Lenzing Maintains Elite EcoVadis Platinum Rating for Fifth Consecutive Year
Lenzing Group has secured EcoVadis' Platinum sustainability rating for the fifth consecutive time, placing it among the top 1% of rated companies globally and reinforcing its position as an industry benchmark in environmental, social, and governance performance.
The Lenzing Group has achieved Platinum status in the EcoVadis sustainability rating for the fifth consecutive year, positioning the company among the top one percent of companies worldwide assessed by EcoVadis. This sustained recognition underscores Lenzing's role as a global benchmark for sustainability performance in an increasingly ESG-driven market environment.
"Five consecutive platinum ratings - that is more than recognition, it is proof of leadership. We don't just follow standards, we set them. At Lenzing, sustainability is a strategic and measurable value driver - for our company, our partner and for society," said Rohit Aggarwal, CEO of Lenzing Group. This year, Lenzing demonstrated its strongest progress in the areas of labor & human rights and ethics, confirming the company's continuous commitment to people, integrity and responsible growth.
The consistent implementation of Lenzing's ESG strategy has strengthened its international visibility as markets increasingly prioritize environmental, social, and governance factors. Since its founding in 2007, EcoVadis has become the world's largest and most trusted provider of sustainability ratings for companies, creating a global network of more than 150,000 rated companies. Its comprehensive methodology covers environment, labor & human rights, ethics, and sustainable procurement - areas where Lenzing continues to deliver measurable results.
Details on Lenzing's sustainability goals, progress, and rankings can be found in the current online sustainability report. The company's business model extends beyond traditional fiber production, focusing on developing innovative products along the value chain and driving the transition of the textile industry from a linear economic system to a circular economy. Lenzing's science-based climate action plan aligns with the Paris Agreement goals, targeting significant greenhouse gas emission reductions by 2030 and net-zero emissions by 2050.