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    EANS-News  321  0 Kommentare Lenzing AG / Lenzing ranked first by Canopy for sustainable wood sourcing

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    Corporate news transmitted by euro adhoc with the aim of a Europe-wide
    distribution. The issuer is responsible for the content of this announcement.
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    * Re-confirms Lenzing?s responsible procurement of wood
    * Underpins role as a leader in sustainability
    * Lenzing helps preserve global forests and biodiversity

    Company Information

    Lenzing - The Lenzing Group has once again been rated the number one producer of
    wood-based fibers (out of 31 globally) in the world with respect to the
    responsible procurement of wood, the key raw material in cellulose fiber
    production. This is the conclusion of the Hot Button Report published recently
    by the Canadian environmental organization Canopy.

    "We are proud of this top ranking. It underpins our role as a leader in
    sustainability and gives our customers confidence that we have the right
    practices in place to prevent the use of wood and pulp from ancient and
    endangered forests", says Stefan Doboczky, Chief Executive Officer of Lenzing.
    "Sustainable wood and pulp sourcing has long been given the highest priority by
    the Lenzing Group. Forest protection is crucial for Lenzing, not least because
    of the loss of biodiversity and climate change, which are becoming ever more
    important issues."

    Responsible sourcing and sustainability are key elements of Lenzing's corporate
    strategy. They help preserve global forests and prevent deforestation, which in
    turn make a substantial contribution to climate protection.

    The Hot Button Report proves once more that there is a low risk for buyers using
    Lenzing fibers. Lenzing was one of the first wood-based fiber producers to
    complete and publicly release the results of its CanopyStyle Audit in 2017
    confirming this. In 2019, the company will complete its second annual audit.

    Zwtl.: Lenzing's achievements

    In 2018, Lenzing adopted additional due diligence measures when sourcing from
    high-risk countries, a decision positively noted by Canopy.

    Lenzing's innovative TENCEL(TM) Lyocell fibers with REFIBRA(TM) technology, in
    which cotton scraps are partly used as a raw material, have been welcomed by the
    market as a product that takes pressure off the use of wood as a raw material.
    REFIBRA(TM) technology is the most advanced concept in the wood-based fiber
    market that clearly incorporates circular economy features on a commercial
    level.

    Canopy also praised Lenzing for using its influence to help advance a
    conservation legacy in the heart of Canada's boreal forest. Lenzing communicated
    its support and encouragement for formal protection of the Broadback Forest to
    government and First Nation decision makers.

    Photo download:
    https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=tTZhf8nw5L1G [https://
    mediadb.lenzing.com/pinaccess/showpin.do?pinCode=tTZhf8nw5L1G]
    PIN: tTZhf8nw5L1G



    Further inquiry note:
    Lenzing AG
    Mag. Waltraud Kaserer
    Vice President Corporate Communications & Investor Relations
    Tel.: +43 7672 701-2713
    mailto: w.kaserer@lenzing.com

    end of announcement euro adhoc
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    issuer: Lenzing AG

    A-A-4860 Lenzing
    phone: +43 7672-701-0
    FAX: +43 7672-96301
    mail: office@lenzing.com
    WWW: http://www.lenzing.com
    ISIN: AT0000644505
    indexes: WBI, ATX
    stockmarkets: Wien
    language: English





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    EANS-News Lenzing AG / Lenzing ranked first by Canopy for sustainable wood sourcing - Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. - * Re-confirms Lenzing?s responsible procurement of wood * Underpins role as a leader in …

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