Algalif
Algalif, officially known as Algalif ehf, is a pioneering biotechnology company headquartered in Iceland (IS). Founded in 2016, Algalif has quickly established itself as a leader in the cultivation and processing of microalgae, focusing on sustainable solutions for the food, nutraceutical, and cosmetic industries. With operations primarily in Iceland and a commitment to environmentally friendly practices, Algalif produces high-quality astaxanthin, a powerful antioxidant derived from microalgae. This unique product is renowned for its exceptional purity and potency, setting Algalif apart in a competitive market. The company has achieved significant milestones, including the development of innovative cultivation techniques that enhance yield while minimising environmental impact. Algalif's dedication to sustainability and quality has positioned it as a trusted name in the global algae industry, making substantial contributions to health and wellness.
DitchCarbon Score
How does Algalif's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Algalif's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Algalif's reported carbon emissions
In 2022, Algalif, headquartered in Iceland (IS), reported a notable carbon footprint associated with its operations. While specific emissions data in kg CO2e was not disclosed, the company has made strides in promoting sustainable practices within the algal industry. Algalif's commitment to reducing carbon emissions is evident through its innovative production methods, which reportedly yield a negative carbon footprint of approximately -8.0 tonnes CO2e per functional unit of its spirulina product. This indicates that their processes may effectively sequester more carbon than they emit, contributing positively to climate action. Despite the absence of formal reduction targets or commitments to the Science Based Targets initiative (SBTi), Algalif is actively engaged in initiatives that align with broader industry goals of sustainability and carbon neutrality. The company’s focus on environmentally friendly practices positions it as a forward-thinking leader in the algal sector, aiming to mitigate climate change impacts through responsible production. Overall, while specific emissions figures for 2022 remain unspecified, Algalif's innovative approach and commitment to sustainability reflect its dedication to reducing its environmental footprint.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Algalif is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
