Sustainability in the Lenzing Group
The climate crisis is one of the world’s most urgent challenges and requires global solutions. Its impact can be felt worldwide, and affects people, nature, and business. The EU Commission intends to confront this challenge with a “Green Deal” for Europe. This comprises an ambitious package of measures that aim to make Europe the first climate-neutral continent by 2050. As one of the sustainability pioneers in its sector, the Lenzing Group is making a significant contribution to achieving this goal.
As part of our “Naturally Positive” sustainability strategy, we follow three strategic principles: driving systemic change, the circular economy, and greening the value chain. The focus is on those sustainability areas where Lenzing can exert the greatest impact in creating a more sustainable world.
In order to review which topics are material from the perspective of the Lenzing Group’s experts and stakeholders, the materiality analysis was revised in 2024. In a multi-stage process, the following topics were defined as essential together with stakeholders:
- Climate & energy
- Water regime & pollution
- Biodiversity & ecosystems
- Circular economy & resources
- Responsible wood procurement
- Sustainable innovations & products
- Human rights & fair labor practices
- Business ethics
- Transparency
Lenzing has set ambitious, Group-wide sustainability targets for the most important challenges in each of its strategic focus areas. The goals that have been set also relate to the Sustainable Development Goals (SDGs).
Strategic focus areas of sustainability and the corresponding SDGs
You can read more about the goals and implementation measures of the “Naturally Positive” sustainability strategy in the non-financial statement of the Annual and Sustainability Report.