ESRS G1 Business conduct

Abstract

The chapter describes Lenzing’s commitment to ethical business practices and robust corporate governance as a foundation for sustainable success. All employees and contractors are required to act in accordance with the Group’s Global Code of Business Conduct and compliance policies, which exceed legal requirements to ensure integrity, transparency, and accountability. Lenzing continuously enhances its Compliance Management System to prevent misconduct, mitigate compliance risks and protect its people. This includes systematic risk assessments, monitoring and clear confidential channels for reporting concerns without fear of retaliation. Regular training ensures understanding of expected behavior and promotes a culture of responsibility and integrity. These business conduct standards also apply to suppliers, who must meet stringent professional and ethical requirements, thereby reinforcing responsible sourcing and sustainable partnerships throughout the value chain. By embedding these principles into its governance framework, Lenzing improves trust, fairness and long-term value creation.