Lenzing AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Lenzing AG disclosed greenhouse gas emissions of 2.77 million tons CO2e (Scope 1, 2 & 3). By scope: Scope 1: 1.00 million tons CO2e; Scope 2: 0.34 million tons CO2e; Scope 3: 1.43 million tons CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
2.77 million tons CO2e (Scope 1, 2 & 3)
2023
💧
Water Usage
118.8K Megaliters (total withdrawal)
2023
⚙️
Energy Use
60.89 Million GJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.00 million tons CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.0.34 million tons CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.43 million tons CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Improve Lenzing Group’s specific wastewater emissions (COD) by 20% by 2024 (baseline 2014).
  • Achieve 'aspirational' MMCF level for ZDHC wastewater and air emission guidelines at Lenzing viscose facilities by 2026.
  • Achieve 'aspirational' MMCF level for ZDHC wastewater and responsible production guidelines at Lenzing lyocell facilities by 2028.
  • Implement and annually update the Facility Environmental Module (FEM) in all pulp and fiber production facilities by 2024.

📅 Medium-term

  • Offer viscose, modal, and lyocell staple fibers with up to 50% post-consumer recycled content on a commercial scale by 2025.
  • Reduce scope 1 and 2 absolute GHG emissions by 42% and scope 3 absolute GHG emissions by 25% until 2030 (baseline 2021).

🔭 Long-term

  • Achieve at least a 90% reduction in absolute GHG emissions (scopes 1, 2, and 3) by 2050 (baseline 2021).

🌱 ESG Focus Areas

Circular economy & resourcesClimate & energyResponsible wood procurementBiodiversity & ecosystemsSustainable innovations & productsHealth & safetyHuman rights & fair labor practicesBusiness ethicsDigitalization & cyber security

⚠️ Challenges & Risks +

  • Continued low demand for cellulosic fibers and lower prices.
  • Continued sharp increase in raw material and energy costs.
  • Geopolitical tensions and devastating natural disasters impacting economic activity.
  • Slower than expected market recovery.
  • Risks of wood unavailability due to forest degradation.
  • Reputational risk in the textile sector.
  • Chronic physical climate risks (extreme weather, water scarcity).
  • Increased biomass costs.
  • Potential regulatory, technology, market and corporate reputational risks.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, ESRS
Assurance: KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft