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Thursday, 06 June 2024 09:35

Lenzing Group wins top Sustainability Award for industry leadership

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Lenzing Group, a prominent supplier of regenerated cellulose fibers, clinched the prestigious Vienna Stock Exchange Vonix Sustainability Award, securing the top spot in the 'Industrials' category. This accolade, a testament to Lenzing's exceptional sustainability performance on the capital market, underscores its commitment to fostering sustainable practices within the textile and nonwovens sectors.

Christian Skilich, a member of Lenzing's Management Board, expressed gratitude for the recognition, emphasizing Lenzing's unwavering dedication to catalyzing the shift from a linear to a circular economy model in the textile industry.

Renowned environmental organizations and rating agencies have lauded Lenzing's sustainability endeavors. For three consecutive years, Lenzing secured a coveted spot on the 'A list' across all categories by CDP, a global non-profit environmental organization.

Additionally, Lenzing maintained platinum status in the EcoVadis CSR rating, ranking among the top one percent of companies evaluated worldwide. Furthermore, MSCI conferred an 'AA' rating on Lenzing for the third consecutive year, positioning the company within the top eight percent of rated peers.

These accolades underscore Lenzing's steadfast commitment to sustainability and its leading role in driving environmental stewardship within its industry.