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Sunday, April 28, 2024

CDP names Lenzing as one of the Most Sustainable Companies in the World

PDP names Lenzing one of only 14 companies worldwide recognized with an outstanding triple “A” for environmental leadership in climate change, water security, and forests. CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.

Through significant demonstrable action on climate, water security risks, and deforestation, Lenzing leads corporate environmental ambition, action, and transparency worldwide. The World’s economy looks to CDP as the gold standard of environmental reporting with the wealthiest and most comprehensive corporate and city action dataset. In 2021, over 590 investors with over USD 110 trillion in assets and 200 major purchasers with USD 5.5 trillion in procurement spending requested companies to disclose data on environmental impacts, risks, and opportunities through CDP’s platform. A record-breaking 13,000 companies responded.

Sustainable wood and pulp sourcing and responsible water stewardship are defined as two prominent focus areas in Lenzing Group’s sustainability strategy. The Lenzing Group assumes responsibility by striving for sustainable procurement based on environmental certificates and efficiently using these valuable resources. Lenzing’s biorefinery process ensures that 100% of wood constituents are used: to produce dissolving wood pulp for fiber production, biorefinery products, and bioenergy. In addition, with its recycling technologies REFIBRA™ and Eco-Cycle, Lenzing offers solutions for transforming the textile and nonwovens industries from a linear towards a circular economy. In line with its vision for the circular economy.

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