Alto Ingredients Publishes its Annual Sustainability Report
November 07 2024 - 8:30AM
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
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