Alkagesta ESG Report 2023

Alkagesta’s 2023 ESG Report demonstrates the company’s strengthened commitment to Environmental, Social, and Governance (ESG) excellence, sustainable growth, and ethical leadership. Guided by the United Nations Sustainable Development Goals (UN SDGs), Alkagesta continues to embed sustainability across its global operations. In 2023, with the enhancement of our ESG framework through targeted goal-setting and innovative sustainability practices, we made significant strides in driving positive change.

Corporate Governance

Alkagesta strengthened its governance structure with the Board of Directors, Executive Board, and dedicated committees Audit, Risk, Finance & Investment, Trading & Business Development, and ESG & Compliance.
A robust Compliance Program — including AML, ABC, KYC, and sanctions policies — is supported by tools like World-Check and SeaSearcher.
In FY2023, 328 vessels and 112 counterparts underwent compliance screening, ensuring ethical trade and environmental responsibility.

Environment

A cornerstone of 2023 was the UCO Recycling Plant, expanding operations by 25% and increasing UCO collection by 47%. This initiative protected over 2.4 million m³ of water and 7,600 animals, contributing to the circular economy and climate action goals.
Environmental training reached 100% of management, reinforcing a culture of awareness and responsibility.

People and Communities

Alkagesta achieved zero human rights infringements and advanced diversity, with 27% of new hires being women and 90% of junior hires recruited directly from universities.
Partnerships with Harvard, MIT, and local institutions foster continuous learning, while community initiatives — from youth sports sponsorships to arts and cultural programs — promote inclusion and social development.

Alkagesta’s 2023 ESG Report reflects a unified vision of ethical governance, environmental innovation, and social empowerment — truly building a legacy for generations to come.