Lenzing has achieved platinum status in the prestigious EcoVadis CSR rating for the third consecutive time. This recognition highlights Lenzing’s unwavering dedication to sustainable practices, firmly establishing it as a leader in corporate social responsibility.
EcoVadis, a renowned international authority in sustainability ratings for businesses, employs a comprehensive evaluation methodology that encompasses vital facets of corporate social responsibility, including environmental practices, equitable working conditions, human rights, ethical conduct, and sustainable procurement.
Being bestowed with Platinum status places Lenzing among the top one percent of companies worldwide, a testament to the company’s continuous efforts towards fostering sustainable business practices. EcoVadis, boasting a vast network of over 100,000 rated companies globally, has earned its reputation as the largest and most credible source of corporate sustainability evaluations since its inception in 2007.
“Lenzing remains deeply committed to enhancing sustainability across our industries and driving the paradigm shift from a linear to a circular economy within the textile sector. This commitment is profoundly embedded in our strategic vision and corporate ethos. I am immensely proud to receive the highest accolade from this esteemed international organization and am thrilled that the Lenzing Group has secured Platinum status for the third time,” affirms Stephan Sielaff, CEO of the Lenzing Group.
The Lenzing Group’s sustainability strategy, aptly named Naturally Positive, outlines ambitious objectives within its core strategic domains, further solidifying its journey towards adopting a circular economy model. Yearly progress updates and the implementation of corresponding measures are meticulously documented in Lenzing’s sustainability report, reflecting a commendable degree of dedication and transparency. EcoVadis acknowledged Lenzing’s comprehensive initiatives encompassing environment, ethics, labour and human rights, reaffirming the company’s proactive stance in these pivotal areas.
For a more comprehensive insight into Lenzing’s sustainability aspirations, progress, and other noteworthy accolades, readers are encouraged to explore the Sustainability Report 2022.
Lenzing’s consistent attainment of Platinum status from EcoVadis underscores its role as an industry trailblazer, motivating both peers and stakeholders to prioritize sustainable practices and contributing to the global momentum towards a more environmentally conscious and ethically responsible future.