Alzchem Group AG
Climate Impact & Sustainability Data (2022, 2023-01 to 2023-03)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:110,000 tCO2e/year (Scope 1 in 2022)
Scope 1 Emissions:110,000 tCO2e/year (2022)
ESG Focus Areas
- Climate Change
Environmental Achievements
- Reduced CO2 emissions by up to 50,000 tonnes annually through CO2 recycling into the production process.
- Continuously increased energy from heat recovery over the past three years.
- Kept dust emissions at a very low level.
- Significantly reduced NOx emissions over the last ten years.
Social Achievements
- Awarded Gold Medal by EcoVadis in 2023 for CSR performance.
- EMAS-registered since 1997, producing an annual environmental statement.
- Company cars for employees can only be ordered as pure electric vehicles or as far-reaching plug-in hybrids.
- Free of charge e-charging stations for company electric or hybrid vehicles using green electricity since December 2020.
Governance Achievements
- Developed a comprehensive climate roadmap with concrete packages of measures, developed by the board of directors together with an internal sustainability committee.
Climate Goals & Targets
Long-term Goals:
- Achieve complete climate neutrality in 2033 (Net Zero).
Short-term Goals:
- Reduce direct CO2 emissions (Scope 1) by 75% by 2030.
Environmental Challenges
- Reducing Scope 1 emissions (direct emissions within the company) by 75% by 2030 and achieving complete climate neutrality in 2033.
Mitigation Strategies
- Four packages of measures: CO2 liquefaction/use of CO2 as raw material; sustainable raw material management; heat recovery; efficiency improvements.
Supply Chain Management
Supplier Audits: Regular comprehensive supplier and customer audits that also focus on environmental and climate aspects.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: EMAS
Sustainable Products & Innovation
- Eminex® (reduces methane, CO2, and nitrous oxide emissions)
- Creamino® (reduces feed consumption, leading to CO2 savings)
Awards & Recognition
- EcoVadis Gold Medal (2023)
Reporting Period: 2023-01 to 2023-03
Environmental Metrics
Total Carbon Emissions:110,000 tCO2e (2022 base)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Sustainability
Environmental Achievements
- Achieved gold medal from EcoVadis for sustainability, ranking in the top 2% of companies assessed.
- Developed a climate roadmap aiming for climate neutrality by 2033, targeting a CO2 reduction of around 90,000 tons by 2030 (more than 75% of 2022 emissions).
Social Achievements
- Improved EcoVadis score on labor and human rights.
- Transferred treasury shares to certain employee groups as part of variable remuneration.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Achieve climate neutrality by 2033.
Medium-term Goals:
- Reduce CO2 emissions by approximately 90,000 tons by 2030.
Short-term Goals:
- Not disclosed
Environmental Challenges
- High raw material and energy costs.
- Decline in demand, particularly in the Basics & Intermediates segment due to price increases.
- Strong competition, especially from China, in electricity-intensive product areas.
- Customers switching to cheaper competitor products.
Mitigation Strategies
- Implementing price increases to compensate for cost increases.
- Analyzing low-margin products to determine whether to forego volumes rather than compete with Chinese prices.
- Focusing on high-margin product areas.
- Reducing inventories.
- Successful refinancing of EUR 30 million.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- EcoVadis Gold Medal