Lenzing AG / Key word(s): Sustainability
05.06.2024 / 09:46 CET/CEST
The issuer is solely responsible for the content of this announcement.
VÖNIX Sustainability Award 2024 of the Vienna Stock Exchange goes to Lenzing AG Winner in the ‘Industrials’ category Lenzing continuously drives forward the transformation towards a bio-based economy Lenzing – The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, once again received the most important Austrian sustainability award for top listed companies, the Vienna Stock Exchange VÖNIX Sustainability Award, yesterday evening. Lenzing takes the first place in the ‘Industrials’ category. The prestigious award honours those companies that stand out on the capital market with their outstanding sustainability performance. According to the VBV (Austrian Sustainability Index), which is the sustainability benchmark of the Austrian stock market, the Lenzing Group achieved the best score in its category. “I am very pleased to accept the VÖNIX Sustainability Award on behalf of the Lenzing Group. This award shows once again that Lenzing is working tirelessly to make the industries in which it operates even more sustainable and to drive forward the transformation of the textile business model from a linear to a circular economy model. For this transformation, further efforts by the entire industry are necessary,” says Christian Skilich, member of the Lenzing Group's Management Board. Other recognised environmental organisations and rating agencies have also already testified to Lenzing's efforts in the area of sustainability and the transformation to a circular economy: For the third year in a row, Lenzing received a place on the annual ‘A list’ in all categories of the global non-profit environmental organisation CDP. This makes Lenzing one of only ten companies worldwide to receive a triple ‘A’ - out of over 21,000 companies assessed. Lenzing was also once again awarded platinum status in the EcoVadis CSR rating. This puts Lenzing in the top one per cent of companies rated by EcoVadis worldwide. MSCI awarded Lenzing an ‘AA’ rating for the third time in a row, placing the company among the top eight per cent of rated companies in its peer group. You can find out more about the sustainability targets, progress and other prestigious awards for the Lenzing Group's sustainable products and services in the Annual and Sustainability Report 2023 at https://reports.lenzing.com/annual-and-sustainability-report/2023/. Photo download: https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=dy9nvZrWmlfQ PIN: dy9nvZrWmlfQ Your contact for
Public Relations:
Dominic Köfner
Vice President Corporate Communications & Public Affairs
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
Phone +43 7672 701 2743
E-mail media@lenzing.com
Web www.lenzing.com
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Investor Relations:
Sébastien Knus
Vice President Capital Markets
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
Telefon +43 664 8281576
E-Mail s.knus@lenzing.com
Web www.lenzing.com
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About the Lenzing Group
The Lenzing Group stands for eco-responsible production of specialty fibers based on cellulose and recycled material. 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 functional, comfortable and fashionable clothing to durable and sustainable home textiles. Due to their special properties and their botanical origin, the TÜV certified biodegradable and compostable Lenzing fibers are also highly suitable for everyday hygiene products.
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 transform the textile industry from the current linear economic system towards a circular economy. In order to reduce the speed of global warming and thus also support the targets of the Paris Agreement and the EU Commission’s “Green Deal”, Lenzing has developed a clear science-based climate action plan that aims to significantly reduce greenhouse gas emissions by 2030 and a net-zero goal (scope 1, 2 and 3) by 2050.
Key Facts & Figures Lenzing Group 2023
Revenue: EUR 2.52 bn
Nominal capacity: 1,110,000 tonnes
Employees (FTE): 7,917
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are trademarks of Lenzing AG. |
05.06.2024 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com
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