. The company currently has about 15,400 employees in 33 countries and is represented at 60 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
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