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Lenzing Achieved 1st Place in Austria’s Leading Companies (ALC) Business Competition

Lenzing Achieved 1st Place in Austria’s Leading Companies (ALC) Business CompetitionLenzing AG achieved 1st place in Austria’s Leading Companies (ALC), a business competition which was held on Wednesday, June 16, 2021. In a competition organized by PwC Austria, Die Presse newspaper, and KSV1870, a credit protection firm and business platform, Lenzing won first prize in the “Climate protection” category.

“After what was an extremely challenging year, we are especially pleased to have received this award. It’s a fantastic acknowledgment of our achievements and commitment to a sustainable way of doing business, even in difficult times. Of course, our thanks go to our 7,500 members of staff, who made this success possible”, said Robert van de Kerkhof, Member of the Managing Board at Lenzing Group.

At the ALC Awards, the company’s performance is what counts. Balance sheet figures and sales and earnings growth over the past three fiscal years, alongside a weighted system of key performance indicators, ensure that the results are objective. A carefully selected jury then decides on the final ranking across the various categories. “In these challenging times for the economy, the ALC Award offers valuable recognition and motivation for the future. In periods of crisis, innovation, moving with the times and a change of perspective are crucial”, added the organizers.

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