Lenzing: Investment for carbon neutral fiber production
Lenzing Investment for carbon neutral fiber production
26.06.2019 The producer of cellulosic fibers, Lenzing AG, Lenzing/Austria, will drastically reduce its CO2 footprint and will invest € 100 million over the coming years to reduce carbon emissions both inside its operational boundaries and in its supply chain.
The aim of this climate strategy is to reduce net CO2 emissions to zero by 2050. A first milestone is set for 2030, when Lenzing plans to reduce CO2 emissions per ton of product by almost 50% compared to a 2017 baseline. The total CO2 reduction of all the planned initiatives will yield 1.3 million tons.