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Identifying the main effects of our actions and incorporating our stakeholders’ concerns into our strategy forms the basis of our sustainability management. Our materiality analysis in line with the requirements of the Global Reporting Initiative (GRI) is a key tool for systematically prioritizing the wide range of action areas and using resources as effectively as possible. The results also influence the structure of our external reporting on the topic of corporate responsibility.
|Process of materiality|
We performed our last materiality analysis in fiscal year 2017. This was based on the four principles of sustainability context, materiality, completeness, and inclusion of stakeholders. As a result, we defined seven material sustainability topics that were confirmed by the Board of Management and the Corporate Responsibility Committee and also formed the relevant management framework. The topic of good corporate governance forms the basis for all of our business activities. The materiality analysis is based on four principles: sustainability context, materiality, completeness and stakeholder inclusiveness.