Lenzing Group, a world-leading provider of sustainably produced specialty fibers, has been awarded platinum status in the CSR rating from EcoVadis. As a result, Lenzing ranks among the world’s top 1% of companies in its sector that are rated by EcoVadis.This comprehensive assessment covers the four key corporate social responsibility practices: the environment, fair working conditions and human rights, ethics, and sustainable procurement.
This is the second time EcoVadis, a leading international provider of sustainability ratings for businesses, has awarded platinum status to Lenzing for its sustainability performance. In line with its “Naturally positive” sustainability strategy, the Lenzing Group has set ambitious targets in each of its core strategic areas to bolster its capacity to move from a linear to a circular model. Lenzing reports the corresponding implementation measures and the progress it has made in its annual sustainability report. This high level of accountability and transparency was particularly praised in the assessment by EcoVadis. The rating provider also highlighted Lenzing’s comprehensive measures to reduce air pollution, wastewater, and greenhouse gases and its provision of skills development training and health care programs for staff members.
In recent years Lenzing has developed numerous innovative process technologies that significantly contribute to the conservation of resources and thus to the protection of the company’s environment. According to Lenzing’s circular economy vision, “We give waste a new life. Every day”, Lenzing drives the industry towards a fully-fledged circular economy by striving to give waste a new life in all aspects of its core business and by co-developing circular solutions with potential partners in and outside the current value chain to close loops wherever possible.
Getting the platinum ranking a second time is an achievement that highlights the company’s sustainable approach and transparency. Such efforts are acknowledged worldwide, and there is much for the world to learn from Lenzing.
