EQS-News: Lenzing AG: Lenzing tops Canopy’s globally renowned “Hot Button Ranking” 2022
EQS-News: Lenzing AG / Key word(s): Sustainability/Rating
Lenzing AG: Lenzing tops Canopy’s globally renowned “Hot Button Ranking”
2022
17.11.2022 / 09:05 CET/CEST
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• Global ranking standard evaluates the world’s cellulosic fiber
manufacturers: Lenzing again recognized as champion of sustainability
for responsible sourcing, innovation and transparency
• Lenzing achieves the highest category for the third time already
Lenzing – The Lenzing Group, the world’s leading supplier of sustainably
produced specialty fibers, achieved first place in the “Hot Button
Ranking” of the Canadian non-profit organization Canopy, thus confirming
its leading role in the areas of sustainability and responsible wood and
pulp sourcing. Lenzing can also once again celebrate a dark green shirt,
synonymous with the highest category.
In this ranking, which receives a lot of attention in the textile and
apparel industry, Canopy evaluates the world’s 34 largest producers of
cellulosic fibers in terms of their sustainable wood and pulp sourcing,
their efforts with regard to the use of alternative raw materials and
their achievements in the protection of ancient and endangered forests.
Resource preservation is a key element of Lenzing’s corporate strategy and
at the core of its innovation agenda. The sustainable production of
TENCEL™, VEOCEL™ and LENZING™ ECOVERO™ branded specialty fibers is based
on these principles.
“We are very pleased that the steps we are taking as the Lenzing Group to
continuously improve and find solutions to the most pressing problems of
our time are being seen and honored,” said Robert van de Kerkhof, Chief
Commercial Officer Fiber of the Lenzing Group. “We are working hard to
make our industries even more sustainable and to drive the transformation
of the textile business model from linear to circular. Further efforts
from the entire industry are needed for this transformation to take
place,” van de Kerkhof said.
Efficient use of resources
Wood and the pulp derived from it are the most important raw materials for
the sustainable production of cellulosic fibers from Lenzing. The Lenzing
Group assumes responsibility by striving for sustainable procurement based
on environmental certificates and responsible and efficient use of these
valuable resources. Lenzing sources wood and dissolving pulp from
sustainably managed forests and plantations and not from ancient,
protected or endangered forests.
Promoting the circular economy
With its REFIBRA™ and Eco Cycle technologies, Lenzing offers solutions for
transforming the textile and nonwovens industries towards a circular
economy. In line with its vision for the circular economy, “We give waste
a new life. Every day.” Lenzing is driving the industry toward a full
circular economy by striving to give waste a new life in all aspects of
its core business and developing circular solutions together with
potential partners inside and outside the current value chain. A milestone
on this path is the cooperation with the Swedish pulp producer Södra. The
two global market leaders, who have been proactively promoting the
circular economy in the fashion industry for many years, are joining
forces to give the topic a further boost and make a decisive contribution
to solving the global textile waste problem by making fibers from
post-consumer textiles.
Today, Lenzing offers lyocell fibers made from 30 percent recycled cotton
waste. The company aims to launch lyocell, modal and viscose staple fibers
with up to 50 percent recycled post-consumer content on a commercial scale
by 2025 and to develop a new circular business model by closing the loops
for post-consumer waste. By 2025, the company plans to enter into further
partnerships with 25 key supply chain companies, which again exemplifies
Lenzing’s ambitious path in climate protection and the circular economy.
Photo download:
[1] https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=aLKSx4Xu23ch
PIN: aLKSx4Xu23ch
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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17.11.2022 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: 1489953
End of News EQS News Service
1489953 17.11.2022 CET/CEST
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