Algol Group’s first Sustainability Report has been published

Press Release 6.4.2023

Algol Group's Sustainability Report for 2022 has been published. The Group is now reporting on its sustainability for the first time, and the report covers the companies wholly owned by the Group. The Sustainability Report has been compiled with reference to the GRI Standards (Global Reporting Initiative).

Sustainability work has been done at the Group level in Algol for a long time. During recent years, sustainability has been an even stronger part of the strategies and day-to-day operations of the Group’s subsidiaries as well. Short-term sustainability targets have been defined for all companies within the Algol Group for 2022-2024. The Algol Group is also committed to promoting the UN Sustainable Development Goals in its operations. 

“I am very happy that the Algol Group’s first comprehensive Sustainability Report has been compiled. Overall, the report provides an excellent picture of the kind of company that Algol is and the kind of company that we want to be. Compiling the Sustainability Report also helps us to view our operations from partly new perspectives, which in turn helps us to develop”, says Alexander Bargum, CEO of the Algol Group. 

The Algol Group’s Sustainability Report for 2022 can be read on our website.

More information

Tor Edgren, Group Sustainability Manager, tel. +358 50 525 7625
Nina Hedberg, Communications Manager, tel. +358 50 533 5426 

Algol in brief

Algol is a Finnish family-owned business and a multi-branch company. We work together with a global network of partners responsibly and with almost 130 years of experience. Our solutions improve the quality of industrial production and ensure smooth operations. In the healthcare sector Algol’s solutions promote the conditions for healthy living.

The Algol Group had net sales of 233 million euros in 2022. We employ almost 500 professionals in ten countries.