Put companies on watchlist
Lenzing AG
ISIN: AT0000644505
WKN: 852927
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Lenzing AG · ISIN: AT0000644505 · EQS - Company News (116 News)
Country: Austria · Primary market: Austria · EQS NID: 1918663
05 June 2024 09:46AM

Lenzing again honoured with the Vienna Stock Exchange Sustainability Award


EQS-News: Lenzing AG / Key word(s): Sustainability
Lenzing again honoured with the Vienna Stock Exchange Sustainability Award

05.06.2024 / 09:46 CET/CEST
The issuer is solely responsible for the content of this announcement.


Lenzing again honoured with the Vienna Stock Exchange Sustainability Award

 

  • VÖNIX Sustainability Award 2024 of the Vienna Stock Exchange goes to Lenzing AG
  • Winner in the ‘Industrials’ category
  • Lenzing continuously drives forward the transformation towards a bio-based economy

 

Lenzing – The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, once again received the most important Austrian sustainability award for top listed companies, the Vienna Stock Exchange VÖNIX Sustainability Award, yesterday evening. Lenzing takes the first place in the ‘Industrials’ category. The prestigious award honours those companies that stand out on the capital market with their outstanding sustainability performance. According to the VBV (Austrian Sustainability Index), which is the sustainability benchmark of the Austrian stock market, the Lenzing Group achieved the best score in its category.

 

“I am very pleased to accept the VÖNIX Sustainability Award on behalf of the Lenzing Group. This award shows once again that Lenzing is working tirelessly to make the industries in which it operates even more sustainable and to drive forward the transformation of the textile business model from a linear to a circular economy model. For this transformation, further efforts by the entire industry are necessary,” says Christian Skilich, member of the Lenzing Group's Management Board.

 

Other recognised environmental organisations and rating agencies have also already testified to Lenzing's efforts in the area of sustainability and the transformation to a circular economy: For the third year in a row, Lenzing received a place on the annual ‘A list’ in all categories of the global non-profit environmental organisation CDP. This makes Lenzing one of only ten companies worldwide to receive a triple ‘A’ - out of over 21,000 companies assessed. Lenzing was also once again awarded platinum status in the EcoVadis CSR rating. This puts Lenzing in the top one per cent of companies rated by EcoVadis worldwide. MSCI awarded Lenzing an ‘AA’ rating for the third time in a row, placing the company among the top eight per cent of rated companies in its peer group.

 

You can find out more about the sustainability targets, progress and other prestigious awards for the Lenzing Group's sustainable products and services in the Annual and Sustainability Report 2023 at

https://reports.lenzing.com/annual-and-sustainability-report/2023/.

 

 

Photo download:

https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=dy9nvZrWmlfQ
PIN: dy9nvZrWmlfQ


 

Your contact for
Public Relations:
 
Dominic Köfner
Vice President Corporate Communications & Public Affairs
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
 
Phone   +43 7672 701 2743
E-mail   media@lenzing.com
Web      www.lenzing.com
 
 
Investor Relations:
 
Sébastien Knus
Vice President Capital Markets
Lenzing Aktiengesellschaft
Werkstraße 2, 4860 Lenzing, Austria
 
Telefon  +43 664 8281576
E-Mail     s.knus@lenzing.com  
Web        www.lenzing.com
 
 


 

About the Lenzing Group
 
The Lenzing Group stands for eco-responsible production of specialty fibers based on cellulose and recycled material. As an innovation leader, Lenzing is a partner of global textile and nonwoven manufacturers and drives many new technological developments. The Lenzing Group’s high-quality fibers form the basis for a variety of textile applications ranging from functional, comfortable and fashionable clothing to durable and sustainable home textiles. Due to their special properties and their botanical origin, the TÜV certified biodegradable and compostable Lenzing fibers are also highly suitable for everyday hygiene products.
 
The business model of the Lenzing Group goes far beyond that of a traditional fiber producer. Together with its customers and partners, Lenzing develops innovative products along the value chain, creating added value for consumers. The Lenzing Group strives for the efficient utilization and processing of all raw materials and offers solutions to help transform the textile industry from the current linear economic system towards a circular economy. In order to reduce the speed of global warming and thus also support the targets of the Paris Agreement and the EU Commission’s “Green Deal”, Lenzing has developed a clear science-based climate action plan that aims to significantly reduce greenhouse gas emissions by 2030 and a net-zero goal (scope 1, 2 and 3) by 2050.
 
Key Facts & Figures Lenzing Group 2023
Revenue: EUR 2.52 bn
Nominal capacity: 1,110,000 tonnes
Employees (FTE): 7,917
 
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are trademarks of Lenzing AG.

 



05.06.2024 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com


Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1918663

 
End of News EQS News Service

1918663  05.06.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1918663&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - Lenzing AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.