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.

© Photo: Lenzing
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.