EQS-News: Lenzing AG: Lenzing awarded platinum by EcoVadis for the third time in a row

EQS-News: Lenzing AG / Key word(s): Sustainability
Lenzing AG: Lenzing awarded platinum by EcoVadis for the third time in a
row

03.08.2023 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Lenzing awarded platinum by EcoVadis for the third time in a row

 

• Lenzing again named sustainability champion with highest score in
EcoVadis CSR rating
• Global rating standard evaluates more than 100,000 companies: Lenzing
among top 1 percent

 

Lenzing – The Lenzing Group, a world-leading provider of specialty fibers
for the textile and nonwoven industries, has been awarded platinum status
in the EcoVadis CSR rating. The rating comprehensively covers the four
most important practices in the area of corporate social responsibility:
environment, fair working conditions and human rights, as well as ethics
and sustainable procurement.

 

For the third time, Lenzing has been awarded Platinum status for its
sustainability performance by EcoVadis, a leading international provider
of sustainability ratings for companies. This puts Lenzing in the top one
percent of companies worldwide rated by EcoVadis. EcoVadis has become the
world’s largest and most trusted provider of corporate sustainability
ratings since its founding in 2007, creating a global network of more than
100,000 rated companies worldwide. The methodological framework assesses
companies‘ policies, actions and activities, as well as their published
reports, related to the environment, labor and human rights, ethics and
sustainable procurement.

 

“At Lenzing, we are working hard to make our industries more sustainable
and to drive the transformation of the textile business model from a
linear to a circular economy model. This attitude is firmly anchored in
our strategy and corporate values. I am therefore particularly pleased to
receive the highest rating from the internationally renowned organization
and am proud that we as the Lenzing Group have now been awarded Platinum
status for the third time,” says Stephan Sielaff, CEO of the Lenzing
Group.

 

In line with its sustainability strategy “Naturally positive”, the Lenzing
Group has set ambitious targets in each of its core strategic areas to
further strengthen its path from a linear to a circular economy model.
Lenzing reports annually on the corresponding implementation measures and
the progress made in its sustainability report. This level of commitment
and transparency was particularly positively highlighted by EcoVadis in
its assessment. The rating provider also emphasized the Lenzing Group’s
comprehensive measures in the areas of environment, ethics, and labor and
human rights. You can learn more about Lenzing’s sustainability goals,
progress as well as other renowned rankings in the online Sustainability
Report 2022 at [1] https://reports.lenzing.com/sustainability-report/2022/.

 

 

Photo download:

[2] https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=8imrkIoja1Is
PIN: 8imrkIoja1Is

 

 

Your contact for  
Public Relations: Corporate Sustainability:
   
Dominic Köfner Krishna Manda
Vice President Corporate Vice President Corporate Sustainability
Communications & Public Affairs Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing, Austria
Werkstraße 2, 4860 Lenzing,  
Austria Phone    +43 7672 701 3417
  E-mail     [4]sustainability@lenzing.com 
Phone   +43 7672 701 2743 Web        [5] www.lenzing.com
E-mail    media@lenzing.com  
Web       [3] www.lenzing.com

 

About the Lenzing Group
 
The Lenzing Group stands for ecologically responsible production of
specialty fibers made from the renewable raw material wood. As an
innovation leader, Lenzing is a partner of global textile and nonwoven
manufacturers and drives many new technological developments.
 
The Lenzing Group’s high-quality fibers form the basis for a variety of
textile applications ranging from elegant clothing to versatile denims and
high-performance sports clothing. Due to their consistent high quality,
their biodegradability and compostability Lenzing fibers are also highly
suitable for hygiene products and agricultural applications.
 
The business model of the Lenzing Group goes far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, creating added
value for consumers. The Lenzing Group strives for the efficient
utilization and processing of all raw materials and offers solutions to
help redirect the textile sector towards a closed-loop economy. In order
to reduce the speed of global warming and to accomplish the targets of the
Paris Climate Agreement and the “Green Deal” of the EU Commission, Lenzing
has a clear vision: namely to make a zero-carbon future come true.
 
Key Facts & Figures Lenzing Group 2022
Revenue: EUR 2.57 bn
Nominal capacity: 1,145,000 tonnes
Number of employees (headcount): 8,301
 
TENCEL™, VEOCEL™, LENZING™, REFIBRA™, ECOVERO™, LENZING MODAL™, LENZING
VISCOSE™, MICROMODAL™ and PROMODAL™ are trademarks of Lenzing AG.

 

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03.08.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1694817

 
End of News EQS News Service

1694817  03.08.2023 CET/CEST

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