LANXESS listed as Top 500 Enterprises for Corporate Social Responsibility in China

    March 30, 2015, Beijing/Shanghai Specialty chemicals company LANXESS was ranked 130 in 2014 China’s Top 500 Enterprises for Corporate Social Responsibility.

 

    The Top 500 Enterprises for Corporate Social Responsibility in China was released by China Enterprise Evaluation Association (CEEA) and School of Social Sciences, Tsinghua University, for the first time on March 27 in Beijing Diaoyutai State Guesthouse. More than 1,600 enterprises including "Fortune" 500, China’s Top 500 Chinese enterprises, China's Top 500 private enterprises as well as other selected companies were investigated and evaluated while 500 best performing enterprises were short-listed based on China Corporate Social Responsibility Evaluation Standard, which was the first comprehensive CSR evaluation system in China and issued by CEEA and Tsinghua University in June 2014 to provide standards for Chinese enterprises to fulfill their social responsibility and enhance exchanges among companies in this area.

 

   

 

China Enterprise Evaluation Association, founded in 1992 and affiliated with the Development Research Center of the State Council, is the only legal body of commonalty organization in China which has been registered in the Ministry of Civil Affairs. The organization specializes in the national corporate evaluation, research and consultation.



     "We are pleased to receive this honor. As a company committed to sustainable development, LANXESS combines corporate’s growth with social responsibility and strives to create long-term shared value for our partners, the chemical industry, local communities and society as a whole," said Ming Cheng Chien, CEO of LANXESS Greater China. 

    LANXESS incorporates social responsibility into all aspects of the company's operations, from utilizing renewable raw material resources, optimizing production process to minimize the impact on the environment, continuously improving health, safety and environmental performance and developing environmentally friendly products and solutions. In addition, LANXESS actively support education. For its 10 years history, LANXESS provide scholarships for more than 300 students from universities and high schools. LANXESS also donated self-developed experiment kits to elementary schools, covering more than 5,000 students, to help them learn basic chemistry knowledge and develop their interest in exploring chemistry.

 

 




     LANXESS is a leading specialty chemicals company with sales of EUR 8.0 billion in 2014 and about 16,600 employees in 29 countries. The company is currently represented at 52 production sites worldwide.  The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainability indices Dow Jones Sustainability Index (DJSI World and DJSI Europe) and FTSE4Good.

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