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Lanxess becomes part of WBCSD

04
Feb '20
Pic: LANXESS AG
Pic: LANXESS AG
Lanxess, the speciality chemicals company, has become part of the World Business Council for Sustainable Development (WBCSD), a global, CEO-led network aiming to accelerate the transition to sustainability. WBCSD has six work programmes, such as on climate and energy, and circular economy, towards realisation of the UN’s Sustainable Development Goals (SDGs).

The WBCSD is a global, CEO-led organisation working to accelerate the transition to a sustainable world. At the core of the network are its six work programmes, for example on climate and energy or circular economy, targeting the realisation of the United Nation’s Sustainable Development Goals (SDGs). The WBCSDs approximately 200 member companies represent 19 million employees and $8.5 trillion in sales.

Lanxess CEO Matthias Zachert said: “Sustainability bolsters our business objectives in many different ways – whether by ensuring greater resource efficiency, good relationships with our stakeholders, greater risk awareness or long-time beneficial cost structures. I am delighted to have joined the World Business Council for Sustainable Development where, together with other member companies, we will be able to make a business case for sustainability.”

Peter Bakker, president and CEO of the WBCSD said: “WBCSD is pleased to welcome Lanxess as our newest member. We are dedicated to working towards a transformation of the key systems across society, and Lanxess – as a provider of sustainable solutions for a wide range of areas – will strengthen the collaboration we aim for and help accelerate the transition to a sustainable world.”

In the last few months, Lanxess has focused its business activities on sustainability. The specialty chemicals company announced in November 2019 that it will become climate neutral by 2040. In December, Lanxess linked the interest rate terms of its main revolving credit facility to sustainability criteria.

Fibre2Fashion News Desk (SV)


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