Management Approach
Material topic: Human rights & fair labor practices
Importance for Lenzing
- People are at the core of the company’s business success
Opportunities
- Good labor practices promote staff safety and wellbeing and ensure healthy and satisfied employees
- Enabling personal success and contributing to the growth and success of the company
- Lenzing is a first choice employer in the global fiber industry
- Diversity promotes the quality of business decisions and contributes to the company’s resilience
- Competitive advantage through a committed workforce
- Development of a corporate culture that is characterized by openness and mindful interactions
- Definition of related targets of social sustainability
Risks
- Risk of discrimination and other possible negative impact on human rights
- Potential regulatory, technology, market and corporate reputational risks
Guiding principles
- Local Labor Right laws
- Policy on Human Rights and Labor Standards
- Lenzing Group Reward Guideline
- Global Code of Business Conduct
- Global Supplier Code of Conduct
- Wood and Pulp Policy
- Sustainability Policy
- HR Strategy
- sCore TEN culture and leadership model
- Diversity concept
- Personnel development measures and tailor-made training programs
Due diligence processes and (ongoing) measures
- Compensation and benefit benchmarks and grading systems
- Application of 4-eye’s principles
- Whistleblower system
Objectives
- Global roll-out and implementation of guiding principles
- Contribution to SDG 5, 8 and 10
- Continuous development of corporate culture
- To have a continuously valid third-party audited accredited social certificate for every Lenzing Group production (fiber or dissolving wood pulp) site by 2024
- To enable people to live even better lives with Lenzing products and by respecting human rights, employee wellbeing, and diversity
- To continuously support the development of local communities near Lenzing production sites and support social welfare programs to 2025 and beyond
Achievements/activities in the reporting year
- No cases of discrimination and human rights abuses reported in the CMS (Compliance Management System)
- Eye-to-eye partner for local unions, works councils, and other workforce representatives
- No strikes at any Lenzing production facility
- Annual performance reviews
- Employees training programs
- Regional social projects
- Implementation of Global Performance and Talent Management
Responsible
- VP Corporate Human Resources
Supporting
- Corporate Communications
- Corporate Sustainability
