esESG Criteria
AlgaEnergy is a company with a clear purpose, which is to contribute to a better future, based on sustainable development and the creation of opportunities for future generations.
For this reason, values such as responsibility, ethics, morality, professionalism, justice and transparency, in addition to research and innovation, are an integral part of our DNA.
At AlgaEnergy we understand that our business must achieve not only economic, but also social and environmental success. This conviction is shared horizontally across our organization, and is also reflected in our governance through strategic plans, codes of conduct, certifications, and other implementations, some of which are shared on this page.
In 2021, AlgaEnergy becomes the first Spanish biotechnology company to obtain the B Corp certification, after demonstrating during a long and in-depth audit process that its activity generates a positive impact on society and on the planet. AlgaEnergy has proven to comply with rigorous quality standards related to governance, the human team, its clients, the environment, the organization's atmosphere and the community.
B Corp is an international movement that recognizes the best companies in the world, due to their good practices throughout the value chain, given that they meet the highest standards of social, environmental, transparency and responsibility performance.
AlgaEnergy has joined and executhed the first phase of the EIC Greenhouse Gas (EIC GHG) Programme, promoted by the European Innovation Council, which offers the support and expertise needed to assess, track and efficiently offset the carbon footprint of beneficiaries, co-creating new green services and businesses along the way.
AlgaEnergy has successfully completed the first of the three phases of the program: measuring, reducing and offsetting the carbon footprint.
AlgaEnergy joined the '1% for the Planet' initiative. It is a global movement inspiring businesses and individuals to support environmental solutions through memberships and everyday actions.
In this way, we commit to allocate at least 1% of our turnover in certain business lines to environmental causes, that is actions to protect the land, forests, rivers, oceans and also promote sustainable methods of energy production.
AlgaEnergy has joined the initiative ‘SMEs friends of UNICEF’, an initiative of the United Nations Educational, Scientific and Cultural Organization (UNESCO), designed for organizations that want to actively help build a better world.
In this manner, AlgaEnergy is committed to supporting the program ‘Schools for Africa’, not only by providing education, but also a safe and healthy environment for the boys and girls who attend schools. The initiative has a comprehensive approach, as it covers the fundamental areas for the survival and development of children.
The Code of Ethics and Conduct of AlgaEnergy lays down the general principles that orient and guide the professional behavior of all AlgaEnergy employees and its subsidiaries. All decision-making is based on the highest standards of integrity and professionalism.
The Code also marks the commitment by all AlgaEnergy personnel to behave according to the highest moral principles and professional standards to ensure responsible conduct when interacting with their co-workers, customers, providers, shareholders, and society in general.
The guidelines of our Code of Ethics and Conduct and its associated good practices are based on AlgaEnergy’s core values.
Some of AlgaEnergy’s marketed solutions have been certified with the prestigious seal ‘Solar Impulse - Efficient Solutions’. This follows an exhaustive audit by a group of evaluating experts to confirm that the innovative solutions are able to bend the arc between sustainability and economic profitability.
Powered by the 'Solar Impulse Foundation' and the 'World Alliance for Efficient Solutions' - a global alliance that brings together leading global companies, as well as the world's leading public institutions and various NGOs-, this seal identifies and distinguishes the one thousand solutions of the world that contribute to protecting the environment, while providing an economic return to those involved.
By ensuring high standards of sustainability and profitability, this internationally recognized label is recognized as a credible marker of quality for solution-seekers in business and governments, facilitating their sourcing of solutions to reach environmental commitments.
To meet the highest expectations of its stakeholders, AlgaEnergy has established an Integrated Quality and Environmental Management System based on the standards established by UNE-EN ISO 9001: 2015 and UNE-EN ISO 14001: 2015. The compliance of the company with these standards is audited yearly by accredited international firms.
