Alltech's 2024 Sustainability Report highlights the company's significant progress in achieving environmental, social and economic sustainability goals. The report showcases the company’s commitment to sustainable practices in agriculture, emphasizing how thriving farms contribute to a sustainable planet. Alltech's efforts to reduce environmental impact, advance sustainable farming, and promote resilience in food systems are central to its purpose-driven strategy.
Key Highlights:
- Environmental Impact & Emissions Reduction:
- Alltech reduced its Scopes 1 and 2 emissions by 7.8% in 2024, with a total reduction of 26% since 2021, moving toward its 2030 target of 42%
- The company invested $2.04 million in energy efficiency and renewable energy projects in 2024, cutting emissions by 3,602 metric tons of CO2-e. Since 2021, it has invested $13 million in 40 projects, reducing approximately 21,000 metric tons of CO2-e per year
- Zero-Waste and Water Stewardship:
- Five of Alltech’s facilities achieved zero-waste status in 2024
- The company launched a strategy to benchmark water usage, implement conservation technologies, and share best practices globally
- Sustainability Partnerships:
- Alltech collaborated with customers on carbon credit and farm resource efficiency programs, aiming to reduce emissions and enhance sustainability in agriculture
- Workforce Diversity & Engagement:
- The company employs a diverse workforce, with 26% women globally and 42% women in non-production roles. Additionally, 35% of Alltech employees have been with the company for over 10 years
- Science & Innovation:
- Alltech’s research continues to contribute to the United Nations’ Sustainable Development Goals (SDGs), with 799 studies listed on Scopus, many mapping to 11 of the 17 SDGs
- Advocacy & Storytelling:
- The company produced the documentary World Without Cows, which explores the role of cattle in food systems and challenges oversimplified narratives about animal agriculture. The documentary sparked global discussions on sustainability
- Recognition & Compliance:
- Alltech was reaccredited by the Pet Sustainability Coalition and recognized by EcoVadis. The company also achieved compliance with the EU Deforestation Regulation (EUDR)
Alltech is committed to tackling global challenges like climate change and resource scarcity through scientific research, data management, strategic partnerships and sustainable solutions. The company invites stakeholders to join in creating meaningful change and ensuring a sustainable future.
The full 2024 report is available on Alltech’s website.