Lenzing AG is an Austrian company that operates in the Cellulosic Organic Fiber sector. The company is a leading producer of sustainable fibers made from wood pulp, which are used in a wide range of applications, including textiles, nonwovens, and hygiene products. Lenzing AG is committed to sustainability and has made significant investments in decarbonisation, renewable energy, and corporate energy management.

Decarbonisation is a key focus for Lenzing AG, and the company has set ambitious targets to reduce its carbon footprint. In 2019, Lenzing AG announced its intention to become carbon-neutral by 2050. To achieve this goal, the company is investing in a range of decarbonisation initiatives, including the use of renewable energy, energy efficiency measures, and the development of new, more sustainable production processes.

One of the key ways that Lenzing AG is reducing its carbon footprint is through the use of renewable energy. The company has invested in a number of renewable energy projects, including wind and solar power, to help reduce its reliance on fossil fuels. In 2019, Lenzing AG signed a corporate power purchase agreement (PPA) for a wind farm in Austria, which will provide the company with renewable energy for the next 10 years. The PPA will help Lenzing AG to reduce its carbon footprint and support the development of renewable energy in Austria.

Corporate energy management is another important focus for Lenzing AG. The company has implemented a range of energy efficiency measures to reduce its energy consumption and improve its energy efficiency. These measures include the use of energy-efficient lighting, the installation of energy-efficient equipment, and the implementation of energy management systems. Lenzing AG has also implemented a range of measures to reduce its water consumption and improve its water efficiency, including the use of closed-loop production processes and the recycling of wastewater.

In addition to its focus on decarbonisation and renewable energy, Lenzing AG is also committed to sustainability in its production processes. The company uses a closed-loop production process, which means that the water and chemicals used in the production process are recycled and reused. This helps to reduce the amount of waste generated by the production process and minimize the environmental impact of the company's operations.

Lenzing AG is also committed to transparency and traceability in its supply chain. The company works closely with its suppliers to ensure that they meet the company's sustainability standards, and it has implemented a range of initiatives to promote sustainable forestry practices. These initiatives include the use of certified wood pulp and the development of a traceability system that allows the company to track the origin of its wood pulp.

In conclusion, Lenzing AG is a leading producer of sustainable fibers made from wood pulp. The company is committed to sustainability and has made significant investments in decarbonisation, renewable energy, and corporate energy management. Lenzing AG's focus on sustainability extends to its production processes and supply chain, and the company is committed to transparency and traceability in its operations. With its ambitious targets and innovative initiatives, Lenzing AG is a leader in the Cellulosic Organic Fiber sector and a model for sustainable business practices.