This report is the combined, consolidated, non-financial report for the Lenzing Group1 (according to § 267a UGB) and for Lenzing Aktiengesellschaft (according to § 243b UGB).
Since Lenzing operates on a global level with Group-wide approaches in various areas of operation, all descriptions of management approaches and concepts concerning the material topics identified apply to both the Lenzing Group and Lenzing Aktiengesellschaft. For those indicators where meaningful figures can be provided, separate data for Lenzing Aktiengesellschaft can be found in the annex (in accordance with the legal requirements stipulated by the Austrian Sustainability and Diversity Improvement Act (NaDiVeG2) and the AFRAC recommendation. The information on the EU taxonomy can be found in the chapter “Managing sustainability”.
The description of non-financial risks has been integrated into the 2021 Annual Report, while compliance is covered in the chapter “Business ethics”. Additional information concerning certain topics is provided on the Lenzing Group website. References can be found under the appropriate headlines.
This report covers all the fully consolidated legal entities of the Lenzing Group. Detailed information can be found in the Lenzing Group’s annual report
(Note 3, Note 43).
The contents of this report reflect the topics that are relevant and material to sustainable development of the Lenzing Group. The management approaches for each material topic can be found in the relevant sections. The information on human resources applies to the Lenzing Group, including the two construction sites in Thailand and Brazil. Specific environmental indicators have been calculated using data from all the production sites of the Lenzing Group. They account for 100 percent of the company’s worldwide production volume. The construction sites in Brazil and Thailand are fully consolidated but are not yet in operation. Relevant data were included wherever available. 2014 was chosen as the base year for the presented data because Lenzing’s first GRI report including the Lenzing Group sustainability targets was issued in 2017 with data covering 2016, 2015 and 2014. For the CO2 figures, the baseline is 2017, as the corresponding target was developed in 2018/2019.
This report mainly covers data from 2021. Wherever possible, it also presents a series of data over three years (2019, 2020 and 2021)3 to show progress and make the information transparent, relevant, and comparable.
Restatements
Due to reclassification of capitalized borrowing costs, net interest from defined benefit plans and commitment fees from EBIT/EBITDA to financial result (see Note 2 to the 2021 of the Lenzing Group consolidated financial statements), there have been changes in the table of key figures (table “Lenzing Group: Sustainability key performance indicators”) for the year 2019 and 2020.
A recalculation of scope 3 emissions from 2017 towards 2021 was necessary due to updated market pulp supplier data.
Due to subsequent corrections of the wastewater volumes at the Lenzing site, there is a reduction in water consumption of about 19 percent in the figures of 2020.
In 2021, the materiality analysis of the Lenzing Group was renewed. This resulted in changes to the material topics. Detailed information can be found under “Materiality analysis” and in the “Materiality analysis” focus paper.
This report has been prepared in accordance with the Global Reporting Initiative (GRI) standards: Core option. A detailed GRI content index can be found on the website. In accordance with the legal requirements, the reporting cycle for Lenzing’s sustainability performance is annual.
Contact
Krishna Manda
VP Corporate Sustainability
Lenzing Aktiengesellschaft
4860 Lenzing
Austria
Phone: +43 7672 701-0
E-mail: sustainability@lenzing.com
All focus papers mentioned in this report can be found here: https://www.lenzing.com/investors/publications
1) “The Group” (for better readability occasionally referred to as “Lenzing”) comprises Lenzing Aktiengesellschaft and its subsidiaries
2) Nachhaltigkeits- und Diversitätsverbesserungsgesetz (§ 243b, § 267a UGB)
3) The financial year of the Lenzing Group is the calendar year (January 1 to December 31)
