Learn about our revised sustainability targets for 2024

Our sustainability targets provide a clear roadmap for actions and initiatives that contribute to a better future. Aligned with international frameworks like the United Nations Sustainable Development Goals (SDGs), our targets cover diverse areas, from environmental protection to social equity and economic growth. We are committed to creating a healthy and well-functioning work community, ensuring the sustainable use of energy and resources, and continuously improving the quality of our operations.

Targets:

Our goal is wellbeing at work and committed employees. The target eNPS (employee Net Promoter Score) is an indicator that we can use to assess the level of employee wellbeing and job satisfaction. In order to monitor the trend, the result is compared with our company's previous results.

In practice, wellbeing at work is monitored by means of good leadership work, regular development discussions and occupational wellbeing surveys that evaluate work ability. The teams also have their own discussion routines, which help supervisors get feedback and which enable regular monitoring of occupational wellbeing factors. Actions to be implemented annually are selected from the wellbeing improvement measures brought up in the discussions.

Employees are offered the necessary on the job training as part of their orientation, in accordance with the annual training plan and always due to changes in our operations. We use a wide range of online coaching covering, for example, the Group's  Code of Business Conduct, occupational safety, information security and chemical safety. Recordings of training sessions are available on the company's Intranet pages and cover such topics as new processes and systems.

Our goal is that all employees have completed Algol Group's Code of Business Conduct education and that the personal development and target discussions have been conducted with all employees.

Targets:

Our values are accountability, development and collaboration. As part of the chemical supply chain, we carry our responsibility for the proper functioning, development and cooperation within our supply chain. We provide online training to teach our values and Code of Business Conduct; this training must be completed by all employees and is easy to repeat as needed. 

Our suppliers and subcontractors are required to sign our Supplier Code of Business Conduct. We have guidelines and principles for selecting and evaluating partners. We also evaluate our suppliers in terms of sustainability and select suppliers for our products that meet the sustainability requirements of our customers. 

Product safety and compliance are important to us. We systematically collect information and product documentation in order to comply with REACH requirements and packaging and food legislation, for example. We ensure that our products meet the quality and purity requirements set for them and that the packaging is properly marked. We pass on product information within the supply chain and openly inform about changes in products or related regulations. We also regularly publish health and safety-related articles related to our own operations or products.

Any deviations in operations are dealt with appropriately and as quickly as possible. The aim is to reduce the number of serious deviations, such as broken packaging, through effective cooperation in the supply chain. The root causes of deviations are carefully investigated, and the effectiveness of corrective measures is monitored.

Targets:

We have identified the environmental impact of our operations. Our goal is the sustainable use of resources and the reduction of emissions from our own operations. We also do our part to promote the supply chain's efforts towards low-emission deliveries.

As a distributor and packager of chemicals, the most significant environmental impacts result from the use of resources in our own production facilities and the transportation of our products from our warehouses to those of our customers. 

In order to reduce the emissions caused by the transportation of our products, we cooperate and look for solutions together with our suppliers and transport partners. As part of developing our own carbon footprint calculation and for setting more precise emission reduction targets, we have started collecting emission data from product manufacturers and our transport partners.

We are constantly looking for ways to prevent and reduce the generation of waste. We closely monitor the shelf life and condition of the products. As far as possible, we use recycled, refurbished packaging and circular (refillable) packaging. We deliver used packaging for reuse.

We pay attention to the environmentally sustainable procurement and use of energy, electricity and water. Our production facilities actively strive to find ways to lower the total energy consumption per tonne produced.

Algol Chemicals Oy has signed up to the sustainability assessment system Ecovadis. We are also committed to promoting the use of sustainable palm oil through our membership in RSPO.