The report highlights Lenzing Group's efforts towards sustainable cellulose specialty fibers. The company aims to generate as much benefit for the economy, environment, and society as possible. Lenzing Group achieved groundbreaking successes in 2023 with the modernization of its site in Indonesia and the conversion of a production line to modal fiber production at its site in China. The Lenzing Group further strengthened its financial position by increasing capital, which allows the company to enhance efficiency and resilience. Furthermore, Lenzing Group received the triple “A” rating from CDP for its leading role in transparency and performance in climate change, forests, and water security. Lenzing's key projects to advance its sustainability agenda included achieving carbon neutrality by 2050, the reduction of greenhouse gas emissions by 2030, the promotion of textile recycling, and the protection of biodiversity.
