Lenzing AG

Common Name
Lenzing
Country
Austria
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Employees
7,712
Ticker
LNZ
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
Lenzing Aktiengesellschaft is a leading manufacturer of wood-based cellulosic fibers, recognized for its innovation and dedication to sustainability in the textile and nonwoven industries. Its core bu...

Lenzing's Climate Target Data Preview

As of 2024, Lenzing has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Lenzing ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Pulp Produced/Manufactured
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a
2027
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Pulp Sold/Delivered
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a
2030

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Insights into Lenzing's Greenhouse Gas Emissions Pathways

As of 2024, Lenzing has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Lenzing have a target to reduce the emissions from its operations?

As of 2024, Lenzing has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Lenzing's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 1,770,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Lenzing is lagging behind on its operational emissions reduction target, having achieved 10.76% of the planned reduction. a

Lenzing's Operational (Scope 1+2) Emissions Pathway

2021202420300450 k900 k1.35 M1.8 MCurrent (-5%)Target 2030 (-42%)

Does Lenzing have a target to reduce the emissions from its value chain?

As of 2024, Lenzing has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Lenzing's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 1,820,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Lenzing is ahead of schedule on its value chain emissions reduction target, having achieved 72.52% of the planned reduction. a

Lenzing's Value Chain (Scope 3) Emissions Pathway

2021202420300500 k1 M1.5 M2 MBaselineCurrent (-18%)

Does Lenzing have a target to reduce its total carbon footprint?

As of 2024, Lenzing has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Lenzing's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 3,590,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 90% by 2050. a

As of 2024, Lenzing is ahead of schedule on its total carbon footprint reduction target, having achieved 12.69% of the planned reduction. a

Lenzing's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2021202420500900 k1.8 M2.7 M3.6 MBaselineCurrent (-11%)Target 2050 (-90%)
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