Lotus Resources
Lotus Resources Limited, commonly referred to as Lotus Resources, is a prominent player in the uranium mining sector, headquartered in Australia. Established in 2020, the company has quickly positioned itself as a key contributor to the global energy market, focusing on the exploration and development of uranium projects, particularly in the highly prospective regions of Malawi and Australia. Lotus Resources is dedicated to sustainable mining practices, offering high-quality uranium products that meet stringent safety and environmental standards. The company’s flagship project, the Kayelekera Uranium Project, showcases its commitment to responsible resource management and innovation in the industry. With a strong emphasis on operational excellence, Lotus Resources has achieved significant milestones, reinforcing its reputation as a reliable supplier in the uranium market.
DitchCarbon Score
How does Lotus Resources's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lotus Resources's score of 21 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotus Resources's reported carbon emissions
In 2023, Lotus Resources reported Scope 1 emissions of approximately 1,132,000 kg CO2e, a notable reduction from 1,504,000 kg CO2e in 2021 and 3,231,000 kg CO2e in 2020. The company has not disclosed any Scope 2 emissions, which remain at zero across the reported years. In 2022, total emissions surged to about 22,135,100 kg CO2e, primarily driven by Scope 3 emissions, which accounted for approximately 19,531,100 kg CO2e. Lotus Resources has not set specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for future development. The company’s emissions data reflects a significant focus on managing and reducing their carbon footprint, particularly in Scope 1 emissions, which are directly linked to their operational activities. As they continue to evolve their sustainability strategies, further commitments and targets may be established to enhance their climate action efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,508,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - | - |
| Scope 3 | - | - | - | 00,000,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lotus Resources is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
