The Algol Group’s shared values and Code of Business Conduct create the basis for our operations and determine the way we conduct our day-to-day business. Our Health, Safety and Environment policy as well as Quality policy guide our employees in their practical responsibility work.

The Group’s responsibility targets focus on employees, the environment and responsible business operations. In addition, our subsidiaries have defined responsibility targets relevant to their own business operations. The work took into consideration the results of a stakeholder survey, according to which issues such as product safety and supply chain traceability have become increasingly important to our customers.

In 2021, we introduced our Supplier Code of Business Conduct for both suppliers and subcontractors.

Algol Group's Sustainability Report 2023.

Find out more about the Algol Group’s responsibility targets for 2022-2024

Financial responsibility

By operating profitably we create the foundation for the continued operations of our company and the wellbeing of all employees.

Social responsibility

As a family enterprise we foster entrepreneurship, smooth collaboration and the ability to react rapidly. Our committed and responsible employees work in accordance with our values.

Environmental responsibility

We minimise the environmental impact of our operations and use natural resources efficiently. We continuously improve our practices and guidelines. We make sure that all employees are aware of these guidelines and their implications for their work.

208

M€, Net sales 2023

77.6

%, CoBC signature rate rate

94.2

%, Review and target setting discussions

1

Whistleblowing cases

Algol donates 40,000 euros to UNICEF and Red Cross to support victims of war in Ukraine

Algol Chemicals receives EcoVadis Gold Sustainability Certificate

EcoVadis has awarded Algol Chemicals a Gold level rating. In the past, the company has had a bronze level rating, and the ratings now improved, especially in the ethics and sustainable procurement scores.