Welcome to LANXESS Annual Report 2012!

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About this Report

Reporting methodology and data collection

The full report made here is aligned to national and international standards for financial and sustainability reporting: the International Financial Reporting Standards (IFRS), the Global Reporting Initiative (GRI) and the principles of the Global Compact. It thus combines financial and sustainability reporting by the LANXESS Group.

The reporting period is 2012. In compiling the data, we applied the principles of balance, comparability, accuracy, timeliness, clarity and reliability. The report covers the Group companies that are included in the consolidated financial statements.

Safety and environmental protection data are collected only at those production sites in which LANXESS has a holding of more than 50 percent. The lost time injury frequency rate (LTIFR), known as MAQ (injuries for every million hours worked) in Germany, applies to all sites in which LANXESS has a holding of more than 50 percent. On account of their recent acquisition by the LANXESS Group, the following sites are not yet included: Little Rock and Gastonia, United States, and Brilon, Germany. In the case of other indicators which do not refer to the LANXESS Group, the areas of scope are explicitly defined in the report.

We use a proprietary electronic system for the systematic global recording of key performance indicators (KPIs) in the areas of safety and environmental protection. With regard to data collection, we have additionally taken the following recommendations into consideration: Greenhouse Gas Protocol (GHG Protocol), International Energy Agency (IEA). We use the global HR productive system to collect HR data worldwide.

GRI

For the first time, we have produced the report in accordance with GRI Guidelines. The GRI Guideline we used is G3.1 issued in March 2011, which includes more than 120 indicators that describe the company, its sustainability information and the report itself. In future, reporting in line with GRI is to be done on an annual basis.

In the GRI Content Index, we list which criteria from the current GRI Guideline are addressed in the LANXESS Annual Report 2012. In addition to the disclosures contained in this report, supplementary information can be found on the LANXESS Group website. Our disclosures have been made in accordance with GRI Application Level B. This has been confirmed by the Global Reporting Initiative in the context of an audit (B+). To ensure the quality of the data, PricewaterhouseCoopers has audited selected indicators with limited assurance. These are identified accordingly in the report.

Service

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