Alzchem Group AG receives platinum rating for sustainable corporate governance for the first time
In 2024, Alzchem once again underwent an independent CSR rating by EcoVadis, the world's largest provider of sustainability ratings for companies, and improved once again compared to 2023. In recognition of its sustainability successes, the company received the Platinum Medal for the first time as the highest award, which confirms Alzchem's responsible approach to people and the environment.
The EcoVadis methodology is based on international sustainability standards (Global Reporting Initiative, United Nations Global Compact, ISO 26000) and is monitored by a scientific panel of CSR and supply chain experts to produce reliable CSR ratings. The company's activities in the areas of environment, labour and human rights, ethics and sustainable procurement are assessed.
Sustainability has long been an essential part of Alzchem Group AG's corporate strategy - and this is paying off: With 84 out of 100 achievable points, the company is among the top 1 per cent of companies assessed by EcoVadis worldwide. This underlines the company's commitment to sustainable corporate behaviour and social responsibility. Among the various ESG topics, Alzchem achieved an almost optimal score for environmental issues as well as labour and human rights. The area of ethics confirmed its already very high rating.
Dr. Georg Weichselbaumer, CSO of Alzchem Group AG: “We are a company with over a hundred years of history and are committed to taking responsibility for the region and its people. This is why we integrate important environmental and social concerns into our business activities above and beyond the legal framework. Because we are convinced that entrepreneurial success is only possible with a sustainable corporate orientation. The platinum medal is a symbol that we are already among the top 1 per cent in this transformation process.”
Alzchem has been very proactive in ESG (Environmental, Social, Governance) measures for many years. The CO2 footprint in particular is a core issue for Alzchem. The medium-term goal is to make Alzchem climate-neutral according to Scope 1 by 2033.
Contact
Sabine Sieber
Head of Corporate Communications & Investor Relations
Alzchem Group AG
Dr.-Albert-Frank-Str. 32
83308 Trostberg
Germany
About Alzchem
Alzchem is a globally active specialty chemicals company that is one of the market leaders in most of its fields of activity. Alzchem offers answers to various global developments such as climate change, population growth and increasing life expectancy. We deliver solutions through brands and products of the highest quality and through a sustainable vision to help shape global developments.
The company sees interesting growth prospects for itself in the areas of human and animal nutrition and agriculture in particular. As a result of population growth, it is necessary to achieve efficient food production. Pharmaceutical raw materials and creatine products can contribute to a healthy old age as life expectancy increases. Alzchem is facing up to the goal of sustainability arising from climate change in the field of renewable energies and across the entire company. The fields of fine chemicals and metallurgy offer just as great a perspective.
Alzchem Group AG’s broad product range includes dietary supplements, precursors for PCR tests and pharmaceutical raw materials. These offerings are the company’s response to global trends and developments. Alzchem is ideally positioned in this respect and considers itself well prepared for an environmental future and global developments.
The company employs around 1,690 people at four production sites in Germany and a plant in Sweden, as well as three sales companies in the USA, China and England. Alzchem generated Group sales of EUR 540.6 million and EBITDA of EUR 81.4 million in 2023.