Lenzing recognised as sustainability champion by CDP

Lynn Imbier

The Lenzing Group has been recognised by the world environmental non-financial gain CDP, securing a put on its prestigious ‘A List’ for tackling local climate adjust, as effectively as acting to shield forests. By means of considerable demonstrable action in these parts, Lenzing is top on company environmental ambition, action […]

The Lenzing Group has been recognised by the world environmental non-financial gain CDP, securing a put on its prestigious ‘A List’ for tackling local climate adjust, as effectively as acting to shield forests. By means of considerable demonstrable action in these parts, Lenzing is top on company environmental ambition, action and transparency all over the world.

 

CDP’s once-a-year environmental disclosure and scoring process is widely recognised as the gold regular of company environmental transparency. This yr, additional than 5,800 firms were scored primarily based on knowledge submitted by way of CDP’s questionnaires.

 

“We are significantly happy to be the only 1st-time discloser who has achieved an ‘A’ score for tackling local climate adjust and acting to shield forests. The double ‘A’ score reconfirms our long-expression sustainability approach and is an exciting acknowledgement of our attempts on transparency as effectively as sustainable uncooked product sourcing,” Stefan Doboczky, CEO of the Lenzing Group, claimed in a push release. “This recognition will enhance our visibility among the a wide team of vital stakeholders.”

 

Lenzing grew to become the world’s 1st producer of wood-primarily based cellulosic fibres creating a strategic determination to slash its CO2 emissions for each ton of products by fifty for each cent by 2030. This concentrate on has been scientifically verified and authorized by the Science Dependent Targets initiative. Also, Lenzing aims for Internet-Zero emissions by the yr 2050.

 

Critical milestones this yr in Lenzing’s journey to carbon neutrality were the introduction of the 1st Tencel branded CarbonNeutral fibres, a blockchain-enabled traceability system as effectively as the execution of CO2 lessening vitality answers at its manufacturing internet sites in Lenzing (AT) and Nanjing (PRC). These milestones are an integral element of Lenzing’s sustainability approach because they help to battle local climate adjust and cause a new stage of transparency alongside the complete value chain. In addition to that, pioneering systems like Refibra and “Eco Cycle” lead to a round economic climate by combining the environmentally responsible lyocell fibre manufacturing with the upcycling of cotton waste supplies.

 

Up coming to its afforestation challenge in Albania, Lenzing has been recognised for a many years-long thoroughly clean record of sustainable wood sourcing, with additional than ninety nine for each cent of its wood and pulp sources getting either licensed by FSC1 or PEFC2, or controlled in line with these specifications.

 

“We lengthen our congratulations to all the firms on this year’s ‘A List’. Taking the lead on environmental transparency and action is 1 of the most vital techniques organizations can make, and is even additional spectacular in this demanding yr marked by Covid-19. The scale of the chance to organizations from local climate adjust, deforestation and drinking water insecurity is huge, and we know the chances of action considerably outweigh the hazards of inaction. Management from the non-public sector will produce an ‘ambition loop’ for increased federal government action and make sure that world ambitions for a web zero sustainable economic climate come to be a actuality. Our ‘A List’ celebrates individuals firms who are getting ready themselves to excel in the economic climate of the upcoming by taking action right now,” Paul Simpson, CEO of CDP, claimed.

 

A thorough and impartial methodology is employed by CDP to evaluate these firms, allocating a score of A to D- primarily based on the comprehensiveness of disclosure, consciousness and management of environmental hazards and demonstration of best techniques linked with environmental management, these types of as setting ambitious and meaningful targets. Individuals that really don’t disclose or delivered insufficient information are marked with an F.

 

CDP’s scoring for forests is performed by way of the lens of the four commodities that bring about most deforestation: timber items, cattle items, soy and palm oil. Organizations require to score an A on at minimum 1 of these forestrisk commodities to make a put on the Forests ‘A List’.

Fibre2Fashion Information Desk (JL)

The Lenzing Group has been recognised by the world environmental non-financial gain CDP, securing a put on its prestigious ‘A List’ for tackling local climate adjust, as effectively as acting to shield forests. By means of considerable demonstrable action in these parts, Lenzing is top on company environmental ambition, action and transparency all over the world.

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