Annual and Sustainability Report
2023
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Annual Report 2022
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Sustainability Report 2022
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Annual Report 2021
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Sustainability Report 2021
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Annual and Sustainability Report
2023
Change to
Annual Report 2022
Change to
Sustainability Report 2022
Change to
Annual Report 2021
Change to
Sustainability Report 2021
Report archive
Company
Company
Highlights 2023
Ready to join?
Ready to join?
RETHINK
REDESIGN
REBUILD
Overview of the Lenzing Group
Selected indicators
Letter from the Chief Executive Officer
Report of the Supervisory Board
Locations
Strategy
Sustainability
Brand world
Product portfolio
Lenzing fiber applications
Letter from the
Chief Executive Officer
read more
Downloads
Key figures comparison
Glossary
Topics filter
Management report
Management report
General market environment
Development of Business in the Group
Business development divisions
Business development divisions
Fiber Division
Pulp Division
Divisional supplies of energy and other raw materials
Others
The Lenzing share
Research and development
Investments
Risk report
Internal control system
Shareholder structure and capital
Outlook
Appendix
Downloads
Key figures comparison
Glossary
Topics filter
Sustainability
Sustainability
General information
General information
Sustainability key performance indicators
Highlights of the year
About the sustainability statement
Governance structure
Value creation
Sustainability strategy
Sustainability targets, measures and progress
Partnering for systemic change
Double materiality analysis
Environmental information
Environmental information
EU-Taxonomy Regulation
Climate change
Climate change
Management approach
Governance
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Climate change
Pollution
Pollution
Management approach
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Pollution
Water and marine resources
Water and marine resources
Management approach
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Water and marine resources
Biodiversity and ecosystems
Biodiversity and ecosystems
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Metrics and targets
Biodiversity targets
Biodiversity and ecosystem enhancement
Stakeholder engagement: Biodiversity and ecosystems
Resource use and circular economy
Resource use and circular economy
Management approach
Impact, risk and opportunity management
Impact, risk and opportunity management
Policies
Circular economy practices
Metrics and targets
Stakeholder engagement: Resource use and circular economy
Raw material security
Raw material security
Management approach
Sustainable sourcing of wood and dissolving wood pulp
Transport and logistics
Procurement management
Stakeholder engagement: Raw material security
Sustainable innovations
Sustainable innovations
Management approach
Sustainability drives innovation
Net-benefit concept
Process innovations drive efficiency and sustainability
Alternative sources of raw materials for fiber production
Stakeholder engagement: Sustainable innovations
Social information
Social information
Own workforce
Own workforce
Management approach
Strategy
Impacts, risks and opportunities management
Impacts, risks and opportunities management
Policies
Communication
Lenzing's actions
Metrics and targets
Metrics and targets
Employees in numbers
Diversity metrics
Learning and development
Health and safety
Work-life balance and compensation
Human rights impacts
Stakeholder engagement: Own workforce
Workers in the value chain
Workers in the value chain
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Workers in the value chain
Affected communities
Affected communities
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Affected communities
Consumers and end-users
Consumers and end-users
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Consumers and end-users
Governance information
Governance information
Business conduct
Business conduct
Management approach
Governance
Impact, risk and opportunity management
Impact, risk and opportunity management
Compliance Management System
Policies
Directives
Sourcing
Actions
Metrics and targets
Stakeholder engagement: Business conduct
Digitalization and cyber security
Digitalization and cyber security
Management approach
Information Security Policy
Digitalization
Cyber security
Stakeholder engagement: Digitalization and cyber security
Annex
Annex
Supplementary information pursuant to §243b UGB
Additional information on chapters
NaDiVeG compliance table
GRI content index
TCFD index
Downloads
Key figures comparison
Glossary
Topics filter
Governance
Governance
Declaration of commitment
Corporate bodies of Lenzing AG
Corporate bodies of Lenzing AG
Managing Board
Supervisory Board
Supervisory Board
Independence
Working procedures
Cooperation
Self-evaluation
Advancement of women
Diversity concept
External evaluation
Risk management and corporate audit
Director's dealings
Compliance
Downloads
Key figures comparison
Glossary
Topics filter
Financials
Financials
Consolidated income statement
Consolidated statement of comprehensive income
Consolidated statement of financial position
Consolidated statement of changes in equity
Consolidated statement of cash flows
Notes
Notes
General Information
General Information
1.
Basic information
2.
Changes in accounting policies
3.
Consolidation
4.
Segment reporting
Notes to the Consolidated Financial Statements
Notes to the Consolidated Financial Statements
5.
Revenue
6.
Functional costs
7.
Other operating income
8.
Cost of material and other purchased services
9.
Personnel expenses
10.
Amortization of intangible assets, depreciation of property, plant and equipment and right-of-use assets
11.
Auditors’ fees
12.
Income from investments accounted for using the equity method
13.
Income from non-current and current financial assets and liabilities
14.
Financing costs
15.
Income tax expense
16.
Earnings per share
Notes to the Consolidated Statement of Financial Position, the Consolidated Statement of Comprehensive Income and the Consolidated Statement of Changes in Equity
Notes to the Consolidated Statement of Financial Position, the Consolidated Statement of Comprehensive Income and the Consolidated Statement of Changes in Equity
17.
Intangible assets
18.
Property, plant and equipment
19.
Biological assets
20.
Right-of-use assets
21.
Investments accounted for using the equity method
22.
Financial assets
23.
Inventories
24.
Trade receivables
25.
Other assets
26.
Equity
27.
Government grants
28.
Financial liabilities
29.
Deferred taxes (deferred tax assets and liabilities) and current taxes
30.
Provisions
31.
Trade payables
32.
Other liabilities
Notes to the Consolidated Statement of Cash Flows
Notes to the Consolidated Statement of Cash Flows
33.
Disclosures on the Consolidated Statement of Cash Flows
Notes on Risk Management
Notes on Risk Management
34.
Capital risk management
35.
Disclosures on financial instruments
36.
Net interest and net result from financial instruments and net foreign currency result
37.
Financial risk management
Disclosures on Related Parties and Executive Bodies
Disclosures on Related Parties and Executive Bodies
38.
Related party disclosures
39.
Executive Bodies
Other Disclosures
Other Disclosures
40.
Financial guarantee contracts, contingent assets and liabilities, other financial obligations and legal risks
41.
Group companies
42.
Significant events after the end of the reporting period
43.
Authorization of the consolidated financial statements
Downloads
Key figures comparison
Glossary
Topics filter
Further information
Further information
Auditor’s report
Declaration of the Managing Board
Five-year overview
Financial calendar 2024
Glossary
Downloads
Key figures comparison
Glossary
Topics filter
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Company
Company
Highlights 2023
Ready to join?
Ready to join?
RETHINK
REDESIGN
REBUILD
Overview of the Lenzing Group
Selected indicators
Letter from the Chief Executive Officer
Report of the Supervisory Board
Locations
Strategy
Sustainability
Brand world
Product portfolio
Lenzing fiber applications
Management report
Management report
General market environment
Development of Business in the Group
Business development divisions
Business development divisions
Fiber Division
Pulp Division
Divisional supplies of energy and other raw materials
Others
The Lenzing share
Research and development
Investments
Risk report
Internal control system
Shareholder structure and capital
Outlook
Appendix
Sustainability
Sustainability
General information
General information
Sustainability key performance indicators
Highlights of the year
About the sustainability statement
Governance structure
Value creation
Sustainability strategy
Sustainability targets, measures and progress
Partnering for systemic change
Double materiality analysis
Environmental information
Environmental information
EU-Taxonomy Regulation
Climate change
Climate change
Management approach
Governance
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Climate change
Pollution
Pollution
Management approach
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Pollution
Water and marine resources
Water and marine resources
Management approach
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Water and marine resources
Biodiversity and ecosystems
Biodiversity and ecosystems
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Metrics and targets
Biodiversity targets
Biodiversity and ecosystem enhancement
Stakeholder engagement: Biodiversity and ecosystems
Resource use and circular economy
Resource use and circular economy
Management approach
Impact, risk and opportunity management
Impact, risk and opportunity management
Policies
Circular economy practices
Metrics and targets
Stakeholder engagement: Resource use and circular economy
Raw material security
Raw material security
Management approach
Sustainable sourcing of wood and dissolving wood pulp
Transport and logistics
Procurement management
Stakeholder engagement: Raw material security
Sustainable innovations
Sustainable innovations
Management approach
Sustainability drives innovation
Net-benefit concept
Process innovations drive efficiency and sustainability
Alternative sources of raw materials for fiber production
Stakeholder engagement: Sustainable innovations
Social information
Social information
Own workforce
Own workforce
Management approach
Strategy
Impacts, risks and opportunities management
Impacts, risks and opportunities management
Policies
Communication
Lenzing's actions
Metrics and targets
Metrics and targets
Employees in numbers
Diversity metrics
Learning and development
Health and safety
Work-life balance and compensation
Human rights impacts
Stakeholder engagement: Own workforce
Workers in the value chain
Workers in the value chain
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Workers in the value chain
Affected communities
Affected communities
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Affected communities
Consumers and end-users
Consumers and end-users
Management approach
Strategy
Impact, risk and opportunity management
Metrics and targets
Stakeholder engagement: Consumers and end-users
Governance information
Governance information
Business conduct
Business conduct
Management approach
Governance
Impact, risk and opportunity management
Impact, risk and opportunity management
Compliance Management System
Policies
Directives
Sourcing
Actions
Metrics and targets
Stakeholder engagement: Business conduct
Digitalization and cyber security
Digitalization and cyber security
Management approach
Information Security Policy
Digitalization
Cyber security
Stakeholder engagement: Digitalization and cyber security
Annex
Annex
Supplementary information pursuant to §243b UGB
Additional information on chapters
NaDiVeG compliance table
GRI content index
TCFD index
Governance
Governance
Declaration of commitment
Corporate bodies of Lenzing AG
Corporate bodies of Lenzing AG
Managing Board
Supervisory Board
Supervisory Board
Independence
Working procedures
Cooperation
Self-evaluation
Advancement of women
Diversity concept
External evaluation
Risk management and corporate audit
Director's dealings
Compliance
Financials
Financials
Consolidated income statement
Consolidated statement of comprehensive income
Consolidated statement of financial position
Consolidated statement of changes in equity
Consolidated statement of cash flows
Notes
Notes
General Information
General Information
1.
Basic information
2.
Changes in accounting policies
3.
Consolidation
4.
Segment reporting
Notes to the Consolidated Financial Statements
Notes to the Consolidated Financial Statements
5.
Revenue
6.
Functional costs
7.
Other operating income
8.
Cost of material and other purchased services
9.
Personnel expenses
10.
Amortization of intangible assets, depreciation of property, plant and equipment and right-of-use assets
11.
Auditors’ fees
12.
Income from investments accounted for using the equity method
13.
Income from non-current and current financial assets and liabilities
14.
Financing costs
15.
Income tax expense
16.
Earnings per share
Notes to the Consolidated Statement of Financial Position, the Consolidated Statement of Comprehensive Income and the Consolidated Statement of Changes in Equity
Notes to the Consolidated Statement of Financial Position, the Consolidated Statement of Comprehensive Income and the Consolidated Statement of Changes in Equity
17.
Intangible assets
18.
Property, plant and equipment
19.
Biological assets
20.
Right-of-use assets
21.
Investments accounted for using the equity method
22.
Financial assets
23.
Inventories
24.
Trade receivables
25.
Other assets
26.
Equity
27.
Government grants
28.
Financial liabilities
29.
Deferred taxes (deferred tax assets and liabilities) and current taxes
30.
Provisions
31.
Trade payables
32.
Other liabilities
Notes to the Consolidated Statement of Cash Flows
Notes to the Consolidated Statement of Cash Flows
33.
Disclosures on the Consolidated Statement of Cash Flows
Notes on Risk Management
Notes on Risk Management
34.
Capital risk management
35.
Disclosures on financial instruments
36.
Net interest and net result from financial instruments and net foreign currency result
37.
Financial risk management
Disclosures on Related Parties and Executive Bodies
Disclosures on Related Parties and Executive Bodies
38.
Related party disclosures
39.
Executive Bodies
Other Disclosures
Other Disclosures
40.
Financial guarantee contracts, contingent assets and liabilities, other financial obligations and legal risks
41.
Group companies
42.
Significant events after the end of the reporting period
43.
Authorization of the consolidated financial statements
Further information
Further information
Auditor’s report
Declaration of the Managing Board
Five-year overview
Financial calendar 2024
Glossary
Downloads
Key figures comparison
Glossary
Topics filter
Home
Financials
Notes
Disclosures on Related Parties and Executive Bodies
Disclosures on Related Parties and Executive Bodies
Index
38
39
Note
38.
Related party disclosures
Note
39.
Executive Bodies
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37. Financial risk management
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38. Related party disclosures
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Company
Overview of the Lenzing Group
read more
Company
Selected indicators
read more
Company
Letter from the Chief Executive Officer
read more
Company
Report of the Supervisory Board
read more
Company
Locations
read more
Company
Strategy
read more
Company
Sustainability
read more
Company
Brand world
read more
Company
Product portfolio
read more
Company
Lenzing fiber applications
read more
Management report
General market environment
read more
Management report
Development of Business in the Group
read more
Management report
Business development divisions
read more
Business development divisions
Fiber Division
read more
Business development divisions
Pulp Division
read more
Business development divisions
Divisional supplies of energy and other raw materials
read more
Business development divisions
Others
read more
Business development divisions
The Lenzing share
read more
Management report
Research and development
read more
Management report
Investments
read more
Management report
Risk report
read more
Management report
Internal control system
read more
Management report
Shareholder structure and capital
read more
Management report
Outlook
read more
Management report
Appendix
read more
General information
Governance structure
read more
General information
Value creation
read more
General information
Sustainability strategy
read more
General information
Sustainability targets, measures and progress
read more
General information
Partnering for systemic change
read more
Environmental information
EU-Taxonomy Regulation
read more
Climate change
Management approach
read more
Climate change
Governance
read more
Climate change
Strategy
read more
Climate change
Impact, risk and opportunity management
read more
Climate change
Metrics and targets
read more
Pollution
Management approach
read more
Pollution
Impact, risk and opportunity management
read more
Pollution
Metrics and targets
read more
Water and marine resources
Management approach
read more
Water and marine resources
Impact, risk and opportunity management
read more
Water and marine resources
Metrics and targets
read more
Biodiversity and ecosystems
Management approach
read more
Biodiversity and ecosystems
Strategy
read more
Biodiversity and ecosystems
Impact, risk and opportunity management
read more
Metrics and targets
Biodiversity targets
read more
Resource use and circular economy
Management approach
read more
Resource use and circular economy
Impact, risk and opportunity management
read more
Impact, risk and opportunity management
Circular economy practices
read more
Resource use and circular economy
Metrics and targets
read more
Raw material security
Management approach
read more
Raw material security
Sustainable sourcing of wood and dissolving wood pulp
read more
Raw material security
Transport and logistics
read more
Raw material security
Procurement management
read more
Sustainable innovations
Management approach
read more
Sustainable innovations
Sustainability drives innovation
read more
Sustainable innovations
Net-benefit concept
read more
Sustainable innovations
Process innovations drive efficiency and sustainability
read more
Sustainable innovations
Alternative sources of raw materials for fiber production
read more
Own workforce
Management approach
read more
Own workforce
Strategy
read more
Impacts, risks and opportunities management
Policies
read more
Impacts, risks and opportunities management
Communication
read more
Impacts, risks and opportunities management
Lenzing's actions
read more
Own workforce
Metrics and targets
read more
Metrics and targets
Employees in numbers
read more
Metrics and targets
Diversity metrics
read more
Metrics and targets
Learning and development
read more
Metrics and targets
Health and safety
read more
Metrics and targets
Work-life balance and compensation
read more
Metrics and targets
Human rights impacts
read more
Own workforce
Stakeholder engagement: Own workforce
read more
Workers in the value chain
Management approach
read more
Workers in the value chain
Strategy
read more
Workers in the value chain
Impact, risk and opportunity management
read more
Workers in the value chain
Metrics and targets
read more
Affected communities
Management approach
read more
Affected communities
Strategy
read more
Affected communities
Impact, risk and opportunity management
read more
Affected communities
Metrics and targets
read more
Consumers and end-users
Management approach
read more
Consumers and end-users
Strategy
read more
Consumers and end-users
Impact, risk and opportunity management
read more
Consumers and end-users
Metrics and targets
read more
Business conduct
Management approach
read more
Business conduct
Governance
read more
Business conduct
Impact, risk and opportunity management
read more
Impact, risk and opportunity management
Compliance Management System
read more
Impact, risk and opportunity management
Policies
read more
Impact, risk and opportunity management
Directives
read more
Impact, risk and opportunity management
Sourcing
read more
Impact, risk and opportunity management
Actions
read more
Business conduct
Metrics and targets
read more
Digitalization and cyber security
Digitalization
read more
Digitalization and cyber security
Cyber security
read more
Home
Governance
read more
Governance
Declaration of commitment
read more
Governance
Corporate bodies of Lenzing AG
read more
Corporate bodies of Lenzing AG
Managing Board
read more
Corporate bodies of Lenzing AG
Supervisory Board
read more
Supervisory Board
Independence
read more
Supervisory Board
Working procedures
read more
Supervisory Board
Cooperation
read more
Supervisory Board
Self-evaluation
read more
Governance
Advancement of women
read more
Governance
Diversity concept
read more
Governance
External evaluation
read more
Governance
Risk management and corporate audit
read more
Governance
Director's dealings
read more
Governance
Compliance
read more
Financials
Consolidated income statement
read more
Financials
Consolidated statement of comprehensive income
read more
Financials
Consolidated statement of financial position
read more
Financials
Consolidated statement of changes in equity
read more
Financials
Consolidated statement of cash flows
read more
General Information
Segment reporting
read more
Notes to the Consolidated Financial Statements
Earnings per share
read more
Notes to the Consolidated Statement of Financial Position, the Consolidated Statement of Comprehensive Income and the Consolidated Statement of Changes in Equity
Equity
read more
Disclosures on Related Parties and Executive Bodies
Executive Bodies
read more
Further information
Five-year overview
read more