Home / Knowledge / News / Textiles / Lenzing remains in VÖNIX Sustainability Index
Lenzing remains in VÖNIX Sustainability Index
05
Jul '12
Lenzing has been accepted into the VÖNIX Sustainability Index for the seventh successive year

The issue of sustainability and thus taking economic, ecological and social aspects of business operations into account has been a key success factor for companies and investors for a number of years now; new factory making it one of the largest individual industrial investments in Austria at the present time.

This project will be accompanied by considerable infrastructure investments. Moreover, once it is put into operation the TENCEL production plant will generate 110 additional highly qualified jobs in Lenzing in the long term, as well as a large number of other jobs in the region. The planning and construction of the facility also leads to a corresponding value creation.

The most sustainable companies are included in the VÖNIX index (VBV Austrian Sustainability Index) of the Vienna Stock Exchange. Lenzing was represented in this demanding index from the very beginning. This year Lenzing managed for the first time to be rated as one of the top five i.e. among the five most sustainable Austrian companies, along with BENE, BWT, Palfinger and Zumtobel.

About 60 of the largest Austrian companies listed on the Vienna Stock Exchange were analyzed and evaluated according to approximately 100 individual environmental and social criteria. 21 of these firms are included in the current VÖNIX index.

“Since the launch of the VÖNIX index in 2005, it has significantly outperformed the ATX PRIME. The fact that Lenzing is represented in this index shows us that our efforts relating to the issue of sustainability have paid off”, says Peter Untersperger, CEO of the Lenzing Group.

Lenzing AG


Must ReadView All

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X