Lenzing
Lenzing 
The producer of cellulosic fibers, Lenzing AG, Lenzing/Austria, a member of the CEO Climate Leaders Group of the World Economic Forum and a signatory to the United Nations Fashion Industry Charter for Climate Action, has announced that it will drastically reduce its CO2 footprint.
A first milestone is set for 2030, when Lenzing plans to cut down on CO2 emissions per ton of product by 50% compared to a 2017 baseline. For 2050 Lenzing has announced a vision towards net-zero CO2 emissions.
Now, the Science Based Targets initiative has scientifically validated Lenzing’s climate target. Targets adopted by companies to reduce greenhouse gas emissions are considered “science-based” if they are in line with the level of decarbonization required to keep global temperature increase below 2°C compared to pre-industrial temperatures. Lenzing is the first wood-based fiber producer that has set a science-based target.
Currently, 713 leading companies worldwide and 9 companies in Austria have committed to science-based targets. Only 305 of them have approved science-based targets.
Now, the Science Based Targets initiative has scientifically validated Lenzing’s climate target. Targets adopted by companies to reduce greenhouse gas emissions are considered “science-based” if they are in line with the level of decarbonization required to keep global temperature increase below 2°C compared to pre-industrial temperatures. Lenzing is the first wood-based fiber producer that has set a science-based target.
Currently, 713 leading companies worldwide and 9 companies in Austria have committed to science-based targets. Only 305 of them have approved science-based targets.
