Governance

To Lenzing, compliance is teamwork

Compliance goes beyond adhering to legal requirements

Lenzing strives to achieve exemplary quality in products and processes, as well as integrity and honesty in dealing with business partners and shareholders. Compliance at the Lenzing Group not only stands for compliance with legal regulations and regulatory standards, as it is a question of attitude that also reflects a culture of tolerance and integrity when dealing with one another. The subject of compliance is therefore firmly anchored within the entire Group, via the active responsibility of all employees and executives, as well as a shared culture of values. Lenzing ensures that any reported cases of suspected non-compliance are investigated thoroughly and does not tolerate any form of compliance breaches if any are discovered.

[ESRS G1 ESRS 2 GOV-1]

For information about the role of the administrative, management and supervisory bodies related to business conduct, please see the corresponding section in the “ESRS 2 General disclosures” chapter.