EQS-News: Lenzing AG: Lenzing named sustainability champion for the second time
EQS-News: Lenzing AG / Key word(s): Sustainability/Rating
Lenzing AG: Lenzing named sustainability champion for the second time
27.09.2022 / 08:51 CET/CEST
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Lenzing named sustainability champion for the second time
• Lenzing has been awarded the highest CSR rating from EcoVadis for the
second consecutive time
• Global rating standard evaluates 90,000 companies: Lenzing among top 1
percent of its industry
• Lenzing joins the UN Global Compact sustainability initiative
Lenzing – Lenzing Group, a world-leading provider of sustainably produced
specialty fibers, has been awarded platinum status in the CSR rating from
EcoVadis. This comprehensive assessment covers the four key practices of
corporate social responsibility: the environment, fair working conditions
and human rights, ethics and sustainable procurement.
This is the second time that EcoVadis, a leading international provider of
sustainability ratings for businesses, has awarded platinum status to
Lenzing for its sustainability performance. As a result, Lenzing ranks
among the world’s top 1 percent of companies in its sector that are rated
by EcoVadis.
“At Lenzing, we are working hard to make our industries even 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 this highest rating from the internationally renowned
organization,” says Stephan Sielaff, CEO of the Lenzing Group.
In line with its “Naturally positive” sustainability strategy, the Lenzing
Group has set ambitious targets in each of its core strategic areas, aimed
at bolstering its capacity to move from a linear to a circular model.
Lenzing reports the corresponding implementation measures and the progress
it has made in its annual sustainability report. This high level of
accountability and transparency was particularly praised in the assessment
by EcoVadis. The rating provider also highlighted Lenzing’s comprehensive
measures to reduce air pollution, wastewater and greenhouse gases, in
addition to its provision of skills development training and health care
programs for staff members.
Since it was founded in 2007, EcoVadis has become the world’s largest and
most trusted provider of sustainability ratings for businesses and has
created a global network of more than 90,000 rated companies in over 175
countries around the world. The organization also offers information and
tools to enhance transparency in global supply chains. The methodology
applied assess the guidelines, measures and activities of companies, as
well as the reports they publish with regard to the environment, labor and
human rights, ethics and sustainable procurement.
Partnerships for systemic change
Lenzing forges strategic partnerships with various stakeholders to meet
its ambitious climate and sustainability targets and drive forward
systemic change in the textile and nonwoven industries. The world is now
more closely connected than ever. Improved access to technology and
science is a vital instrument for sharing ideas and promoting innovation.
Based on this cooperative approach, Lenzing is also among the 15,000
companies worldwide that have joined the United Nations Global Compact.
The UN Global Compact is the world’s largest and most important initiative
for responsible corporate governance. As a member, Lenzing is committed to
upholding human rights, respecting the rights of employees and their
representatives, protecting the environment, enabling fair competition and
combating corruption. The principles of the UN Global Compact are
incorporated into Lenzing’s strategy and corporate culture. This worldwide
movement of economic, political and civil society stakeholders aims to
create a more social and ecological model of globalization.
Photo download:
[1] https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=48MjblCeUHQn
PIN: 48MjblCeUHQn
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
Phone +43 7672 701 2743 [4]sustainability@lenzing.com
E-mail [2]media@lenzing.com Web [5] www.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 2021
Revenue: EUR 2.19 bn
Nominal capacity: 1,145,000 tonnes
Number of employees (headcount): 7,958
TENCEL™, VEOCEL™, LENZING™, REFIBRA™, ECOVERO™, LENZING MODAL™, LENZING
VISCOSE™, MICROMODAL™ and PROMODAL™ are trademarks of Lenzing AG.
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27.09.2022 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: 1450403
End of News EQS News Service
1450403 27.09.2022 CET/CEST
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