STOCK TITAN

Alto Ingredients Publishes its Annual Sustainability Report

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Alto Ingredients (NASDAQ: ALTO) has released its second Sustainability Report, highlighting its 2023 achievements in producing sustainable specialty alcohols, renewable fuels, and essential ingredients. The company conducted materiality assessments identifying key focus areas including climate change, environmental management, and employee safety. Alto's sustainability initiatives resulted in multiple certifications and awards, including EcoVadis Bronze Medals, ACD Responsible Distribution™, and various food safety certifications.

The company identified long-term market opportunities in bio-based renewables, including sustainable aviation fuel (SAF), carbon capture & storage, and novel uses for waste products. Alto's commitment to sustainability encompasses monitoring environmental risks, energy efficiency, emissions, waste management, and water usage while maintaining product quality and safety standards.

Alto Ingredients (NASDAQ: ALTO) ha pubblicato il suo secondo Rapporto sulla Sostenibilità, evidenziando i risultati del 2023 nella produzione di alcolici speciali sostenibili, combustibili rinnovabili e ingredienti essenziali. L'azienda ha condotto valutazioni di materiale identificando le principali aree di interesse, tra cui il cambiamento climatico, la gestione ambientale e la sicurezza dei dipendenti. Le iniziative di sostenibilità di Alto hanno portato a numerose certificazioni e premi, tra cui Medaglie di Bronzo EcoVadis, ACD Responsible Distribution™ e varie certificazioni di sicurezza alimentare.

L'azienda ha identificato opportunità di mercato a lungo termine nei rinnovabili bio-based, compreso il carburante per aviazione sostenibile (SAF), la cattura e stoccaggio di carbonio, e nuovi utilizzi per i prodotti di scarto. L'impegno di Alto per la sostenibilità comprende il monitoraggio dei rischi ambientali, l'efficienza energetica, le emissioni, la gestione dei rifiuti e l'uso dell'acqua, mantenendo al contempo standard di qualità e sicurezza del prodotto.

Alto Ingredients (NASDAQ: ALTO) ha lanzado su segundo Informe de Sostenibilidad, destacando sus logros de 2023 en la producción de alcoholes especiales sostenibles, combustibles renovables e ingredientes esenciales. La compañía realizó evaluaciones de materialidad para identificar áreas clave de enfoque, como el cambio climático, la gestión ambiental y la seguridad de los empleados. Las iniciativas de sostenibilidad de Alto resultaron en múltiples certificaciones y premios, incluyendo Medallas de Bronce EcoVadis, ACD Responsible Distribution™ y varias certificaciones de seguridad alimentaria.

La empresa identificó oportunidades de mercado a largo plazo en renovables bio-basadas, incluyendo combustible sostenible de aviación (SAF), captura y almacenamiento de carbono, y nuevos usos para productos de desecho. El compromiso de Alto con la sostenibilidad abarca el monitoreo de riesgos ambientales, eficiencia energética, emisiones, gestión de residuos y uso de agua, mientras mantiene estándares de calidad y seguridad del producto.

Alto Ingredients (NASDAQ: ALTO)는 두 번째 지속 가능성 보고서를 발표하며, 2023년 지속 가능한 특수 알코올, 재생 가능 연료 및 필수 성분 생산에서의 성과를 강조했습니다. 회사는 기후 변화, 환경 관리 및 직원 안전을 포함하는 주요 초점 영역을 식별하기 위해 중요성 평가를 수행했습니다. Alto의 지속 가능성 이니셔티브는 EcoVadis 동상 메달, ACD 책임 있는 유통™, 다양한 식품 안전 인증 등 여러 인증 및 상을 이끌어냈습니다.

회사는 지속가능한 항공 연료(SAF), 탄소 포집 및 저장, 폐기물 제품의 새로운 용도를 포함한 생물 기반 재생 가능성에서 장기 시장 기회를 식별했습니다. Alto의 지속 가능성에 대한 헌신은 환경 위험 모니터링, 에너지 효율성, 배출, 폐기물 관리 및 수자원 사용을 포함하며, 제품 품질 및 안전 기준을 유지합니다.

Alto Ingredients (NASDAQ: ALTO) a publié son deuxième Rapport sur la durabilité, mettant en avant ses réalisations de 2023 dans la production d'alcools spéciaux durables, de combustibles renouvelables et d'ingrédients essentiels. L'entreprise a réalisé des évaluations de matérialité pour identifier des domaines clés d'intervention tels que le changement climatique, la gestion environnementale et la sécurité des employés. Les initiatives de durabilité d'Alto ont conduit à de multiples certifications et récompenses, y compris des Médailles de Bronze EcoVadis, ACD Responsible Distribution™ et diverses certifications de sécurité alimentaire.

L'entreprise a identifié des opportunités de marché à long terme dans les renouvelables bio-sourcés, y compris le carburant durable pour l'aviation (SAF), la capture et le stockage du carbone, ainsi que des utilisations nouvelles pour les produits de déchets. L'engagement d'Alto en faveur de la durabilité comprend le suivi des risques environnementaux, l'efficacité énergétique, les émissions, la gestion des déchets et l'utilisation de l'eau tout en maintenant des normes de qualité et de sécurité des produits.

Alto Ingredients (NASDAQ: ALTO) hat seinen zweiten Nachhaltigkeitsbericht veröffentlicht, in dem die Erfolge des Jahres 2023 bei der Produktion nachhaltiger Spezialalkohole, erneuerbarer Brennstoffe und wesentlicher Zutaten hervorgehoben werden. Das Unternehmen führte Wesentlichkeitsbewertungen durch, um Schlüsselbereiche wie Klimawandel, Umweltmanagement und Mitarbeitersicherheit zu identifizieren. Die Nachhaltigkeitsinitiativen von Alto führten zu mehreren Zertifizierungen und Auszeichnungen, darunter EcoVadis Bronze-Medaillen, ACD Responsible Distribution™ und verschiedene Lebensmittelsicherheitszertifikate.

Das Unternehmen identifizierte langfristige Marktchancen im Bereich biobasierter Erneuerbarer, einschließlich nachhaltigem Flugkraftstoff (SAF), Kohlenstoffabscheidung und -speicherung sowie neuartige Verwendungsmöglichkeiten für Abfallprodukte. Das Engagement von Alto für Nachhaltigkeit umfasst die Überwachung von UmweltRisiken, Energieeffizienz, Emissionen, Abfallmanagement und Wasserverbrauch, während gleichzeitig die Produktqualität und Sicherheitsstandards aufrechterhalten werden.

Positive
  • None.
Negative
  • None.

PEKIN, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, published its second Sustainability Report highlighting the company’s 2023 sustainability metrics and accomplishments.

“This report underscores our ongoing commitment to sustainability and provides insight into our programs and performance,” stated Alto Ingredients CEO, Bryon McGregor. “Driven by our core values of responsibility, integrity, and quality, we produce the highest quality, sustainable ingredients that make everyday products better. Our dedication to sustainability and social responsibility extends to our customers, employees, investors, partners, and consumers, along with a focus on product quality and safety. By implementing sustainable best practices, we aim to reduce emissions and benefit our business and all of our stakeholders for many years to come.”

From specialty alcohol and essential ingredients to renewable fuels and plant-based proteins, Alto Ingredients proudly offers 100% bio-based renewable products. In 2023,

  • Alto conducted materiality assessments with internal and external stakeholders, identifying key areas of focus including Climate Change and GHG Emissions, Environmental Management, Employee Health & Safety, Protection of Human Rights, Sustainable Sourcing & Supply Chain Management, Product Quality & Safety, Opportunities in Clean Technology, Toxic Emissions & Waste and Corporate Governance;
  • Alto identified multiple long-term market opportunities to viably expand its bio-based renewable offerings, including novel end uses for waste products such as fusel alcohols, and International Sustainability and Carbon Certification (ISCC) markets; alcohol to jet fuel (ATJ); sustainable aviation fuel (SAF); voluntary carbon markets; carbon capture & storage; and additional carbon utilization;
  • Through ongoing monitoring and management of key environmental risks, including energy use and efficiency, emissions, waste, and water usage, Alto seeks to prioritize projects that both increase efficiencies and improve profitability; and
  • Alto earned numerous sustainability awards and third-party certifications for the year that included oversight on ESG risk management; chemical storage, handling, transportation, and disposal; multiple food safety initiatives; quality management; good manufacturing practices and requirements for all active pharmaceutical ingredients and excipient products, and supply chains for waste streams:
    • EcoVadis Bronze Medals for both its Alto Pekin and Alto ICP plants,
    • ACD Responsible Distribution™ for its Eagle Alcohol subsidiary,
    • Food Safety System Certification (FSSC) 22000 for Alto Pekin’s Alto Yeast™ products,
    • FSC36 Safe Feed/Safe Food certification for its Alto Pekin Wet Mill, Alto Pekin Dry Mill & Alto ICP plants,
    • ISO 9001:2015 for corporate with multi-site certifications at its Alto ICP, Alto Pekin and Eagle Alcohol facilities,
    • Hazard Analysis Critical Control Point (HACCP) certification for food-grade products at its Alto ICP and Alto Pekin Wet Mill plants and its Yeast Plant,
    • EXCiPACT and ICH Q7 for Alto ICP’s pharmaceutical-grade alcohol products, and
    • ISCC+ and ISCC EU for its Alto Pekin Wet Mill, Yeast Plant and Alto ICP facilities.

About Alto Ingredients, Inc.
Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements and information contained in this communication that refer to or include Alto Ingredients’ estimated or anticipated future results or other non-historical expressions of fact are forward-looking statements that reflect Alto Ingredients’ current perspective of existing trends and information as of the date of the communication. Forward looking statements generally will be accompanied by words such as “anticipate,” “believe,” “plan,” “could,” “should,” “estimate,” “expect,” “forecast,” “outlook,” “guidance,” “intend,” “may,” “might,” “will,” “possible,” “potential,” “predict,” “project,” or other similar words, phrases or expressions. Such forward-looking statements include, but are not limited to, statements concerning the effects of Alto Ingredients’ sustainability programs and initiatives; Alto Ingredients’ ability to prioritize projects that both increase efficiencies and improve profitability; and Alto Ingredients’ other plans, objectives, expectations and intentions. It is important to note that Alto Ingredients’ plans, objectives, expectations and intentions are not predictions of actual performance. Actual results may differ materially from Alto Ingredients’ current expectations depending upon a number of factors affecting Alto Ingredients’ business and plans. These factors include, among others, Alto Ingredients’ ability to continue to maintain its sustainability and other certifications; Alto Ingredients’ ability to fund efforts toward, and to successfully capitalize on, market opportunities for its bio-based renewable offerings, including novel end uses for waste products; adverse economic and market conditions, including for renewable fuels, specialty alcohols, essential ingredients and waste products; export conditions and international demand for the company’s products; fluctuations in the price of and demand for oil and gasoline; raw material costs, including production input costs, such as corn and natural gas; adverse impacts of inflation and supply chain constraints. These factors also include, among others, the inherent uncertainty associated with financial and other projections and the outcomes of sustainability programs and initiatives; the anticipated size of the markets and continued demand for Alto Ingredients’ products; the impact of competitive products and pricing; the risks and uncertainties normally incident to the alcohol production, marketing and distribution industries; changes in generally accepted accounting principles; successful compliance with governmental regulations applicable to Alto Ingredients’ facilities, products and/or businesses; changes in laws, regulations and governmental policies; the loss of key senior management or staff; and other events, factors and risks previously and from time to time disclosed in Alto Ingredients’ filings with the Securities and Exchange Commission including, specifically, those factors set forth in the “Risk Factors” section contained in Alto Ingredients’ Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 8, 2024.

Media and Company IR Contact:                 
Michael Kramer, Alto Ingredients, Inc., 916-403-2755 Investorrelations@altoingredients.com

IR Agency Contact:
Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777 Investorrelations@altoingredients.com


FAQ

What sustainability certifications did Alto Ingredients (ALTO) receive in 2023?

Alto Ingredients received multiple certifications including EcoVadis Bronze Medals for Alto Pekin and Alto ICP plants, FSSC 22000 for Alto Yeast products, ISO 9001:2015 for multiple facilities, and ISCC+ and ISCC EU certifications.

What are Alto Ingredients' (ALTO) key sustainability focus areas for 2023?

Key focus areas include Climate Change and GHG Emissions, Environmental Management, Employee Health & Safety, Protection of Human Rights, Sustainable Sourcing & Supply Chain Management, and Product Quality & Safety.

What new market opportunities has Alto Ingredients (ALTO) identified in their 2023 sustainability report?

Alto identified opportunities in sustainable aviation fuel (SAF), alcohol to jet fuel (ATJ), voluntary carbon markets, carbon capture & storage, and novel end uses for waste products such as fusel alcohols.

What environmental aspects does Alto Ingredients (ALTO) monitor and manage?

Alto monitors and manages key environmental risks including energy use and efficiency, emissions, waste, and water usage, prioritizing projects that increase efficiencies and improve profitability.

Alto Ingredients, Inc.

NASDAQ:ALTO

ALTO Rankings

ALTO Latest News

ALTO Stock Data

124.93M
72.88M
4.92%
31%
1.27%
Specialty Chemicals
Industrial Organic Chemicals
Link
United States of America
SACRAMENTO