Gender pay gap

[ESRS S1-16]

The total gender pay gap for the Lenzing Group, including all Lenzing entities, is 23.90. The calculation method corresponds to the calculation method defined in the ESRS standard. The Gender Pay Gap is represented as a ratio, where 0 is the ideal value, indicating that men and women are paid equally for the same amount of work. Higher positive values signify a greater disparity in pay between genders, where women earn less than men. For instance, if a man’s salary is double that of a woman, the pay gap ratio is 50.

With regard to the gender pay gap, Lenzing recognizes that there is still room for improvement. Nevertheless, Lenzing believes that it is already on the right track. The detailed presentation by category makes it easier to recognize which groups require special attention.

[GRI 405-2]