AlzChem Group AG Sustainability Profile
AlzChem Group AG, headquartered in Germany, is a leading player in the specialty chemicals industry, renowned for its innovative solutions in various sectors. Founded in 1908, the company has established a strong presence in Europe and beyond, focusing on key business areas such as chemical production, agriculture, and pharmaceuticals. AlzChem's core products include high-quality chemical intermediates and specialty fertilisers, distinguished by their unique formulations and sustainable production methods. The company has achieved notable milestones, including advancements in its production processes that enhance efficiency and reduce environmental impact. With a commitment to quality and innovation, AlzChem Group AG continues to solidify its market position as a trusted provider of chemical solutions, catering to diverse industrial needs.
DitchCarbon Score
How does AlzChem Group AG'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 Chemicals 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
AlzChem Group AG's score of 34 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AlzChem Group AG's reported carbon emissions
In 2023, AlzChem Group AG reported total carbon emissions of approximately 375.3 million kg CO2e. This figure includes Scope 1 emissions of about 106,394 kg CO2e, Scope 2 emissions of approximately 374.9 million kg CO2e (market-based), and Scope 3 emissions of around 286,431 kg CO2e. The company has set ambitious climate commitments, aiming for complete climate neutrality for Scope 1 emissions by 2033. Additionally, AlzChem plans to reduce its Scope 1 emissions by 30% by 2025 from a 2020 baseline, and similarly targets a 30% reduction in Scope 2 emissions by 2025. Looking ahead, AlzChem has set a long-term goal of achieving carbon neutrality across all scopes by 2040. The company is actively working towards these targets, considering its Scope 1 emissions as a primary focus for reduction efforts. The commitment to sustainability aligns with broader industry trends towards climate neutrality, reflecting the EU Commission's goal for Europe to become the first climate-neutral continent by 2050.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000 | 000,000 |
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AlzChem Group AG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AlzChem Group AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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