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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search