lenzing.com

Impacts, risks and opportunities

[MDR-P 65a]

This section outlines impacts, risks and opportunities (IROs) where applicable. The table illustrates how IROs relate to specific policies, targets, actions, and metrics. However, this does not imply that all listed elements are interconnected.

Business conduct – Impacts, risks and opportunities

Sub-topic

IRO

IRO description

Policies

Targets

Actions

Metrics

Corporate culture

Risk

  • OO
  • Short- to medium-term

Non-compliance, such as non-compliance with health and safety standards, can lead to lawsuit, monetary loss and reputation loss.

  • Product Safety Policy
  • No target
  • Compliance product safety
  • Positive external audit outcomes (entity-specific)
  • Positive re-certification of products (entity-specific)

Protection of whistleblowers

Negative impact

  • Potential
  • OO
  • Medium-term

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

  • Whistleblower Directive
  • Investigation Directive
  • No target
  • Protection of whistleblowers (G1-1 10c)
  • Confidential metric

Corruption and bribery – Incidents

Negative impact

  • Actual and potential
  • OO
  • Short-term

While a compliance program is in place, incidents may still occur if individuals engage in non-compliant behavior.

  • Global Code of Business Conduct
  • Whistleblower Directive
  • Investigation Directive
  • Anti-Bribery and Corruption Directive
  • Anti Money Laundering Directive
  • No target
  • Prevention and detection of corruption and bribery (G1-3) Compliance Management System Whistleblower system Compliance training Compliance cockpit Global compliance risk assessment (Planned action)
  • Incidents of corruption and bribery (G1-4)
  • Number of reported cases through whistleblower system (S1-17 103b)

Management of relationships with suppliers including payment practices

Risk

  • OO
  • Short-term

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
  • Supplier Engagement
  • Sourcing (G1-2 15) Sustainable chemical sourcing Sustainable wood and dissolving wood pulp sourcing
  • Number of suppliers responding to EcoVadis questionnaire (entity-specific)
  • Average EcoVadis score of Lenzing’s suppliers (entity-specific)
  • Regionality of purchased chemicals (entity-specific)
  • Regional wood supply in Europe (entity-specific)
  • % wood sourced covered by FSC® and PEFC (entity-specific)

OO

Own operations

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Material impacts, risks and opportunities

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Material impacts, risks and opportunities

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