Platinum EcoVadis award for Lenzing

Category: FIBRES

Country: Austria

Written by Haydn Davis
07th August 2023

Lenzing – Lenzing has been awarded platinum status in the EcoVadis CSR rating with the accreditation firm recognising the cellulosic fibre manufacturer's recent work to further strengthen its path from a linear to a circular economy model.

The rating comprehensively covers the four most important practices in the area of corporate social responsibility: environment, fair working conditions and human rights, as well as ethics and sustainable procurement and puts Lenzing in the top 1% of companies worldwide rated by EcoVadis.

“At Lenzing, we are working hard to make our industries more sustainable and to drive the transformation of the textile business model from a linear to a circular economy model," Stephan Sielaff, CEO of the Lenzing Group said. "This attitude is firmly anchored in our strategy and corporate values. I am therefore particularly pleased to receive the highest rating from the internationally renowned organization and am proud that we as the Lenzing Group have now been awarded Platinum status for the third time.”

In line with its sustainability strategy “Naturally positive”, the Lenzing Group has set ambitious targets in each of its core strategic areas to further strengthen its path from a linear to a circular economy model.

This level of commitment and transparency was particularly positively highlighted by EcoVadis in its assessment. The rating provider also emphasised the Lenzing Group's comprehensive measures in the areas of environment, ethics, and labour and human rights.

Courtesy: knittingtradejournal.com