The Lenzing Group, a prominent global producer of regenerated cellulosic fibers, has announced a significant update to its climate targets in alignment with the Paris Agreement's objectives. Verified by the Science Based Targets Initiative (SBTi), Lenzing is now the sole producer in its industry with scientifically endorsed net-zero goals.
With a commitment to limiting the human-induced global temperature rise to 1.5 degrees Celsius, Lenzing aims to slash its direct emissions (scope 1) and those from purchased energy (scope 2) by 42 per cent by 2030, along with a 25 per cent reduction in indirect emissions (scope 3) from the 2021 baseline. This represents a substantial increase from previous targets, with an absolute reduction goal of 1.1 million tons, up from 700,000 tons.
Lenzing's CEO, Stephan Sielaff, emphasized the company's dedication to driving positive change in the textile and nonwovens industries while ensuring long-term success. Echoing this sentiment, Christian Skilich, Chief Pulp Officer and Chief Technology Officer, highlighted Lenzing's pivotal role in meeting the 1.5 degree limit and affirmed their commitment to continuous investment in energy efficiency and technological advancements.
Recognized by the SBTi, Lenzing's updated targets encompass a net-zero commitment by 2050 and near-term goals for significant emissions reductions by 2030. These targets replace previous ones set in 2019 and underscore Lenzing's proactive approach to combatting climate change.
The company is implementing sustainable measures to achieve these targets, including substantial investments in converting and modernizing production sites in Asia. Notably, Lenzing is transitioning its facilities in China and Indonesia to 100 per cent renewable energy sources and investing in energy independence and emissions reduction at Austrian sites.
Through initiatives like acquiring biomass power plants and securing long-term wind power contracts, Lenzing demonstrates a robust commitment to sustainable practices and environmental stewardship in its operations.
