#Sustainability

2020-09-24

Lenzing Group further improves its sustainability rating

In its latest report, ISS ESG, one of the most recognized rating agencies in the field of sustainability, raised the Lenzing Group’s sustainability rating from “C+” to “B-”, the highest rating in the category “Paper & Forest Products“, positioning the Lenzing Group among the top 10 percent of rated companies. The “Prime Status” of the Lenzing Group has also been confirmed.

The Lenzing Group was raised to “B-” by the sustainability rating agency ISS ESG and awarded “Prime Status”.

“The top performance in the ISS ESG ranking is a great recognition of our work. We are proud to be among the absolute top companies in the world when it comes to sustainable business”, says Stefan Doboczky, CEO of the Lenzing Group.

An essential part of the Lenzing Group’s strategy are its ambitious climate goals. In 2019, Lenzing was the first fiber manufacturer in the world to make a strategic commitment to climate-neutral production. This vision is to be put into practice by 2050. By 2030, the company is aiming for the interim goal of reducing emissions by 50 percent per ton of product compared to 2017. The Science Based Targets Initiative, the most recognized organization in the field of climate-relevant target setting, has scientifically confirmed the climate targets of the Lenzing Group.

ISS ESG is one of the leading agencies for sustainability ratings internationally and currently covers more than 8,000 issuers worldwide. The assessment of sustainability performance is based on more than 800 individual indicators in the areas of environmental, social and governance (so-called ESG criteria) performance. 40 companies from all over the world are rated in the “Paper & Forest Products” category. The best rating in this category is “B-“.

Lenzing reports improved half-year results and advances strategic transformation

Despite a persistently challenging market environment in the first half of 2026, characterized by volatile energy and raw material prices, subdued global consumer demand and intensified competition from Asia, the Lenzing Group significantly improved its financial performance. Net result after tax more than doubled to EUR 35.6 million, compared with EUR 15.2 million in the first half of 2025. Free cash flow increased to EUR 45.8 million, while EBITDA amounted to EUR 239.2 million. Revenue totaled EUR 1.27 billion, compared with EUR 1.34 billion in the previous year.

WHILL selects Teijin’s tough, lightweight Carbon Fiber Composite for new last-mile mobility

Teijin Limited announced today that WHILL Inc., a global leader in inclusive mobility technology, has selected Sereebo® P CFP series, a carbon fiber-reinforced thermoplastic (CFRTP) material, for key structural components of the upcoming WHILL Model C Lite. Sereebo® P CFP series provides high strength, light weight, design flexibility and system cost advantages to the Model C Lite, which is a battery powered, single-seat, last-mile device. This new model combines maneuverability with light weight and one-handed folding to ensure ease of handling and operation.

Execs help steer Cascale’s consumer goods agenda in Athens

The 2026 Cascale Annual Meeting, taking place September 15–17 in Athens, Greece, will convene leaders from across the global consumer goods value chain to tackle one of the industry’s defining questions: how to accelerate meaningful, system-wide transformation. Guiding those conversations as this year’s co-chairs are Sean Cady, vice president, global sustainability, responsibility, trade, and government affairs at VF Corporation, and Dr. Delman Lee, vice chair at TAL Apparel Limited.

SAITEX reports efficiency gains and greater transparency in 2025 Impact Report

Vietnam-based denim manufacturer SAITEX has published its 2025 Impact Report, documenting progress in resource efficiency, chemical management, digital traceability and knowledge sharing across its manufacturing operations in Vietnam and the United States. Rather than focusing on sustainability ambitions, the report presents operational data, manufacturing developments and lessons learned from the past year.

Cotton Brazil Dialogues 2026 concludes with 50 international participants immersed in Brazilian cotton production

The Cotton Brazil Dialogues concludes its 2026 edition after a series of technical visits to farms, cotton gins and reference centers, as well as workshops focused on Brazilian cotton production. A total of 50 participants from 14 countries took part in the field trips. The initiative is led by the Brazilian Association of Cotton Growers (Abrapa) and the National Association of Cotton Exporters (Anea), with support from the Brazilian Trade and Investment Promotion Agency (ApexBrasil).

Novel flame-retardant and recyclable fiber-reinforced composite

Airplanes and passenger trains must meet strict safety requirements, including fire safety standards. This calls for materials that are flame-retardant, lightweight, robust, and scalable. Empa researchers, in collaboration with their industry partner Elantas, have now succeeded for the first time in making such a material – a composite – fully recyclable.

ZymoChem secures $4 million in renewed federal funding to advance U.S. biomanufacturing of critical materials and their supply chains

ZymoChem, the specialty chemicals company dedicated to bringing decarbonization, sustainability, and supply chain resiliency to the chemical industry through innovative biological manufacturing, today announced the resumption and expansion of its federal research portfolio. The company has been notified that previously paused work under a $5 million U.S. Department of Energy (DOE) program is officially back on, to be joined by continuing collaborations with three of the nation's premier national laboratories.