diff --git a/CHANGELOG.md b/CHANGELOG.md
index af2b34499b..5c6c921b40 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,6 +10,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Changed
 
 - Improved the accessibility of the _Buy me a coffee_ button on the about page
+- Improved the accessibility of the entity logo component
 - Improved the performance of the historical market data table of the admin control panel by loading only the latest market price per asset profile
 - Introduced a cooldown of 12 hours for the asset profile and exchange rate gathering on activity creation by retaining the completed jobs
 
diff --git a/libs/ui/src/lib/entity-logo/entity-logo.component.html b/libs/ui/src/lib/entity-logo/entity-logo.component.html
index 5a653b81e6..4c25cb8ae1 100644
--- a/libs/ui/src/lib/entity-logo/entity-logo.component.html
+++ b/libs/ui/src/lib/entity-logo/entity-logo.component.html
@@ -16,6 +16,7 @@
 } @else if (src && !hasError) {
   <img
     class="logo"
+    [alt]="tooltip ? tooltip : ''"
     [class.large]="size === 'large'"
     [src]="src"
     [title]="tooltip ? tooltip : ''"