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 767,756,000 kg CO2e. This figure includes 106,394,000 kg CO2e from Scope 1 emissions, 374,931,000 kg CO2e from Scope 2 emissions (market-based), and 286,431,000 kg CO2e from Scope 3 emissions. In comparison, the total emissions for 2022 were about 920,187,000 kg CO2e, indicating a significant reduction in emissions year-on-year. AlzChem has set ambitious climate commitments, aiming for complete climate neutrality in Scope 1 emissions by 2033. They plan to drastically reduce the remaining two-thirds of their Scope 1 emissions, which amounted to approximately 110,000 tonnes CO2e in 2022, by 75% by 2030. Additionally, the company is committed to reducing its Scope 2 emissions by 30% by 2025 from a 2020 baseline. Furthermore, AlzChem aims to achieve carbon neutrality across all scopes by 2040, aligning with broader industry goals for sustainability. These commitments reflect the company's proactive approach to addressing climate change and reducing its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 110,405 | 000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 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.
