Lenzing is first wood-based fiber producer with approved science-based targets-2

January 13, 2019

Scientific validation of Lenzing’s targets

Now a further milestone has been reached: The Science Based Targets initiative, the most recognized organization in the field of climate-relevant target setting, has scientifically validated Lenzing’s climate target.

Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered “science-based” if they are in line with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures. Lenzing is the first wood-based fiber producer, which has set a science-based target.

 “As an industry leader this is our responsibility towards future generations. It is part of our strategy to drive systemic change and to lead the industry with credibility”, says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. „Using renewable raw material wood from sustainable forests and plantations that sequester carbon is a good thing. But we have to go further than that. At Lenzing, we look beyond fiber and wood and strive to develop and implement better and greener ways of production throughout the whole supply chain and also advocate this bold approach to our industry.”

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.

Reprint from: https://www.lenzing.com/newsroom/press-releases/press-release/lenzing-is-first-wood-based-fiber-producer-with-approved-science-based-targets