Welcome to LANXESS Annual Report 2012!

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Second stakeholder survey yields positive results

Following our first stakeholder survey in 2010, a second survey was carried out in the reporting year. Around 80 key stakeholders in Germany and other European countries told us in writing or in telephone interviews how they perceive LANXESS’s sustainability activities and which issues they consider to be particularly important. The most heavily represented stakeholder groups were employees, customers, representatives of politics and capital market participants. However, we also included representatives of NGOs and our suppliers in the survey.

Compared to the first survey, the perception of LANXESS has once again improved. In terms of our general CR strategy and activities, our stakeholders feel that we are well-positioned compared to the relevant competitors. In particular, our performance in developing innovative products for green mobility and communicating our sustainable activities was rated very highly. However, our stakeholders were also unanimous in the opinion that we could improve the transparency of sustainability in our supply chain. The most concrete suggestions for improvement related to working conditions and environmental protection, spread over a number of individual aspects.

Based on the results and suggestions from the survey, we will focus our future activities more on those areas our stakeholders consider to be particularly relevant. As a next step, we will also develop a materiality matrix. In compiling the content of this annual report, we also considered the information needs of our stakeholders, significantly expanding reporting on aspects of our supply chain and on diversity, for example. The next stakeholder survey is planned for 2014.

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