PEKIN, Unwell., Nov. 07, 2024 (GLOBE NEWSWIRE) — Alto Components, Inc. (NASDAQ: ALTO), a number one producer and distributor of specialty alcohols, renewable fuels and important substances, printed its second Sustainability Report highlighting the corporate’s 2023 sustainability metrics and accomplishments.
This report underscores our ongoing dedication to sustainability and gives perception into our applications and efficiency, said Alto Components CEO, Bryon McGregor. Pushed by our core values of accountability, integrity, and high quality, we produce the very best high quality, sustainable substances that make on a regular basis merchandise higher. Our dedication to sustainability and social accountability extends to our clients, workers, traders, companions, and shoppers, together with a give attention to product high quality and security. By implementing sustainable greatest practices, we purpose to scale back emissions and profit our enterprise and all of our stakeholders for a few years to return.
From specialty alcohol and important substances to renewable fuels and plant-based proteins, Alto Components proudly presents 100% bio-based renewable merchandise. In 2023,
- Alto performed materiality assessments with inner and exterior stakeholders, figuring out key areas of focus together with Local weather Change and GHG Emissions, Environmental Administration, Worker Well being & Security, Safety of Human Rights, Sustainable Sourcing & Provide Chain Administration, Product High quality & Security, Alternatives in Clear Expertise, Poisonous Emissions & Waste and Company Governance;
- Alto recognized a number of long-term market alternatives to viably develop its bio-based renewable choices, together with novel finish makes use of for waste merchandise equivalent to fusel alcohols, and Worldwide Sustainability and Carbon Certification (ISCC) markets; alcohol to jet gas (ATJ); sustainable aviation gas (SAF); voluntary carbon markets; carbon seize & storage; and extra carbon utilization;
- By means of ongoing monitoring and administration of key environmental dangers, together with vitality use and effectivity, emissions, waste, and water utilization, Alto seeks to prioritize tasks that each improve efficiencies and enhance profitability; and
- Alto earned quite a few sustainability awards and third-party certifications for the yr that included oversight on ESG threat administration; chemical storage, dealing with, transportation, and disposal; a number of meals security initiatives; high quality administration; good manufacturing practices and necessities for all energetic pharmaceutical substances and excipient merchandise, and provide chains for waste streams:
- EcoVadis Bronze Medals for each its Alto Pekin and Alto ICP crops,
- ACD Accountable Distribution™ for its Eagle Alcohol subsidiary,
- Meals Security System Certification (FSSC) 22000 for Alto Pekin’s Alto Yeast™ merchandise,
- FSC36 Secure Feed/Secure Meals certification for its Alto Pekin Moist Mill, Alto Pekin Dry Mill & Alto ICP crops,
- ISO 9001:2015 for company with multi-site certifications at its Alto ICP, Alto Pekin and Eagle Alcohol services,
- Hazard Evaluation Essential Management Level (HACCP) certification for food-grade merchandise at its Alto ICP and Alto Pekin Moist Mill crops and its Yeast Plant,
- EXCiPACT and ICH Q7 for Alto ICP’s pharmaceutical-grade alcohol merchandise, and
- ISCC+ and ISCC EU for its Alto Pekin Moist Mill, Yeast Plant and Alto ICP services.
About Alto Components, Inc.
Alto Components, Inc. (NASDAQ: ALTO) is a number one producer and distributor of specialty alcohols, renewable fuels and important substances. Leveraging the distinctive qualities of its services, the corporate serves clients in a variety of client and business merchandise within the Well being, Dwelling & Magnificence; Meals & Beverage; Business & Agriculture; Important Components; and Renewable Fuels markets. For extra data, please go to www.altoingredients.com.
Secure Harbor Assertion underneath the Non-public Securities Litigation Reform Act of 1995
Statements and knowledge contained on this communication that discuss with or embody Alto Components’ estimated or anticipated future outcomes or different non-historical expressions of truth are forward-looking statements that replicate Alto Components’ present perspective of current traits and knowledge as of the date of the communication. Ahead wanting statements usually can be accompanied by phrases equivalent to anticipate, consider, plan, may, ought to, estimate, count on, forecast, outlook, steerage, intend, could, would possibly, will, potential, potential, predict, challenge, or different comparable phrases, phrases or expressions. Such forward-looking statements embody, however aren’t restricted to, statements regarding the results of Alto Components’ sustainability applications and initiatives; Alto Components’ skill to prioritize tasks that each improve efficiencies and enhance profitability; and Alto Components’ different plans, aims, expectations and intentions. It is very important be aware that Alto Components’ plans, aims, expectations and intentions aren’t predictions of precise efficiency. Precise outcomes could differ materially from Alto Components’ present expectations relying upon quite a lot of components affecting Alto Components’ enterprise and plans. These components embody, amongst others, Alto Components’ skill to proceed to keep up its sustainability and different certifications; Alto Components’ skill to fund efforts towards, and to efficiently capitalize on, market alternatives for its bio-based renewable choices, together with novel finish makes use of for waste merchandise; adversarial financial and market circumstances, together with for renewable fuels, specialty alcohols, important substances and waste merchandise; export circumstances and worldwide demand for the corporate’s merchandise; fluctuations within the worth of and demand for oil and gasoline; uncooked materials prices, together with manufacturing enter prices, equivalent to corn and ; adversarial impacts of inflation and provide chain constraints. These components additionally embody, amongst others, the inherent uncertainty related to monetary and different projections and the outcomes of sustainability applications and initiatives; the anticipated dimension of the markets and continued demand for Alto Components’ merchandise; the influence of aggressive merchandise and pricing; the dangers and uncertainties usually incident to the alcohol manufacturing, advertising and distribution industries; modifications in usually accepted accounting ideas; profitable compliance with governmental rules relevant to Alto Components’ services, merchandise and/or companies; modifications in legal guidelines, rules and governmental insurance policies; the lack of key senior administration or employees; and different occasions, components and dangers beforehand and sometimes disclosed in Alto Components’ filings with the Securities and Change Fee together with, particularly, these components set forth within the Danger Elements part contained in Alto Components’ Quarterly Report on Type 10-Q filed with the Securities and Change Fee on August 8, 2024.
Media and Firm IR Contact:
Michael Kramer, Alto Components, Inc., 916-403-2755 Investorrelations@altoingredients.com
IR Company Contact:
Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777 Investorrelations@altoingredients.com
Supply: Alto Components, Inc.
