Lenzing AG 2024 AR2
The report highlights the Lenzing Group's progress in 2024, emphasizing the validation of its net-zero targets by the Science Based Targets initiative (SBTi) to align with the 1.5-degree Celsius limit. The company successfully implemented a performance program, realizing over EUR 130 million in cost savings and improving its EBITDA by 30.4 percent to EUR 395.4 million. Key environmental achievements include the commissioning of a natural gas-fired power plant in Nanjing, China, to phase out coal, and the completion of the first phase of an upgraded wastewater treatment plant in Grimsby, UK. Additionally, Lenzing launched the 'Glacial Threads' project, utilizing biodegradable geotextiles to protect glaciers from melting.
Company: Lenzing AG
Sector: Materials
Country: Austria
Year: 2024
Type: AR2
Pages: 562
Lenzing AG
Annual Financial Report
The report highlights the Lenzing Group's progress in 2024, emphasizing the validation of its net-zero targets by the Science Based Targets initiative (SBTi) to align with the 1.5-degree Celsius limit. The company successfully implemented a performance program, realizing over EUR 130 million in cost savings and improving its EBITDA by 30.4 percent to EUR 395.4 million. Key environmental achievements include the commissioning of a natural gas-fired power plant in Nanjing, China, to phase out coal, and the completion of the first phase of an upgraded wastewater treatment plant in Grimsby, UK. Additionally, Lenzing launched the 'Glacial Threads' project, utilizing biodegradable geotextiles to protect glaciers from melting.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees