Climate protection is not a target — it is the basis of the model
The ALTEO Group treats climate protection not as a standalone environmental target but as a defining element of its business model. Both our energy and circular business activities contribute to reducing greenhouse gas emissions, improving resource efficiency and moving towards a low-carbon economy.
Energy business
Through renewable generation, energy storage, production management and services supporting the flexibility of the electricity system, we contribute to replacing fossil fuels and decarbonising the industry. Storage developments and balancing services enable a higher share of renewables to be integrated into the Hungarian electricity system.
Circular economy business
By recovering the material content of waste, producing secondary raw materials and raising recycling rates, we reduce the emissions associated with primary raw material extraction. Our aim is for as much waste as possible to return to the economic cycle as a valuable input material.
Commitment to climate neutrality
Adapting to climate change is a priority for the Group; we pay close attention to increasing the efficiency of our fossil power plants and strictly observing environmental regulations.
Strategic frameworks and monitoring
In the energy business the ESG Policy summarises our sustainability commitments; like its ESG Strategy, it was prepared in line with the United Nations Sustainable Development Goals. The policy also covers our primary environmental positions and planned measures for reducing our environmental footprint.
As a responsible company, the ALTEO Group has a comprehensive sustainability strategy comprising strategic objectives, measures and the metrics needed to track them.
The main measures linked to the strategic goals that the ALTEO Group’s energy business is actively working on cover the mapping and introduction of new business and technological opportunities in order to reduce negative impacts and potential risks. The core activities of the circular economy business — handling manufacturing, hazardous and non-hazardous, electronic, battery and machine-dismantling waste, paper and plastic waste, wood waste — contribute continuously to climate change mitigation.
The Group's principal, continuously performed measures
- Using renewable energy sources in power generation, including wind, solar and hydro power plants as well as biogas and landfill gas technologies. In 2025 we generated 176.5 GWh of electricity from renewable energy sources.
- Operating a scheduling service for renewable power plants, through which, since 2020, we have made it possible to operate the installed renewable generation capacity at the highest possible efficiency.
- Operating continuous emission monitoring systems with high availability in accordance with legal requirements, and complying with the relevant limit values, which ensures regulatory compliance and reduces environmental impact. This measure applies at the level of the industrial power plants operated by our Group.
- Continuously improving energy efficiency, in line with the goal set in our Integrated Management Policy. As part of this, we carry out investments to achieve various energy efficiency targets and perform diagnostic maintenance.
- When relocating our headquarters, we also applied energy efficiency considerations in selecting the new office building and the equipment required there.
- We support talent development and awareness-raising among the next generation in the field of energy efficiency.
- The circular economy business line recycles industrial waste — replacing, through secondary raw materials, the extraction and processing associated with new raw materials — and, in addition, through complex waste management systems provided to companies, or simply the professional handling of waste, and through environmental compliance and advisory work, it conveys awareness and the principles of the circular economy to the partners concerned.
Measurable, verifiable climate performance
- The ALTEO Group's sustainability report now presents the combined climate impacts of the energy and circular economy business lines.
- The assessment of climate change risks and opportunities is supported by climate scenario analyses.
- Greenhouse gas emissions (Scope 1-2-3) are fully tracked in accordance with the GHG Protocol, on an ESRS basis.
- Energy storage and balancing services support the integration of renewable energy in Hungary.
Greenhouse gases — by 2030
Group-level emissions reduction runs simultaneously on three Scopes: direct on-site emissions (Scope 1), the footprint of purchased energy (Scope 2) and emissions from the full value chain (Scope 3). The base year is updated in line with the 2025–2030 strategy review.
Pillars driving the climate targets
Four interlinked workstreams underpin our climate targets: expanding renewable capacity, grid integration with gas balancing, NOx reduction and green finance. Each is a measurable element of the 2025–2030 strategy.
Two-stage reduction pathway
We set the climate targets on two horizons: alongside the 2030 interim commitments we move toward zeroing Scope 3 by 2050. NOx reduction complements the 2030 pillar.
Scope 1 — Direct emissions
2030: -20% · 2050: -50%. Site-level emissions reduction via renewable capacity expansion and efficiency investments.
Scope 2 — Vásárolt energia
2030: -30% · 2050: -75%. Greening of the electricity mix consumed and reducing the specific emissions of purchased energy.
Scope 3 — Értéklánc
2030: -55% · 2050: -100%. Bringing value-chain emissions to zero by changing supplier requirements and the financing mix.
NOx — Nitrogén-oxidok
2030: -25%. Reduction of NOx emissions at generation sites — an environmental pillar alongside the climate targets.
Strategic framework: ALTEO 2025–2030
The climate targets are framed by the group-level strategy. The full pillar system, market positioning and investor messaging are on the strategy page.
Climate and green-finance documents
Our public climate-target documents: group-level ESG report, Green Finance Framework, its accompanying Second-Party Opinion (SPO), and the strategy press release.