lenzing.com

Highlights of the year

Strategic milestones

  • Pulp mill in Indianópolis (Brazil) is the largest of its kind. Due to the plant’s excess bioenergy, it provides electricity to Brazilian grid, thus replacing gas based energy and grid electricity
  • Achievement of half a billion products on the market branded with TENCEL™, LENZING™, ECOVERO™, and VEOCEL™, hitting the 2022 full-year target
  • Long-term supply contract with Swedish textile-to-textile recycling company Renewcell for 100 percent recycled textile dissolving pulp
  • Milestone of LENZING™ ECOVERO™ viscose fibers production of over 300,000 tonnes accomplished, with capacity increasing further to meet growing demand
  • Largest ground-mounted photovoltaic plant in Upper Austria started operation
  • Production site in Nanjing (China) partly uses electricity derived from 100 percent renewable resources, starting in December 2022 and continuing in 2023 (100 percent in 2023), thus reducing CO2 emissions by 100,000 tonnes per year based on production capacity
  • Purwakarta (Indonesia) site has used electricity generated 100 percent from renewable sources since July 2022, which will reduce its carbon emissions by 75,000 tonnes annually
  • Lenzing partners with Circular and Sustainable Textile and Clothing (CISUTAC) to further develop recycling processes for cellulose fibers
  • Launch of matte TENCEL™ branded lyocell fibers for denim applications
  • Fusion of LENZING™ Web Technology with a pulp wetlaid process for new low carbon emission products
  • Sign-off of a 5.5MW peak photovoltaic power purchase agreement with Energie Steiermark and Enery. The PV plant will be built in Styria (Austria) and supply electricity to Lenzing ( Austria) from Q4 2023 onward
  • World’s largest lyocell fiber production plant opened in Prachinburi (Thailand)

Achievements

  • Lenzing joined the UN Global Compact sustainability initiative
  • Lenzing joined the Together for Sustainability (TfS) industry initiative to create more transparent global supply chains and actively raise environmental and social standards
  • Publication of Lenzing´s Climate Transition Plan

Ratings and awards

  • CDP: Lenzing is one of only 12 companies worldwide to be recognized with an outstanding triple “A” for environmental leadership and disclosure in climate change, water security and forests
  • MSCI ESG: “AA” rating achieved again
  • Canopy: ranked 1st place in the Hot Button Ranking, earning a dark green shirt
  • EcoVadis: Platinum status for the second time in succession
  • VEOCEL™ was awarded the “2021 Outstanding Contribution for Sustainability” award at the Sustainable Development China Forum (awarded in 2022)
  • OEGUT Environmental Award: Lenzing recognized as a champion of the circular economy by OEGUT in the “World without waste” category for textile recycling activities
  • TENCEL™ Modal fiber with Indigo Color technology won the ITMF (International Textile Manufacturers Federation) award for Sustainability and Innovation at the ITMF Annual Conference
  • Lenzing and LD Celulose won second place at the Financial Times/International Finance Corporation (IFC) Transformational Business Awards for the climate-smart investment project in Brazil
  • Lenzing received the “Austrian Sustainability Reporting Award” (ASRA) for the best sustainability report in 2022
  • Lenzing received the “Pioneer of Climate Stewardship in The Chinese Textile and Apparel Industry” award from CNTAC
  • Presented with an ISPO award 2022 for the 100 percent TENCEL™ Lyocell solution for seamless functional wear

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