For the fifth consecutive year, Lenzing has received Platinum status in EcoVadis' sustainability rating, placing the company among the top one percent of companies worldwide assessed by the sustainability rating provider. This achievement underscores Lenzing's role as a global benchmark for sustainability performance and demonstrates the consistent implementation of the company's ESG strategy. Rohit Aggarwal, CEO of Lenzing Group, emphasized that this recognition represents more than just acknowledgment but serves as proof of leadership in sustainability standards.
This year, Lenzing achieved its strongest progress in the areas of labor and human rights and ethics, confirming the company's continuous commitment to people, integrity and responsible growth. The recognition strengthens Lenzing's international visibility in an increasingly ESG-driven market environment, where sustainability performance has become a critical factor for business success. Details on the company's sustainability goals, progress, and rankings are available in the current online sustainability report.
Since its founding in 2007, EcoVadis has become the world's largest and most trusted provider of sustainability ratings for companies, creating a global network of more than 150,000 rated companies. The organization's methodology covers environment, labor and human rights, ethics, and sustainable procurement - areas in which Lenzing continues to deliver measurable results. The consistent Platinum ratings demonstrate Lenzing's ability to maintain high standards across all these critical sustainability dimensions year after year.
The Lenzing Group's business model extends beyond traditional fiber production, focusing on the responsible production of specialty and premium fibers based on regenerated cellulose. As an innovation leader, Lenzing partners with global textile and nonwoven manufacturers to drive technological developments while maintaining strong sustainability credentials. The company's commitment to limiting climate change aligns with the goals of the Paris Agreement, featuring a science-based climate action plan that provides for significant reduction in greenhouse gas emissions by 2030 and a net-zero target by 2050.
This fifth consecutive Platinum rating reinforces Lenzing's position as a sustainability leader in the textile and fiber industry, where environmental and social responsibility have become increasingly important to consumers, investors, and business partners. The achievement demonstrates that sustainability can serve as a strategic and measurable value driver for companies operating in resource-intensive industries, providing a competitive advantage in markets that increasingly prioritize ESG performance.
