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As part of our Group strategy, sustainability is regularly thesubject of decision-making processes in the Board of Management. We have established various committees below Board of Management and Supervisory Board level to ensure compliance with and the ongoing optimization of our strategy as well as our rules and standards.
The global compliance organization is the central point of contact for all employees on compliance-related issues. It also works with the organizational units to develop measures intended to counter illegal or unethical conduct by LANXESS employees at an early stage and to prevent improprieties.
The Corporate Risk Committee examines and monitors the Group’s risk profile as well as regularly analyzes the key opportunities, risks and corresponding preventive measures relating to sustainability.
The members of this committee represent all LANXESS business units and ensure that all LANXESS’s CR activities within the Group are in line with our strategy. As an interdisciplinary competence center, the committee advises both the Board of Management and the business units on all matters relating to sustainability. It is also responsible for collecting and maintaining reliable data that comply with current market standards for use in our external CR communications.
As one of the leading senior committee of LANXESS the HSEQ Committee ensures worldwide compliance with uniformly high quality management, safety, environmental, energy and climate protection standards. It has responsibility for initiating and monitoring the global implementation of all necessary HSEQ guidelines, strategies and programs as well as for defining our HSEQ objectives and monitoring their achievement. It also defines the global strategy for our integrated quality and environmental management system and our energy management system.
|Responsibilities at Board Level|