Specialty chemicals company Lanxess will be included in the Dow Jones Sustainability World Index (DJSI) for the sixth time. The sustainability index is determined annually on the basis of financially relevant environmental, social and governance factors, according to the company.
The index reportedly follows the “best-in-class” principle: the DJSI World only lists the top 10% of companies assessed in each sector. This year, special recognition was given to Lanxess’ performance in the management of innovation processes and its climate strategy. Lanxess aims to reduce greenhouse gas emissions by 25% by 2025.
The DJSI is compiled through collaboration between S&P Dow Jones Indices, one of the world’s biggest providers of financial market indices, and RobecoSAM, an asset manager specializing in sustainability investments. This year, more than 3,400 of the world’s biggest companies in industrial countries and emerging markets were invited to take part in the assessment, according to Lanxess.
For more information, visit: www.lanxess.com
