Lenzing AG

Common Name
Lenzing
Country
Austria
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Employees
7,659
Ticker
LNZ
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
Lenzing AG is a globally recognized manufacturing company known for its production of high-quality fibers, particularly from sustainable raw materials. As a pioneer in environmentally responsible prac...

Lenzing's GHG Emissions Data Preview

In 2024, Lenzing completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Lenzing has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Lenzing's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Lenzing amounted to 2,080,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Lenzing increased by 14.92%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Lenzing's Scope 1 Emissions Over Time

20182019202020212022202320240350 k700 k1.05 M1.4 MtCO2e-4%-20%+41%-12%+7%+9%
  • Total Scope 1
  • Year-over-Year Change

What are Lenzing's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Lenzing were 1,280,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Lenzing reduced its Scope 1 emissions over time?

Since 2018, Lenzing's Scope 1 emissions have increased by 11.3%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Lenzing's Scope 1 emissions increased by 9.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Lenzing's Scope 2 emissions?

In 2024, Lenzing reported Scope 2 greenhouse gas (GHG) emissions of 400,000 tCOâ‚‚e using the market-based method, and 800,000 tCOâ‚‚e using the location-based method.

Has Lenzing reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Lenzing's Scope 2 emissions (Location-Based) rose by 25% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Lenzing use for Scope 2 reporting?

In 2024, Lenzing reported its Scope 2 emissions using the market-based method and using the location-based method.

Lenzing's Scope 2 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Lenzing's Value Chain Emissions

In 2024, Lenzing reported 1,540,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Lenzing includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Lenzing's Scope 3 Emissions Over Time

20182019202020212022202320240500 k1 M1.5 M2 MtCO2e-4%-24%+29%-20%-8%+12%
  • Total Scope 3
  • Year-over-Year Change

What are Lenzing's Scope 3 emissions?

In 2024, Lenzing reported total Scope 3 emissions of 1,540,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 97.4% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.6% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Lenzing reduced its Scope 3 emissions over time?

Since 2018, Lenzing's Scope 3 emissions have decreased by 22.61%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Lenzing's Scope 3 emissions increased by 11.59%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Lenzing disclose?

In 2024, Lenzing reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Lenzing's Scope 3 emissions?

In 2024, the largest contributors to Lenzing's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 920,000 tCOâ‚‚e (59.74%)
  • Fuel- and Energy-Related Services (Cat. 3): 250,000 tCOâ‚‚e (16.23%)
  • Downstream Transportation and Distribution (Cat. 9): 190,000 tCOâ‚‚e (12.34%)

Lenzing's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(12.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(16.2%)Purchased Goods andServices (Cat. 1)(59.7%)

Insights into Lenzing's Total Carbon Footprint

In 2024, Lenzing reported a total carbon footprint of 3,620,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.48% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Lenzing's total carbon footprint was Scope 3 emissions, accounting for 42.54% of the company's total carbon footprint, followed by Scope 1 emissions at 35.36%.