EQS-News  109  0 Kommentare Lenzing again receives top sustainability ratings from MSCI and SAC Higgs FEM

• With an ”AA“ rating, Lenzing is among the top eight percent of the industry worldwide
• First SAC Higgs FEM verification delivered excellent results

Lenzing – The Lenzing Group, a leading global supplier of specialty fibers for the textile and nonwovens industries, has once again been recognized for its sustainability performance and its active contribution to transforming the industry towards a circular economy. The rating agency MSCI awarded Lenzing an “AA” rating for the third time in a row, placing Lenzing among the top eight percent of rated companies in its peer group. In addition, Lenzing participated for the first time in the SAC Higgs FEM verification to assess the environmental impact of product manufacturing at its sites and achieved excellent positive results.

According to the rating agency MSCI, Lenzing continues to lead the way among global companies in terms of governance structures. In addition, MSCI highlights Lenzing’s leadership in implementing strong initiatives to mitigate the risk of environmental liabilities associated with the release of toxic pollutants and highlights its strong water stewardship program, which includes a water risk assessment. The confirmation of the “AA” rating from MSCI ESG enables Lenzing to further reduce its interest expense. In November 2019, Lenzing placed a bonded loan in the amount of around EUR 500 mn, which is linked to the company's sustainability performance. In line with its commitment under the bonded loan, the company will donate the entire interest expense it saves thanks to the “AA” rating to a social-ecological project.

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