EQS-News: Lenzing receives top position in the global Canopy Hot Button Ranking 2024

• Global ranking standard evaluates sustainable performance of global cellulosic fiber producers
• Lenzing once again among top companies with a score of 33 out of 40

Lenzing – The Lenzing Group, leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, achieved first place in the global 2024 Hot Button Ranking of the Canadian non-profit organization Canopy. This year, Lenzing improved its score from 32 to 33 out of 40, placing it in the “Leading in CanopyStyle commitments” category, denoted by a dark green shirt. This status reflects Lenzing’s strong leadership in sustainable practices and alignment with the highest environmental standards.

In this highly respected textile and apparel industry ranking, Canopy evaluates the performance of global producers of regenerated cellulosic fibers in the fields of sustainable sourcing, transparency, and innovation. Lenzing’s high score reflects its strong commitment to environmental and social sustainability and positions it as a reliable partner for eco-conscious brands and customers.

“We are delighted that our efforts to make continuous progress and find solutions to the most pressing challenges of our time have been recognized and appreciated,” says Rohit Aggarwal, Chief Executive Officer of the Lenzing Group. “At the same time, standards and rankings such as Canopy’s show us where we still have untapped potential and can improve further. These results motivate us to continue to do our best to take care of our customers and bring about the transformation to a green and clean industry,” says Aggarwal.

In its 2024 ranking, Canopy recognized Lenzing for its commitment to protecting ancient and endangered forests, for example. Lenzing has actively integrated next-generation fiber solutions into its production, demonstrating innovation in creating sustainable alternatives and reducing dependence on virgin resources. This positions Lenzing as a pioneer in the transformation of the industry towards circular and resource-efficient production systems. Lenzing also performed well on other criteria, such as supply chain traceability.

Click here to access the executive summary of the Canopy evaluation and find out more details.

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