20.07.2020,
3629 Zeichen
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
The awarded gold status in the EcoVadis CSR rating is further evidence that
Lenzing is one of the top performers in the field of sustainability worldwide.
Company Information
Lenzing - The Lenzing Group, a global leader of sustainably produced specialty
fibers, has been awarded the gold status in EcoVadis' CSR rating for the third
year in a row. Lenzing is thus one of the leading two percent of all assessed
companies in its industry. The assessment covers the four most important CSR
(Corporate Social Responsibility) practices: environment, fair working
conditions and human rights, ethics and sustainable procurement.
Lenzing achieves top ratings in all areas, making it one of the best performing
companies. "This award makes us very proud and encourages us to continue on our
path to becoming a provider of environmentally friendly specialty fibers. At
Lenzing, we look beyond fibers and take responsibility for our children and
grandchildren by standing up resolutely against the shortcomings of our time.
This attitude is part of our strategic principles and we will continue to work
hard to make a sustainable contribution to the environment and society", says
Stefan Doboczky, CEO of the Lenzing Group.
Lenzing's ambitious climate target represents an important component of the
company's strategy and the responsibility towards future generations. In the
2019 financial year, Lenzing became the world's first producer of wood-based
cellulosic fibers to strategically commit to a climate-neutral production. This
vision is to be put into practice by 2050. By 2030, the company aims to achieve
an interim goal of reducing emissions by 50 percent per ton of product compared
to 2017. The Science Based Targets Initiative, the most recognized organization
in the field of climate-related target setting, has scientifically confirmed the
Lenzing Group's climate targets.
In its rating, EcoVadis also emphasized the longstanding practice of sustainable
procurement in the Lenzing Group. Responsible procurement of raw materials is
another key element in the company's sustainability strategy. Lenzing strictly
adheres to the stringent requirements of its purchasing guidelines and evidently
sets new standards in the field. In 2019, Lenzing was once again rated number
one in the world in the "Hot Button Report" of the Canadian NGO Canopy, another
highly regarded ranking. In this ranking, Canopy grades the world's 32 largest
producers of wood-based fibers with respect to their success in achieving
sustainable wood and pulp sourcing.
EcoVadis is a provider of business sustainability ratings, intelligence and
collaborative performance improvement tools for global supply chains. The
methodology framework assesses companies' policies and actions as well as their
published reporting related to environment, labor & human rights, ethics and
sustainable procurement. More than 65,000 companies within more than 200 sectors
in 160 countries all over the world are using EcoVadis to assess themselves and
their supply chain.
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end of announcement euro adhoc
issuer: Lenzing AG
A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: office@lenzing.com
WWW:
http://www.lenzing.com
ISIN: AT0000644505
indexes: WBI, ATX
stockmarkets: Wien
language: English
Digital press kit:
http://www.ots.at/pressemappe/1597/aom
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Lenzing
Akt. Indikation: 29.45 / 29.90
Uhrzeit: 10:18:29
Veränderung zu letztem SK: 0.25%
Letzter SK: 29.60 ( -2.47%)
Bildnachweis
1.
CFO Thomas Obendrauf, Lenzing-HV 18.6.2020
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