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Fibres/​Yarns/​Fabrics

Lenzing in the top 1%

EcoVadis evaluates over 130,000 companies for CSR performance.

14th August 2024

Innovation in Textiles
 |  Lenzing, Austria

Clothing/​Footwear, Sustainable

The Lenzing Group has been awarded platinum status in the EcoVadis CSR (corporate social responsibility) rating for the fourth year in a row.

The CSR rating comprehensively covers the four most important practices in the areas of environment, fair working conditions and human rights, ethics, and sustainable procurement.

This puts Lenzing in the top 1% of the more than 130,000 companies rated by EcoVadis worldwide. Lenzing achieved the greatest progress this year in the categories of sustainable procurement and ethics. It has also outperformed its previous year in the areas of labor and human rights as well as certifications.

Since its foundation in 2007, EcoVadis has developed into the world’s largest and most trusted provider of sustainability ratings for companies and has created a global network. Its methodological framework evaluates company policies, measures and activities, as well as their published reports.

“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,” says Stephan Sielaff, CEO of the Lenzing Group. “This approach is firmly anchored in our strategy and corporate values. I am therefore particularly pleased about the highest rating from the internationally renowned organisation and proud that we have now been awarded platinum status for the fourth time.”

www.lenzing.com

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