Validation of climate targets by Science Based Targets initiative
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.