Material impacts, risks and opportunities

OO & upstream VC

medium- to long-term

Risk to Lenzing’s operations and supply chain due to the increasingly chronic physical climate hazards as indicated by climate risk assessment

Climate models indicate that rising global mean temperatures will lead to an increase in chronic physical climate hazards. Lenzing’s operations and supply chain could be increasingly affected by extreme weather events, water scarcity and other physical hazards of varying severity. All identified risks arising are managed by Lenzing through comprehensive supplier diversification and holistic inventory and resource management.

Sustainability Policy (also VC)
Group Environmental Policy and Standard

upstream VC

long-term

Risk of wood scarcity from non-resilient forests and effects of increasing global average temperature

As wood is one of Lenzing’s most important raw materials, risks of wood unavailability rise due to forest degradation (diseases, pests, etc.) as a direct consequence of higher average temperatures can affect its core business.

VC: Sustainability Policy

OO

medium-term

Opportunity through increased demand for low-emission products and product innovation

As consumer needs and preferences shift toward low-emission products, the development and expansion of low-emission goods and services is expected to have substantial growth potential. Lenzing applies life-cycle thinking, sustainable sourcing, efficient use of resources and partnerships with stakeholders along the value chain in order to contribute to more sustainable production and consumption patterns.

Group Environmental Policy and Standard
Global Supplier Code of Conduct

actual

OO & upstream VC

long-term

Positive impact of sustainable wood sourcing on the maintenance of healthy and resilient forests as natural carbon sinks

Carbon sinks, such as forests, absorb more carbon dioxide than they release, helping to mitigate climate change. Managing forest sustainably and therefore maintaining healthy carbon sinks is important. Lenzing is contributing by sourcing its wood and pulp from certified or controlled sources, which have a positive effect on carbon sinks.

Sustainability Policy (also VC)
Wood and Pulp Policy (also VC)
SHE Policy (also VC)
Group Environmental Policy and Standard

actual

OO & downstream VC

long-term

Positive impact on downstream value chain partners by supporting the achievement of their climate related goals by providing low-carbon fibers.

Providing customers of its downstream value chain with low-carbon fiber products directly contributes to their scope 3 emissions’ reduction and achieving climate-related goals.

Sustainability Policy (also VC)
SHE Policy (also VC)
Group Environmental Policy and Standard
Supplier Code of Conduct (also VC)

OO

short – to medium-term

Risk of increasing costs of GHG emissions from emerging regulations on carbon pricing in low-emission scenarios

Increasing regulation, especially on green taxation and carbon pricing, constitutes a relevant risk for Lenzing. In the countries where Lenzing has carbon intensive processes, regulations on greenhouse gas (GHG) emissions have already been implemented (energy efficiency improvements, regulated emission allowances) and stricter regulations that could increase the costs of GHG emissions are under development. Lenzing is implementing stringent energy efficiency measures in order to reduce its potential exposure to green taxation.

Sustainability Policy
SHE Policy
Group Environmental Policy and Standard

OO

short-term

Risk of not achieving energy transformation in line with the Lenzing Group’s science-based targets.

Risk of not achieving energy transformation in line with the Lenzing Group’s science-based targets.

Sustainability Policy
SHE Policy
Group Environmental Policy and Standard

OO

short- to medium-term

Risk of increasing wood prices due to climate changes and biomass competition

Wood is the most important natural resource for the Lenzing Group as it is needed for manufacturing regenerated cellulose fibers. Despite Lenzing’s sustainable sourcing policy and backward-integrated production, wood prices are at risk of increasing due to climate change, and growing competition for biomass and land use.

Sustainability Policy
SHE Policy
Group Environmental Policy and Standard

OO

medium- to long-term

Opportunity to de-risk Lenzing’s operations and gain market share by reducing GHG emissions

The Lenzing Group considers rapid decarbonization to be a major business opportunity to de-risk its operations, build resilience, launch products with less climate impact and harvest energy efficiency gains. Lenzing will substantially reduce its GHG emissions in the coming years through a number of corresponding measures (decarbonization strategy) and science-based targets. Furthermore, Lenzing aims to reach net-zero greenhouse gas emissions by 2050.

Sustainability Policy
SHE Policy
Group Environmental Policy and Standard

actual

OO

long-term

Negative impact on global climate change by generating GHG emissions with the use of non-renewable energy sources

By using non-renewable energy sources or having inefficient energy conversion technologies Lenzing generates GHG emissions which contribute to global climate change.

Group Environmental Policy and Standard

actual

OO

long-term

Positive impact on driving the energy transition through a circular business model and innovation

Driving the transition to fossil-free production through a circular business model and innovation. This leads to lower GHG emissions in the future, which has a positive impact on Lenzing`s overall emissions.

Sustainability Policy

actual

VC

short- to long-term

Positive impact on GHG emission along Lenzing’s value chain by assessing and engaging suppliers to reduce emissions

Supplier assessment and engagement to increase the use of renewable energy sources can lead to reduce GHG emissions along Lenzing’s value chain.

Sustainability Policy (VC)
Global Supplier Code of Conduct (VC)

OO

medium- to long-term

Risk of reputational damage if sustainability requirements in regard to energy sources are not met and carbon footprint is not reduced

Lenzing’s reputation could be damaged if the sustainability requirements with regard to energy sources are not met. Lenzing has energy-intensive processes that result in GHG emissions and is facing increasing pressure from customers and EU directives to address its carbon footprint, which poses a risk for Lenzing if expectations are not met.

Bioenergy Policy
Group Environmental Policy and Standard

OO

medium- to long-term

Risk of increasing commodity costs (e.g. wood, pulp, chemicals) due to energy prices

Commodity prices (e.g. wood, pulp, chemicals) could increase due to the availability of energy and price volatility as a result of climate change. For example, an increase in the price of wood due to increasing demand for renewable energy sources, zero deforestation trends and/or more frequent pests and diseases (e.g. pest infestations) due to changing weather patterns as a result of climate change.

Bioenergy Policy

OO

short-term

Risk of biomass being reclassified as non-renewable in the Renewable Energy Directive (RED II/III)

With the Renewable Energy Directive (RED II/III) Biomass could get reclassified and not count as renewable anymore.

Bioenergy Policy

OO

short-term

Potential financial risk to Lenzing’s operations and increased costs due to unforeseen energy shortages and loss of power supply

Unforeseen energy shortages could compromise Lenzing’s operations which can pose a financial risk.

Sustainability Policy
Group Environmental Policy and Standard

OO

medium- to long-term

Opportunity of decreasing energy costs by implementing concepts based on renewable energy in the long term

Lenzing sees an opportunity to position itself favorably by proactively addressing environmental challenges. In addition, energy costs can potentially decrease in the long term by using renewable energy sources and new technologies, this can lead to a market advantage if the switch is done quickly.

Bioenergy Policy

actual and potential

OO

short- to long-term

Negative impact on air pollution and emissions with potential negative effects on human health and environment

Lenzing contributes to air pollution and could potentially impact health and environment negatively. To prevent pollution Lenzing actively monitors and manages the environmental impact of its operations.

SHE Policy
Group Environmental Policy and Standard
Chemical Management Group Standard

OO

medium- to long-term

Risk of regulatory changes and consequent business loss potential

Lenzing can lose license to operate (LTO) due to regulatory changes, e.g. not meeting more stringent emissions levels in EU BAT. This might lead to loss of EU Ecolabel and not meeting customer demands.

SHE Policy
Group Environmental Policy and Standard
Chemical Management Group Standard

OO

short- to medium-term

Opportunity for Lenzing as sustainability leader in pulp and fiber manufacturing

Showing leadership in pulp and fiber manufacturing with low environmental and social impacts.

SHE Policy
Group Environmental Policy and Standard
Chemical Management Group Standard

actual

downstream VC

short- to long-term

Negative impact of Lenzing’s downstream textile value chain on water pollution

“Textile production is estimated to be responsible for about 20 percent of global clean water pollution from dyeing and finishing products.”^b

VC: Water Policy

actual and potential

OO

short- to long-term

Negative impact on water pollution and emissions with potential negative effects on human health and environment

Lenzing discharges water in its own operations and therefore potentially impact water bodies. In the case of an unlikely leakage, the consequences would be fatal for the ecosystems. Lenzing commits itself to comprehensively monitor, control and report direct and indirect interactions with water resources.

Water Policy
Group Environmental Policy and Standard
SHE Policy
Chemical Management Group Standard

OO & downstream VC

short- to medium-term

Opportunity for Lenzing as sustainability leader in pulp and fiber manufacturing

Showing leadership in pulp and fiber manufacturing with low environmental and social impacts with low emission products. For example spun-dyed Lenzing fibers.

SHE Policy
Group Environmental Policy and Standard
Chemical Management Group Standard
Sustainability Policy

actual and potential

OO & VC

medium-term

Potential for severe negative health and environmental impacts in the event of accidents or leakage related to SoCs and SVHCs

Potential for severe negative health and environmental impacts in the event of accidents or leakage. Substances of concern are still used within Lenzing`s own operations and within the industry. Lenzing`s fibers are controlled for residues by certifications and testing schemes.

Group Environmental Policy and Standard
Chemical Management Group Standard
VC: No policy

OO

medium- to long-term

Opportunity by developing and implementing industry benchmarks

Fulfilling stakeholder expectations by going beyond. Developing industry benchmarks and contribution to multi-stakeholder initiatives such as Zero Discharge of Hazardous Chemicals (ZDHC) as well as showing leadership in pulp and fiber production with low environmental and social impacts.

Group Environmental Policy and Standard
Chemical Management Group Standard

actual

OO & downstream VC

short- to long-term

Positive impact on microfiber pollution as Lenzing fibers can offer an alternative and replace plastic fibers

Microplastics are plastic particles smaller than 5 mm and can be released from plastic fibers through abrasion, e.g. from laundering. Laundering accounts for 35% of primary microplastics released into the environment^a. There are increasing concerns about microplastics harming humans and the environment. Lenzing’s fibers do not release microplastics and can be an alternative to plastic fibers.

No policy
VC: No policy

actual and potential

OO & downstream VC

short- to medium-term

Negative impact on water resources through water withdrawal by Lenzing and its value chain

Pulp and fiber production as well as textile manufacturing can be water intensive. Water withdrawal of Lenzing and its downstream value chain partners can contribute to increasing water scarcity.

Water Policy (also VC)

OO

medium- to long-term

Opportunity by helping value chain partners meeting their targets through products with improved water footprint

Lenzing`s fibers products are produced with a lower water footprint compared to generic regenerated cellulose fibers. This can help value chain partners to meet their water conservation targets. This strategy promotes efforts to reduce overall water usage across the supply chain.

Water Policy

upstream VC

short- to long-term

Risk of wood scarcity & high wood prices resulting from biodiversity loss

Two risks for Lenzing are belonging to all material biodiversity sub-topics: Wood scarcity and high wood price. Wood scarcity due to non-resilient forests can lead to business losses as there might be no wood available or only at a high price. As biodiverse ecosystems are more resilient to outside stresses, biodiversity loss poses a great risk for Lenzing.

VC: Wood and Pulp Policy
VC: Biodiversity Policy

actual

OO & VC

medium- to long-term

Negative impact of Lenzing and its value chain by contribution to climate change and consequential biodiversity loss

Lenzing and its value chain contribute with its GHG emissions to climate change and with that to biodiversity loss. Lenzing has set an ambitious target to become net-zero by 2050.

Sustainbility Policy (also VC)
Biodiversity Policy (partly also VC)

actual

OO & upstream VC

medium- to long-term

Positive impact on biodiversity by sustainable wood sourcing and engagement in afforestation projects

Sustainably-managed forests can contribute to more biodiversity. Lenzing only sources wood from sustainably-managed forests and plantations. Outside of its value chain, Lenzing also engages in aforeststation projects to protect areas vulnerable to deforestation.

Wood and Pulp Policy (also VC)
Biodiversity Policy (also VC)

potential

upstream VC

short- to medium-term

Potential negative impact on ecosystems due to suppliers potentially performing land-use change

Suppliers could potentially perform land-use change (e.g. transformation of natural grassland into plantations, or natural forest into plantation), which can potentially destroy ecosystems.

VC: Wood and Pulp Policy
VC: Biodiversity Policy

OO & upstream VC

medium-term

Opportunity through positive positioning with best practice wood sourcing from sustainably managed forests and plantations

Positive positioning with best practice wood sourcing, Lenzing sources only from sustainably-managed forests and plantations. Outside of its value chain, Lenzing also engages in aforeststation projects to protect areas vulnerable to deforestation.

Wood and Pulp Policy (also VC)
Biodiversity Policy (also VC)

actual and potential

OO and upstream VC

medium- to long-term

Potential negative impact on biodiversity introducing invasive alien species by wood transport

The introduction of invasive alien species, whether accidental or intentional, can have significant impacts on ecosystems. This can occur directly, when the invasive species competes for resources with native species, or indirectly, if the invasive species carries new pathogens. Lenzing does not use any invasive alien species in its plantations in Brazil, as these plantations are FSC^®-certified (FSC-C175509), and does not source from plantations that do. There are strong international precautions regarding the transport of plant material, which could potentially carry invasive species, to prevent such introductions.

Biodiversity Policy (also VC)

actual and potential

OO and upstream VC

medium- to long-term

Negative impact on threatened species in case of a lack of monitoring and management

In general, part of Lenzing’s assessment is whether species at risk of global extinction are negatively impacted by the company, e.g. through the effects of pollution at the production sites. In Brazil, the status (risk of extinction) of species is monitored. Some red-listed species occur in the vicinity of the plantations. Lenzing takes great care to manage conservation areas for these species.

Wood and Pulp Policy (also VC)
Biodiversity Policy (also VC)

potential

upstream VC

short- to long-term

Potential negative impact on ecosystem services due to impacts on biodiversity

Lenzing, the economy and society are highly dependent on ecosystem services. The impacts on biodiversity described above can lead to a decline of ecosystem services (social, cultural, environmental, provisional etc.). As a supplier of regenerated cellulose fibers for the textile and nonwoven industry, some of these dependencies are essential for the upstream value chain, e.g. forestry. Lenzing is currently assessing this topic further. Preliminary assessment showed biggest dependencies on provisioning services, while Lenzing´s supply chain may be impacting both in positive and negative ways, regulating and maintenance services (sequestration, bio-remediation, control of water erosion, run off, mitigation of floods, pest controls etc.) but also provisioning services such as water withdrawals.

VC: Wood and Pulp Policy
VC: Biodiversity Policy

actual

downstream VC

short-term

Negative impact on circular economy and recycling due to blended materials

Blended materials (e.g. different fiber types mixed) have an indirect negative impact on the circular economy. As it is more difficult to separate and process blended materials, recycling costs rise, leading to lower recycling rates and increased waste.

VC: Sustainability Policy

actual

OO

short- to long-term

Positive impact on emissions through Lenzing’s adoption of circular practices including the use of the renewable resource wood

Lenzing’s adoption of circular practices includes lowering emissions by closing material loops and using the renewable resource wood.

Sustainability Policy
SHE Policy
Wood and Pulp Policy

actual and potential

OO & upstream VC

short- to long-term

Negative impact on GHG emissions and the carbon footprint through energy-intensive recycling processes

Recycling processes are energy-intensive, potentially resulting in higher greenhouse gas (GHG) emissions and a larger carbon footprint for products compared to using virgin materials. Whether the impact is negative, depends on the availability of future technologies, as well as the scale of recycling and recovery of chemicals.

SHE Policy
Sustainability Policy (also VC)

OO

medium-term

Opportunity to help partners in the value chain achieve their circularity and recycling goals

Producing fibers with a recycled content can help partners in the value chain achieve their sustainability goals. This strategy promotes efforts to make the supply chain more circular.

Sustainability Policy

OO

medium-term

Opportunity for an increased demand of fibers with recycled materials due to the EU Textile Strategy

The EU Textile Strategy might result in binding rules for the use of recycled content in textiles. This could result in a surge of demand for some of fiber offers, which contain recycled material.

Sustainability Policy

actual and potential

OO & downstream VC

short- to long-term

Negative impact on the environment if waste from the textile industry is not disposed properly

Waste is a major outflow from the entire textile industry that can damage the environment if it is not disposed of properly.

SHE Policy Group
Environmental Policy and Standard
Group Waste Management Guideline
Sustainability Policy (also VC)

actual

OO & downstream VC

long-term

Positive impact on downstream value chain partners by supporting the achievement of their climate related goals by providing low-carbon fibers

Providing customers of its downstream value chain with low-carbon fiber products directly contributes to their scope 3 emissions’ reduction and achieving climate-related goals.

Sustainability Policy (also VC)
SHE Policy (also VC)
Group Environmental Policy and Standard
Global Supplier Code of Conduct (also VC)

OO & downstream VC

short- to medium-term

Opportunity for Lenzing as sustainability leader in pulp and fiber manufacturing

Showing leadership in pulp and fiber manufacturing with low environmental and social impacts with low emission products. For example spun-dyed Lenzing fibers.

SHE Policy
Group Environmental Policy and Standard
Chemical Management Group Standard
Sustainability Policy

OO

medium-term

Opportunity to help partners in the value chain achieve their circularity and recycling goals

Producing fibers with a recycled content can help partners in the value chain achieve their sustainability goals. This strategy promotes efforts to make the supply chain more circular.

Sustainability Policy

OO

short-term

Risk and opportunity for being an attractive employer through (non-)transparent communication

Lenzing could lose or gain its reputation as an attractive employer depending on how professional and transparent it communicates about restructuring measures, which influences future hiring.

Communication Guideline

OO

medium-term

Opportunity to be listed as a preferred supplier for customers

Lenzing sees a growing requirement for social certificates from its customers. By being certified, Lenzing ensures that it remains listed as a preferred supplier.

SHE Policy
Policy on Human Rights and Labor Standards
Global Code of Business Conduct
Clean and Hygiene Standards
Life-saving rules Group Guidelines

actual and potential

OO

short-term

Negative impact on the workforce if there is a lack of work-life balance

A lack of work-life balance can lead to physical, psychological and chronic impacts on the workforce.

No policy

actual

OO

short-term

Positive impact on the workforce through various working time models, benefits and leaves

Various working time models, benefits and leaves have a positive impact on the workforce.

No policy

potential

OO

medium-term

Potential negative impact due to the working environment on health and wellbeing of Lenzing’s workforce

The working environment can impact and potentially expose its workforce at operated assets to potential health and wellbeing impacts.

SHE Policy
Policy on Human Rights and Labor Standards
Global Code of Business Conduct
Clean and Hygiene Standards
Life-saving rules Group Guidelines

actual

OO

medium-term

Positive impact on the workforce through risk management, trainings, health measures and services

Risk management in the workplace, training & education as well as supporting health measures & services contribute to a healthy and risk-aware workforce.

SHE Policy
Policy on Human Rights and Labor Standards
Global Code of Business Conduct
Clean and Hygiene Standards
Life-saving rules Group Guidelines

OO

short-term

Risk of a potential poor working climate leading to employee turnover or reduce their productivity

A potential poor working climate can lead to employee turnover or reduce their productivity. (Due to mental health.)

Policy on Human Rights and Labor Standards
Global Code of Business Conduct
Global Equity, Diversity & Inclusion Policy

OO

medium-term

Opportunity for an engaged and productive workforce by providing a safe work environment

A safe work environment, and supportive health measures for employees fosters an engaged and productive workforce.

SHE Policy
Policy on Human Rights and Labor Standards
Global Code of Business Conduct
Clean and Hygiene Standards
Life-saving rules Group Guidelines

actual

OO

medium-term

Negative impact on gender equality and equal pay for equal work

Lenzing has challenges in the area of equal pay for equal work due to cultural issues and unconscious bias. Lenzing recognises the importance of gender equality and equal pay for equal work and is committed to continuous improvement in this area.

Global Equity, Diversity & Inclusion Policy
Global Salary Administration Guidelines

OO

short- to medium-term

Risk of a recline in productivity through insufficient quality in succession planning

Insufficient quality in succession planning can lead to a recline in productivity.

Global Learning and Development Guideline
Global Performance Management Guideline

potential

OO

short-term

Negative psychological impact on employees if harassment in the workplace takes place

Harassment in the workplace can lead to serious negative psychological consequences for employees.

Global Equity, Diversity & Inclusion Policy
Policy on Human Rights and Labor Standards

potential

OO

short-term

Negative psychological impact on employees if diversity is not supported

No support of diversity can lead to feelings of exclusion, isolation, and discrimination and can have psychological consequences for employees.

Global Equity, Diversity and Inclusion Policy

actual

OO

short-term

Positive impact on diversity through diversity-promoting measures

Lenzing has a positive influence on diversity through diversity-promoting measures.

Global Equity, Diversity and Inclusion Policy

OO

medium-term

Opportunity to drive innovation and performance with diversity

Diversity drives innovation and performance.

Global Equity, Diversity and Inclusion Policy

potential

VC

short-term

Negative impact on children in Lenzing’s value chain, as child labor is common in textile manufacturing

Child labor remains a significant issue in the textile industry, where children are stripped of their rights, exposed to health and safety risks, denied access to education, and trapped in a cycle of poverty and inequality. Given the prevalence of child labor in textile manufacturing, there is a possibility that it could exist within Lenzing’s value chain.

VC: Global Code of Business Conduct (partly)
VC: Global Supplier Code of Conduct (partly)
VC: Policy on Human Rights and Labor Standards (partly)
VC: Sustainability Policy
VC: Wood and Pulp Policy (partly)

potential

VC

short-term

Negative impact on forced laborers in Lenzing’s value chain, as forced labor is common in textile manufacturing

Forced labor remains a persistent issue in the textile industry, where individuals’ basic rights and freedoms are violated, often resulting in physical and psychological harm while perpetuating cycles of poverty and inequality. Given its prevalence in textile manufacturing, there is a potential risk of forced labor being present in Lenzing’s value chain.

VC: Global Code of Business Conduct (partly)
VC: Global Supplier Code of Conduct (partly)
VC: Policy on Human Rights and Labor Standards (partly)
VC: Sustainability Policy
VC: Wood and Pulp Policy (partly)

potential

OO & downstream VC

medium-term

Potential negative impact on consumer’s health and safety in case of non-compliance

Non-compliance with health and safety standards/regulations can impact the health and safety of consumers.

Product Safety Policy
Global Supplier Code of Conduct
Clean & Hygiene Standards
VC: No policy

OO

short- to medium-term

Risk of law suits, monetary and reputational loss in case of non-compliance

Non-compliance can lead to law suit, monetary loss and reputation loss.

Product Safety Policy
Global Supplier Code of Conduct
Clean & Hygiene Standards

OO

short- to medium-term

Opportunity to achieve business and sustainability targets by monitoring and improving manufacturing processes

Achieving business and sustainability targets by monitoring and improving manufacturing processes.

Quality Policy
Clean & Hygiene Standards

OO

short- to medium-term

Opportunity for market-leadership in terms of product safety and consistency, application performance and service

Leading the market in terms of product safety, product consistency, application performance, and service

Quality Policy
Global Code of Business Conduct
Global Supplier Code of Conduct
Clean & Hygiene Standards
SHE Policy

potential

OO & VC

short-term

Potential negative impact on the morale of employees and stakeholder trust if intransparency occurs

Intransparency undermines the trust of stakeholders and decreases the morale of employees and may jeopardize the company`s reputation. The director of the company may be held liable.

Whistleblower Directive 
ABC Directive
Antitrust Directive
Global Code of Business Conduct
Know-How Protection Directive
VC: Wood and Pulp Policy

actual

OO & VC

short-term

Positive impact on the prevention of corruption, bribery and conflicts of interest by maintaining transparency

Transparency is essential for all compliance actions, as maintaining transparency in every aspect of your operations helps prevent corruption, bribery, and conflicts of interest.

Whistleblower Directive 
ABC Directive
Antitrust Directive
Global Code of Business Conduct
Know-How Protection Directive
VC: Wood and Pulp Policy

potential

OO & VC

medium-term

Potential negative impact on business conduct efforts regarding whistleblower in the absence of ongoing efforts, training, reaction and clear procedures

The absence of ongoing efforts, training, reaction and clear procedures can lead to termination of employment and retaliation against the whistleblower, ultimately undermining your overall business conduct efforts and whole compliance activity.

Whistleblower Directive
Investigation Directive
Global Code of Business Conduct
VC: Global Supplier Code of Conduct (partly)

potential

OO

medium-term

Potential negative impact on business conduct efforts regarding corruption and bribery in the absence of ongoing efforts, training, reaction and clear procedures

The absence of ongoing efforts, training, reaction and clear procedures can undermine your overall business conduct efforts and whole compliance activity.

Whistleblower Directive
Investigation Directive 
ABC Directive
Anti Money Laundering Directive (AML Directive)
Global Code of Business Conduct

actual and potential

OO & VC

short-term

While a compliance program is in place, incidents may still occur if individuals are provided with the opportunity to engage in non-compliant behavior.

While a compliance program is in place, incidents may still occur if individuals are provided with the opportunity to engage in non-compliant behavior.

Whistleblower Directive
Investigation Directive
Global Code of Business Conduct
VC: Anti Money Laundering Directive (AML Directive)
VC (partly): Global Supplier Code of Conduct

OO

short-term

Risk of non-compliance with the Corporate Supply Chain Due Diligence Directive (CSDDD) if internal processes are not implemented

There is a risk of non-compliance with the Corporate Supply Chain Due Diligence Directive (CSDDD) if internal processes are not implemented.

Global Code of Business Conduct
Global Supplier Code of Conduct
Wood and Pulp Policy

actual

OO

short-term

Positive impact on the trust of stakeholders by being transparent

Transparency is essential for all compliance actions, as maintaining transparency in every aspect of operations helps building trust with stakeholder.

Sustainability Policy