Arcadium Lithium PLC
Arcadium Lithium PLC, a prominent player in the lithium industry, is headquartered in the United States and operates extensively across key regions including North America and Europe. Founded in [year], the company has rapidly established itself as a leader in the extraction and processing of lithium, a critical component for batteries in electric vehicles and renewable energy storage. Specialising in high-quality lithium compounds, Arcadium Lithium PLC distinguishes itself through innovative extraction techniques that enhance sustainability and efficiency. The company has achieved significant milestones, positioning itself as a trusted supplier in the growing green technology market. With a commitment to advancing lithium production, Arcadium Lithium PLC continues to contribute to the global transition towards cleaner energy solutions.
DitchCarbon Score
How does Arcadium Lithium PLC'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 Chemicals 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
Arcadium Lithium PLC's score of 33 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arcadium Lithium PLC's reported carbon emissions
In 2023, Arcadium Lithium PLC reported total carbon emissions of approximately 129,708,000 kg CO2e from Scope 1, 14,067,000 kg CO2e from Scope 2 (market-based), and a significant 723,096,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown includes 310,308,000 kg CO2e from the processing of sold products and 248,232,000 kg CO2e from purchased goods and services, highlighting the substantial impact of upstream activities. The company has committed to achieving net-zero emissions across all scopes by 2050, with targets set through the Science Based Targets initiative (SBTi). This long-term commitment reflects a strategic approach to reducing greenhouse gas emissions in alignment with global climate goals. Arcadium Lithium's emissions data is cascaded from its parent company, Arcadium Lithium plc, indicating a corporate family relationship that influences its sustainability reporting and climate commitments. The company is actively working towards integrating sustainable practices within its operations, although specific reduction targets for the near term have not been disclosed. Overall, Arcadium Lithium PLC's emissions profile and climate commitments demonstrate a proactive stance in addressing climate change, with a focus on long-term sustainability and accountability.
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| 2023 | |
|---|---|
| Scope 1 | 129,708,000 |
| Scope 2 | 14,067,000 |
| Scope 3 | 723,096,000 |
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.
Arcadium Lithium PLC is participating in some 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.
