December 22, 2024
Corporates

Lenzing Wins Platinum In EcoVadis CSR Rating

The Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has achieved platinum status in EcoVadis’ CSR rating for the fourth consecutive year. This top-tier recognition places Lenzing in the top 1% of companies globally evaluated by EcoVadis, which assesses corporate social responsibility across environment, fair working conditions and human rights, ethics, and sustainable procurement.

Lenzing demonstrated notable progress this year, particularly in sustainable procurement and ethics, and improved in labor, human rights, and certifications compared to the previous year. EcoVadis, a premier international provider of sustainability ratings, has evaluated over 130,000 companies worldwide since its founding in 2007.

Stephan Sielaff, CEO of the Lenzing Group, expressed pride in the company’s achievement, stating, “We are committed to advancing sustainability and transforming the textile industry from a linear to a circular economy. This platinum rating from EcoVadis highlights our dedication to these values and our ongoing progress.”

Aligned with its “Naturally Positive” sustainability strategy, Lenzing is focused on ambitious goals to enhance its circular economy model. The company annually updates its sustainability efforts and progress in its report, a commitment that EcoVadis recognized in its assessment.

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