EANS-News

Lenzing AG / Lenzing Group's Sustainability Report for 2019 published

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Company Information

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* First fiber producer to have an approved science-based target - CO2 neutrality
by 2050
* Breakthrough in REFIBRA(TM) technology - worn textiles can also be used as
fiber raw material
* Pioneer in the introduction of blockchain technology for fiber recognition
* On track to meet all sustainability targets

Lenzing - Just ahead of the "Day of Forests" on March 21, which the FAO (Food
and Agricultural Organization of the United Nations) introduced in the 1970s in
response to global deforestation, the Lenzing Group presents its Sustainability
Report 2019 [https://www.lenzing.com/sustainability-report-2019]. This sets out
how the company is actively dealing with the global challenges.

Lenzing produces fibers from the renewable raw material wood and is well known
among its customers and partners in the global textile and nonwoven fabric
industry for the clear position it takes as a sustainable producer. It is no
accident that the new report is appearing on the International Day of Forests.
Lenzing's sustainable practices in procurement, especially for wood and pulp,
were once again ranked as leading in the 2019 reporting year (Hot Button Report
[https://hotbutton.canopyplanet.org/]).

Zwtl.: "Stand up! Against business as usual"

Under the motto "Stand up! Against business as usual", Lenzing emphasizes its
wider responsibilities over and above its products. Business-as-usual scenarios
have to be overcome, in particular for climate protection. With a science-based
target, Lenzing is taking action to master the problems caused by climate
change. The Lenzing Group is committed to reducing its greenhouse gas emissions
per ton of product by 50 percent by 2030 (baseline: 2017). The Science Based
Targets initiative has approved Lenzing's climate target as science-based.

"Climate change is the most daunting challenge humanity faces. By making the
strategic commitment to be climate-neutral by 2050, we will contribute to
reducing the speed of global warming and to accomplishing the targets of the
Paris climate agreement. Despite the substantial investment that is necessary,
we are convinced that this is not only a very responsible step but that it will
also be a value-generating move", says Stefan Doboczky, Chief Executive Officer
of the Lenzing Group. "The big challenges of our day demand new answers. Lenzing