Public Profile

Albemarle

Albemarle Corporation, commonly referred to as Albemarle, is a leading global specialty chemicals company headquartered in the United States. Founded in 1994, Albemarle has established a strong presence in key operational regions, including North America, Europe, and Asia. The company primarily operates within the lithium, bromine, and catalyst industries, focusing on innovative solutions that cater to diverse markets. Albemarle is renowned for its high-quality lithium products, which are essential for electric vehicle batteries and renewable energy storage. The company’s commitment to sustainability and advanced technology has positioned it as a market leader, with notable achievements in expanding lithium production capacity. With a robust portfolio and a dedication to innovation, Albemarle continues to shape the future of the specialty chemicals sector.

DitchCarbon Score

How does Albemarle'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.

38

Industry Average

Mean score of companies in the Salt and Mineral Mining 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.

16

Industry Benchmark

Albemarle's score of 38 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Albemarle's reported carbon emissions

In 2023, Albemarle Corporation reported total carbon emissions of approximately 3,236,000,000 kg CO2e. This figure includes 728,000,000 kg CO2e from Scope 1 emissions, 273,000,000 kg CO2e from Scope 2 emissions, and 2,235,000,000 kg CO2e from Scope 3 emissions. Over the years, Albemarle has demonstrated a commitment to reducing its carbon footprint, with significant emissions recorded in previous years: 2,904,000,000 kg CO2e in 2022, 2,574,000,000 kg CO2e in 2021, and 2,900,000,000 kg CO2e in 2020. Albemarle has set ambitious targets to reduce its carbon intensity. The company aims to decrease the carbon intensity of its Scope 1 and 2 emissions by 35% by 2030, using 2019 as the baseline year. This commitment aligns with science-based targets, reflecting the company's dedication to sustainable practices and climate responsibility. Overall, Albemarle's emissions data and reduction initiatives highlight its ongoing efforts to address climate change and improve environmental performance within the chemical industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
575,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
386,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Albemarle's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Albemarle is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Albemarle is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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