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Lenzing as top sustainable company in industry is first wood-based fiber producer with approved science-based targets

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05.12.2019


Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Company Information
Highlights -
Carbon reduction target confirmed by Science Based Targets initiative\nReduction of specific CO2 emissions by 50 percent until 2030\nVision 2050: Net-zero CO2 emissions by 2050\nLenzing awarded CSR-Gold status by EcoVadis\nLenzing - The Lenzing Group, a recognized leader in climate action, member of the CEO Climate Leaders Group of the World Economic Forum and a signatory to the United Nations Fashion Industry Charter for Climate Action, recently announced that it will drastically reduce its CO2 footprint. A first milestone is set for 2030, when Lenzing plans to cut down on CO2 emissions per ton of product by 50 percent compared to a 2017 baseline. For 2050 Lenzing has announced a vision towards net-zero CO2 emissions.
Zwtl.: Scientific validation of Lenzing's targets
Now a further milestone has been reached: The Science Based Targets initiative, the most recognized organization in the field of climate-relevant target setting, has scientifically validated Lenzing's climate target. Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered "science-based" if they are in line with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures. Lenzing is the first wood-based fiber producer, which has set a science-based target.
"As an industry leader this is our responsibility towards future generations. It is part of our strategy to drive systemic change and to lead the industry with credibility", says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. "Using renewable raw material wood from sustainable forests and plantations that sequester carbon is a good thing. But we have to go further than that. At Lenzing, we look beyond fiber and wood and strive to develop and implement better and greener ways of production throughout the whole supply chain and also advocate this bold approach to our industry."
Currently, 713 leading companies worldwide and 9 companies in Austria have committed to science-based targets. Only 305 of them have approved science-based targets.
Zwtl.: EcoVadis awards Lenzing with CSR-Gold status
Another key in 2019 has been Lenzing's award of the Gold CSR (Corporate Social Responsibility) status by EcoVadis, a leading international provider of business sustainability ratings. The EcoVadis Supplier Sustainability Rating ranks Lenzing among the top 1% of companies in its industry based on assessed CSR indicators in the areas environment, labour practices, ethics, and sustainable procurement.
EcoVadis is a provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Since 2007, EcoVadis has been compiling sustainability scorecards for nearly 55,000 companies in 198 industries and 155 countries.
Photo download: https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=5yqFVHBFsXKD [https:// mediadb.lenzing.com/pinaccess/showpin.do?pinCode=5yqFVHBFsXKD] PIN: 5yqFVHBFsXKD
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: ATX, WBI stockmarkets: Wien language: English
Digital press kit: http://www.ots.at/pressemappe/1597/aom


Lenzing
Akt. Indikation:  45.00 / 46.05
Uhrzeit:  12:37:17
Veränderung zu letztem SK:  3.23%
Letzter SK:  44.10 ( -1.56%)



 

Bildnachweis

1. Lenzing Geschäftsbericht 2018 - https://boerse-social.com/financebooks/show/lenzing_geschaftsbericht_2018   >> Öffnen auf photaq.com

Aktien auf dem Radar:Marinomed Biotech, Mayr-Melnhof, Addiko Bank, Kapsch TrafficCom, Zumtobel, Porr, Andritz, Semperit, RBI, Wienerberger, Athos Immobilien, BKS Bank Stamm, Erste Group, EVN, OMV, SBO, UBM, voestalpine, AT&S.


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    Lenzing as top sustainable company in industry is first wood-based fiber producer with approved science-based targets


    05.12.2019
    Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
    Company Information
    Highlights -
    Carbon reduction target confirmed by Science Based Targets initiative\nReduction of specific CO2 emissions by 50 percent until 2030\nVision 2050: Net-zero CO2 emissions by 2050\nLenzing awarded CSR-Gold status by EcoVadis\nLenzing - The Lenzing Group, a recognized leader in climate action, member of the CEO Climate Leaders Group of the World Economic Forum and a signatory to the United Nations Fashion Industry Charter for Climate Action, recently announced that it will drastically reduce its CO2 footprint. A first milestone is set for 2030, when Lenzing plans to cut down on CO2 emissions per ton of product by 50 percent compared to a 2017 baseline. For 2050 Lenzing has announced a vision towards net-zero CO2 emissions.
    Zwtl.: Scientific validation of Lenzing's targets
    Now a further milestone has been reached: The Science Based Targets initiative, the most recognized organization in the field of climate-relevant target setting, has scientifically validated Lenzing's climate target. Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered "science-based" if they are in line with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures. Lenzing is the first wood-based fiber producer, which has set a science-based target.
    "As an industry leader this is our responsibility towards future generations. It is part of our strategy to drive systemic change and to lead the industry with credibility", says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. "Using renewable raw material wood from sustainable forests and plantations that sequester carbon is a good thing. But we have to go further than that. At Lenzing, we look beyond fiber and wood and strive to develop and implement better and greener ways of production throughout the whole supply chain and also advocate this bold approach to our industry."
    Currently, 713 leading companies worldwide and 9 companies in Austria have committed to science-based targets. Only 305 of them have approved science-based targets.
    Zwtl.: EcoVadis awards Lenzing with CSR-Gold status
    Another key in 2019 has been Lenzing's award of the Gold CSR (Corporate Social Responsibility) status by EcoVadis, a leading international provider of business sustainability ratings. The EcoVadis Supplier Sustainability Rating ranks Lenzing among the top 1% of companies in its industry based on assessed CSR indicators in the areas environment, labour practices, ethics, and sustainable procurement.
    EcoVadis is a provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Since 2007, EcoVadis has been compiling sustainability scorecards for nearly 55,000 companies in 198 industries and 155 countries.
    Photo download: https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=5yqFVHBFsXKD [https:// mediadb.lenzing.com/pinaccess/showpin.do?pinCode=5yqFVHBFsXKD] PIN: 5yqFVHBFsXKD
    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: ATX, WBI stockmarkets: Wien language: English
    Digital press kit: http://www.ots.at/pressemappe/1597/aom


    Lenzing
    Akt. Indikation:  45.00 / 46.05
    Uhrzeit:  12:37:17
    Veränderung zu letztem SK:  3.23%
    Letzter SK:  44.10 ( -1.56%)



     

    Bildnachweis

    1. Lenzing Geschäftsbericht 2018 - https://boerse-social.com/financebooks/show/lenzing_geschaftsbericht_2018   >> Öffnen auf photaq.com

    Aktien auf dem Radar:Marinomed Biotech, Mayr-Melnhof, Addiko Bank, Kapsch TrafficCom, Zumtobel, Porr, Andritz, Semperit, RBI, Wienerberger, Athos Immobilien, BKS Bank Stamm, Erste Group, EVN, OMV, SBO, UBM, voestalpine, AT&S.


    Random Partner

    VBV
    Die VBV-Gruppe ist führend bei betrieblichen Vorsorgelösungen in Österreich. Sowohl im Bereich der Firmenpensionen als auch bei der Abfertigung NEU ist die VBV Marktführer. Neben der VBV-Pensionskasse und der VBV-Vorsorgekasse gehören auch Dienstleistungsunternehmen wie die VBV-Pensionsservice-Center, die VBV-Consult, die VBV-Asset Service und die Betriebliche Altersvorsorge-SoftWare Engineering zur VBV-Gruppe.

    >> Besuchen Sie 55 weitere Partner auf boerse-social.com/partner


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    Useletter

    Die Useletter "Morning Xpresso" und "Evening Xtrakt" heben sich deutlich von den gängigen Newslettern ab. Beispiele ansehen bzw. kostenfrei anmelden. Wichtige Börse-Infos garantiert.

    Newsletter abonnieren

    Runplugged

    Infos über neue Financial Literacy Audio Files für die Runplugged App
    (kostenfrei downloaden über http://runplugged.com/spreadit)

    per Newsletter erhalten


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    Meistgelesen
    >> mehr





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    >> mehr

    Börse Social Club Board
    >> mehr
      BSN MA-Event AT&S
      BSN Vola-Event Lufthansa
      BSN MA-Event AT&S
      BSN Vola-Event Lufthansa
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