EANS-News: Lenzing AG / Lenzing Group further improves its sustainability rating CNE

Monday, 21. September 2020 08:00
  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.

The Lenzing Group was raised to "B-” by the sustainability rating agency ISS ESG
and awarded "Prime Status”.

Analysts Comments/Company Information

Lenzing - In its latest report, ISS ESG, one of the most recognized rating
agencies in the field of sustainability, raised the Lenzing Group's
sustainability rating from "C+" to "B-", the highest rating in the category
"Paper & Forest Products", positioning the Lenzing Group among the top 10
percent of rated companies. The "Prime Status" of the Lenzing Group has also
been confirmed.

"The top performance in the ISS ESG ranking is a great recognition of our work.
We are proud to be among the absolute top companies in the world when it comes
to sustainable business", says Stefan Doboczky, CEO of the Lenzing Group.

An essential part of the Lenzing Group's strategy are its ambitious climate
goals. In 2019, Lenzing was the first fiber manufacturer in the world to make a
strategic commitment to climate-neutral production. This vision is to be put
into practice by 2050. By 2030, the company is aiming for the interim goal of
reducing emissions by 50 percent per ton of product compared to 2017. The
Science Based Targets Initiative, the most recognized organization in the field
of climate-relevant target setting, has scientifically confirmed the climate
targets of the Lenzing Group.

ISS ESG is one of the leading agencies for sustainability ratings
internationally and currently covers more than 8,000 issuers worldwide. The
assessment of sustainability performance is based on more than 800 individual
indicators in the areas of environmental, social and governance (so-called ESG
criteria) performance. 40 companies from all over the world are rated in the
"Paper & Forest Products" category. The best rating in this category is "B-".

Photo download [https://mediadb.lenzing.com/pinaccess/
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Further inquiry note:
Filip Miermans
Vice President Corporate Communications & Public Affairs
Lenzing AG
Phone: +43 664 8477802
E-mail: f.miermans@lenzing.com

end of announcement                         euro adhoc

issuer:       Lenzing AG

A-4860 Lenzing
phone:        +43 7672-701-0
FAX:          +43 7672-96301
mail:         office@lenzing.com
WWW:          http://www.lenzing.com
ISIN:         AT0000644505
indexes:      WBI, ATX
stockmarkets: Wien
language:     English

EAX0003    2020-09-21/08:00

Related Links: Lenzing AG
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