AlzChem Group AG
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 29 is higher than 59% 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 Scope 1 emissions of about 106,394,000 kg CO2e, Scope 2 emissions of approximately 374,931,000 kg CO2e (market-based), and Scope 3 emissions of around 286,431,000 kg CO2e. 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 for Scope 1 emissions by 2033. They plan to drastically reduce the remaining two-thirds of their Scope 1 emissions, which amount to approximately 110,000 tonnes (base 2022), by 75% by 2030. Additionally, they are committed to reducing Scope 2 emissions by 30% by 2025 from a 2020 baseline. The company also aims for carbon neutrality across all scopes by 2040, demonstrating a long-term commitment to sustainability. These targets reflect AlzChem's proactive approach to addressing climate change and reducing their carbon footprint in alignment with industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 110,086,000 | 000,000,000 |
| Scope 2 | 463,464,000 | 000,000,000 |
| Scope 3 | 346,636,000 | 000,000,000 |
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.
AlzChem Group AG is not participating in any of the initiatives that 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.
