Lenzing recognised as sustainability champion by CDP

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The Lenzing Group has been recognised by the worldwide environmental non-profit CDP, securing a spot on its prestigious ‘A Listing’ for tackling local weather change, in addition to appearing to guard forests. By vital demonstrable motion in these areas, Lenzing is main on company environmental ambition, motion and transparency worldwide.

 

CDP’s annual environmental disclosure and scoring course of is broadly recognised because the gold normal of company environmental transparency. This 12 months, greater than 5,800 corporations had been scored based mostly on knowledge submitted by way of CDP’s questionnaires.

 

“We’re significantly proud to be the one first-time discloser who has achieved an ‘A’ rating for tackling local weather change and appearing to guard forests. The double ‘A’ rating reconfirms our long-term sustainability technique and is an thrilling acknowledgement of our efforts on transparency in addition to sustainable uncooked materials sourcing,” Stefan Doboczky, CEO of the Lenzing Group, stated in a press launch. “This recognition will increase our visibility amongst a broad group of vital stakeholders.”

 

Lenzing turned the world’s first producer of wood-based cellulosic fibres making a strategic dedication to chop its CO2 emissions per ton of product by 50 per cent by 2030. This goal has been scientifically verified and authorised by the Science Primarily based Targets initiative. Moreover, Lenzing goals for Internet-Zero emissions by the 12 months 2050.

 

Vital milestones this 12 months in Lenzing’s journey to carbon neutrality had been the introduction of the primary Tencel branded CarbonNeutral fibres, a blockchain-enabled traceability platform in addition to the execution of CO2 decreasing power options at its manufacturing websites in Lenzing (AT) and Nanjing (PRC). These milestones are an integral a part of Lenzing’s sustainability technique since they assist to fight local weather change and set off a brand new degree of transparency alongside all the worth chain. Along with that, pioneering applied sciences like Refibra and “Eco Cycle” contribute to a round economic system by combining the environmentally accountable lyocell fibre manufacturing with the upcycling of cotton waste supplies.

 

Subsequent to its afforestation challenge in Albania, Lenzing has been recognised for a decades-long clear report of sustainable wooden sourcing, with greater than 99 per cent of its wooden and pulp sources being both licensed by FSC1 or PEFC2, or managed consistent with these requirements.

 

“We lengthen our congratulations to all the businesses on this 12 months’s ‘A Listing’. Taking the lead on environmental transparency and motion is without doubt one of the most vital steps companies could make, and is much more spectacular on this difficult 12 months marked by Covid-19. The size of the danger to companies from local weather change, deforestation and water insecurity is gigantic, and we all know the alternatives of motion far outweigh the dangers of inaction. Management from the personal sector will create an ‘ambition loop’ for larger authorities motion and be certain that world ambitions for a internet zero sustainable economic system change into a actuality. Our ‘A Listing’ celebrates these corporations who’re making ready themselves to excel within the economic system of the long run by taking motion right now,” Paul Simpson, CEO of CDP, stated.

 

An in depth and unbiased methodology is utilized by CDP to evaluate these corporations, allocating a rating of A to D- based mostly on the comprehensiveness of disclosure, consciousness and administration of environmental dangers and demonstration of greatest practices related to environmental management, similar to setting formidable and significant targets. People who don’t disclose or offered inadequate info are marked with an F.

 

CDP’s scoring for forests is performed by way of the lens of the 4 commodities that trigger most deforestation: timber merchandise, cattle merchandise, soy and palm oil. Corporations want to attain an A on no less than one in every of these forestrisk commodities to earn a spot on the Forests ‘A Listing’.

Fibre2Fashion Information Desk (JL)

The Lenzing Group has been recognised by the worldwide environmental non-profit CDP, securing a spot on its prestigious ‘A Listing’ for tackling local weather change, in addition to appearing to guard forests. By vital demonstrable motion in these areas, Lenzing is main on company environmental ambition, motion and transparency worldwide.





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