The Lenzing Group, the world’s leading supplier of wood-based specialty fibers has released its sustainability report 2021.
The report emphasizes the company’s focus on carefully balancing its needs with those of nature in the spirit of the circular economy.
Robert van de Kerkhof, member of the managing board of Lenzing Group said, “Our innovations in relation to the circular economy and biodegradability stem from a deep sense of responsibility to our planet and a desire to act in ways that future generations can be proud of.”
Along with the implementation of the two key projects in Brazil and Thailand, as well as with the investments at the existing Asian sites in China and Indonesia amounting to €200 million, Lenzing continues to march purposefully toward Group-wide climate neutrality.
Notably, Lenzing is the first fiber manufacturer to set a target to reduce its carbon emissions by 50 percent by 2030 and to be net-zero by 2050.
Also, this carbon reduction target has been verified and approved by the Science Based Targets (SBT) initiative.
According to the company, the partnership with Swedish pulp producer Södra marks a further milestone in Lenzing’s efforts to realize its ambitious climate and sustainability goals.
An expansion of capacities for pulp recovery from waste textiles is also planned. The goal is to be able to recycle 25,000 tons of used textiles per year by 2025.
Again that, Lenzing is taking new, innovative paths in terms of its non-financial reporting. It will offer its sustainability report in digital form from 2022.
Dominic Köfner, vice president corporate communications and public affairs said, “We have set ourselves the goal of also reflecting Lenzing’s high level of innovation in terms of its communications, and we are breaking new and innovative ground in this area.”
Besides, they are pleased to be able to present their reports in digital and thereby interactive form for the first time. This not only makes their reporting more user-friendly, but also takes place exactly where the majority of their users are online.
