EQS-News

Lenzing again receives top sustainability ratings from MSCI and SAC Higgs FEM - Seite 2

 

“I am proud that Lenzing is among the top eight percent of the world’s most sustainable companies. At Lenzing, we are working hard to make our industries even more sustainable and to drive the transformation of the textile business model from a linear to a circular economy model. This approach is firmly anchored in our strategy and corporate values. I am therefore particularly pleased about the MSCI rating and that we as the Lenzing Group have also achieved excellent results in the SAC Higgs FEM,” says Stephan Sielaff, CEO of the Lenzing Group.

 

SAC is an alliance of the apparel, footwear and textile industries in which Lenzing is an active member. Lenzing has achieved outstanding results in the Facility Environmental Module (FEM) assessment. The Higgs FEM is a revolutionary tool for assessing the environmental impact of product manufacturing in factories and provides a clear picture of the environmental impact of a facility. Every stage of the production process is captured with this tool - from water consumption and waste management to the use of chemicals and energy. This not only identifies hotspots for improvement, but also reduces redundancies, mitigates risks and creates a common language for communicating sustainability to stakeholders.

 

By November 2023, all Lenzing sites, with the exception of the sites in Brazil and Thailand, which are however scheduled for 2024, have completed the first external verification of the module with excellent results. With almost 20,000 participating companies from different sectors of industry, which achieved less than 50 percent in total average in 2023, Lenzing sites achieved verified scores of more than 70 percent to 95 percent.

 

 

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Your contact for Public Relations:   Dominic Köfner Vice President Corporate Communications & Public Affairs Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing, Austria   Phone   [phone] E-mail    [e-mail]