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 2013. 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.
Environmental protection data are gathered only at those production sites in which the company has a holding of more than 50%. On account of their recent acquisition by the LANXESS Group, the following production sites are not yet included: Little Rock, United States; PCTS Singapore, Singapore; Epierre, France; and Lipetsk, Russia. By contrast, 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%. 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.
The report is compiled in accordance with GRI Guidelines. We used the G3.1 Guidelines, issued in March 2011, which include more than 120 indicators that describe the company, its sustainability information and the report itself. GRI reporting is performed annually.
In the GRI Content Index, we list which criteria from the current GRI Guideline are addressed in the LANXESS Annual Report 2013. 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.