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Environmental responsibility

We aim to be a customer-oriented, sustainable and reliable partner for our stakeholders. At
Algol Group, the key areas of environmental responsibility are climate change, pollution, and

resource use and the circular economy.

Find out more about Algol’s environmental responsibility in our Sustainability Statement.

Climate change

In line with our Code of Business Conduct, we continuously analyse our carbon footprint, with the goal of achieving carbon neutrality.

Algol ensures that all Group companies have first mapped their emissions, climate targets and plans, after which the Group-wide long-term plan to limit global warming to 1.5 °C in line with the Paris Agreement will be defined.

The Algol Group’s Scope 1 and 2 emissions have already been mapped. Since 2024, Algol’s own locations have used 100% renewable energy.

The majority of emissions in the Algol Group’s operations are generated as indirect emissions (Scope 3 of the GHG protocol), the mapping of which began in 2023. The carbon footprint assessment for Scope 3 emissions has been initiated by Algol Chemicals.

 

Carbon footprint at Algol Group

Pollution

The Algol Group is committed to preventing pollution and monitoring pollution-related policies. We prevent environmental pollution and minimise environmental impacts by promoting recycling and reducing waste. We use a safety management system to prepare for emergencies and various possible accident scenarios.

Resource use and the circular economy

We comply with environmental protection legislation and regulations, strive to minimise the environmental impact of our operations, and utilise natural resources efficiently. In 2024, we were able to significantly reduce the amount of waste we produce.

Waste amounts at the Algol Group