EANS-News

Lenzing AG / CDP, the gold standard of environmental reporting, names Lenzing as one of the most sustainable companies worldwide

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Lenzing is one of only 14 companies worldwide that were recognized with an
outstanding triple "A" for environmental leadership in climate change, water
security and forests.

Company Information

Lenzing - The Lenzing Group, a world-leading provider of wood-based specialty
fibers, has been recognized for leadership in corporate sustainability by global
environmental non-profit organization CDP, securing a place on its prestigious
"A List" for tackling climate change as well as acting to protect water security
and forests.

Through significant demonstrable action on climate, water security risks and
deforestation, Lenzing is leading on corporate environmental ambition, action
and transparency worldwide. The world's economy looks to CDP as the gold
standard of environmental reporting with the richest and most comprehensive
dataset on corporate and city action. In 2021, over 590 investors with over USD
110 trillion in assets and 200 major purchasers with USD 5.5 trillion in
procurement spend requested companies to disclose data on environmental impacts,
risks and opportunities through CDP's platform. A record-breaking 13,000
companies responded.

"We are very proud to have even topped our excellent ratings from the previous
year. The triple 'A' rating shows that we are already on a very good path with
our sustainability strategy, and it encourages us for the future to remain true
to this path and to continue to develop in order to be able to welcome a CO2-
neutral future as soon as possible", says Cord Prinzhorn, CEO of the Lenzing
Group. "The textile and nonwoven industry has to change and we strongly believe
that we cannot be complacent about the inherent climate advantage of wood-based
cellulosic fibers. This is why we have set ourselves ambitious sustainability
targets and are making huge investments in order to meet them," says Prinzhorn.

Paul Simpson, CEO of CDP, said: "Many congratulations to all the companies on
this year's 'A' List. Taking the lead on environmental transparency and action
is one of the most important steps businesses can make, even more so in the year
of COP26 and the IPCC's Sixth Assessment Report. The scale of the risk to
businesses from climate change, water insecurity and deforestation can no longer