lenzing.com

“Naturally positive” sustainability strategy

Our sustainability vision

Our passion is to provide truly sustainable solutions for a growing world. We create a positive impact for the people we work with, the consumers we serve, and the society and environment in which we operate. In doing so, we are commercially successful.

Our sustainability mission

We are change agents and collaborate with our suppliers and value chain partners to catalyze change for the better. We actively contribute towards improving environmental performance throughout the value chain and, consequently, in final products. We promote social wellbeing. Creation of more positive impacts and benefits is the guiding light for our innovation and business practices.

“Naturally positive”, the Lenzing Group’s sustainability strategy, was developed from the results of the materiality analysis and is firmly rooted in the Lenzing Group’s sCore TEN strategy. Within the dimensions People – Planet – Profit, this strategy defines those sustainability areas where Lenzing can do the most to create a more sustainable world. It is the basis for Lenzing’s approach to contributing to the United Nations Sustainable Development Goals (SDGs).

Strategic focus areas of sustainability in the Lenzing Group and the corresponding SDGs

Strategic focus areas of sustainability and the corresponding SDGs (illustration)

Three strategic principles

1. Driving systemic change

Complex global challenges call for a collaborative approach to designing systemic solutions that involve many stakeholder groups. As a leader in wood-based cellulosic fibers, Lenzing has a particular responsibility and an ambition to help raise the bar for sustainability in the textile and nonwovens industries. Transparency and traceability are a prerequisite for fostering trust and building long-term relationships. With its contributions to developing industry-wide methods, tools, and approaches, Lenzing is helping the industry to progress on its sustainability roadmap by overcoming critical challenges. The sustainability targets for assessments and disclosures with FEM, FSLM, ZDHC, supplier engagement and for physical and digital traceability contribute to this change.

2. Advancing circularity

According to Lenzing’s circular economy vision, “We give waste a new life. Every day”, Lenzing drives the industry towards a fully-fledged circular economy by striving to give waste a new life in all aspects of its core business and by co-developing circular solutions with potential partners in and outside the current value chain to close loops wherever possible. This vision is based on Lenzing’s determination to create value with as little virgin resources as possible and reduce the use of fossil carbon in the company and the value chain while improving sustainability performance.

The company unites the cellulosic fiber cycle of its wood-based products (biological cycle) with its innovative technologies that focus on closing loops in the production and recovery of raw materials and chemicals (technical cycle).

Dedicated targets for development of recycled content based fibers and circular business models with value chain partners contribute to this principle.

3. Greening the value chain

Lenzing’s responsible practices and innovative products enable its customers and value chain partners to improve their environmental performance and achieve their sustainability targets and commitments. Responsible sourcing practices, water stewardship, decarbonization, and sustainable innovations are the basis for Lenzing’s efforts in greening the value chain. The sustainability targets for air emissions, water emissions, pollution, and climate protection are the cornerstones of Lenzing’s responsible entrepreneurship and act as innovation drivers.

For further information on Lenzing’s Sustainability Strategy, strategic principles, and focus areas, please see the “Sustainability Strategy” focus paper.4

4) www.lenzing.com/sustainability-strategy [Accessed February 15, 2022]

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