Strategy
Digital solutions for transparency and traceability across entire supply chains
In addition to its ongoing digitalization efforts, Lenzing is dedicated to advancing digital solutions across the textile and nonwoven supply chain. The company strives to enhance transparency and traceability within the textile and nonwovens industries. Transparency signifies openness with all stakeholders who interact with Lenzing fibers. This is vital, as transparent dialog with the industry is the only way to ensure traceability and verify the origin of Lenzing fibers from production to the finished garment.
Lenzing’s fiber identification system and E-Branding Service form the basis of its overall approach to transparency, further reinforced by using the TextileGenesis™ platform which employs digital tokens to enhance traceability. Cooperation with the Global Textile Scheme contributes to efficient fiber data exchange for the Digital Product Passport in the textiles sector. Additionally, the real-time ocean shipment tracking solution that was developed in collaboration with project44 drives digitalization and transparency in the global textile and nonwovens supply chain.
Lenzing follows a three-pillar approach to a more sustainable and transparent textile and nonwovens supply chain (figure “Building blocks of transparency”):
- Fiber identification system for TENCEL™, LENZING™ ECOVERO™ and VEOCEL™ branded fibers
- Lenzing E-Branding Service platform for fabric certification, brand licensing and hang-tags
- Lenzing downstream value chain traceability via use of TextileGenesis™ digital token solution
Building blocks of transparency
Policies
[ESRS 2 MDR-P]
Lenzing’s Sustainability Policy covers the “Positive impact on the trust of stakeholders by being transparent” by fostering long-term partnerships with all our stakeholders based on open dialog and transparency. For more information on the ESRS 2 MDR-P of the Sustainability Policy, please see the “Sustainability strategy” section of the “ESRS 2 General disclosures” chapter.