By 2030, Lenzing plans to cut down on CO2 emissions by 50 per cent. Now a further milestone has been reached. Lenzing’s targets have been scientifically validated. Targets adopted by companies to reduce greenhouse gas emissions are considered science-based if they are in line with the level of decarbonization required to keep global temperature increase below two degrees Celsius as compared to pre-industrial temperatures. Lenzing is the first wood-based fiber producer, which has set a science-based target. Currently, 713 leading companies worldwide and nine companies in Austria have committed to science-based targets. Only 305 of them have approved science-based targets.
Lenzing looks beyond fiber and wood and strives to develop and implement better and greener ways of production throughout the whole supply chain. Lenzing is a 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. Lenzing has been awarded 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 one per cent of companies in its industry based on assessed CSR indicators in the areas of environment, labor practices, ethics, and sustainable procurement.