LANXESS listed in Dow Jones Sustainability Indices with top rankings

  • Industry News
  • Sep 16,19
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
LANXESS listed in Dow Jones Sustainability Indices with top rankings

Cologne

LANXESS, specialty chemicals company, will be represented in the 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.

Matthias Zachert, Chairman- Board of Management, LANXESS, said, “Long-term economic success is only possible today if we take responsibility for the environment and society at the same time. 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 DJSI is determined once a year based on financially relevant environmental, social and governance factors. Only the best 10 per cent of the global companies analyzed in each sector are included in the DJSI World, while the best 20 per cent 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).

Related Stories

Process Equipment
Vipul Organics announces Q2 results for FY 2024-25

Vipul Organics announces Q2 results for FY 2024-25

Profit Before Tax (PBT) reached Rs 17.64 million, marking a significant rise of 64.72 % from the previous year's Q2.

Read more
Process Equipment
Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai

Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai

This agreement reinforces Lubrizol’s commitment to Make-In-India and broadens a previously committed $350 million investment to support local manufacturing.

Read more
Process Equipment
Trump victory raises optimism in India's chemicals, textiles sectors

Trump victory raises optimism in India's chemicals, textiles sectors

According to Chemexcil, India’s chemical exports to the U.S. reached $2.86 billion in 2023-24, though this marked a 26% decrease from the previous year.

Read more

Related Products

Programmable Controllers - Pcd-33a Series

CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS

Pro-Med Instruments (P) Ltd offers a wide range of programmable controllers - PCD-33A Series.


Read more

Request a Quote

Gasket Graphite Powder

CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS

Arihant Packing & Gasket Company offers a wide range of gasket graphite powder. 


Read more

Request a Quote

Asahi Kasei expands 3D printing filament sales in North America

CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS

Asahi Kasei, a leading resin and compounding technology provider, has initiated the sales of 3D printing (3DP) filaments in North America through Asahi Kasei Plastics North America (APNA). The soft la Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016