Albemarle
Albemarle Corporation, a leading global specialty chemicals company, is headquartered in Charlotte, North Carolina, with significant operations across North America, South America, Europe, and Asia. Founded in 1994, Albemarle has established itself in the lithium, bromine, and catalyst industries, focusing on innovative solutions that drive sustainability and efficiency. The company is renowned for its high-quality lithium products, which are essential for electric vehicle batteries and renewable energy storage, positioning Albemarle as a key player in the transition to a low-carbon economy. With a commitment to research and development, Albemarle has achieved notable milestones, including significant expansions in lithium production capacity. As a trusted partner in the specialty chemicals sector, Albemarle continues to lead with cutting-edge technologies and a strong market presence.
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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Albemarle's score of 35 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Albemarle's reported carbon emissions
In 2023, Albemarle Corporation reported total carbon emissions of approximately 3.24 million tonnes CO2e, with Scope 1 emissions at about 0.73 million tonnes CO2e and Scope 2 emissions around 0.27 million tonnes CO2e. The company also recorded significant Scope 3 emissions, estimated at approximately 2.24 million tonnes CO2e. Albemarle has set ambitious climate commitments, aiming to reduce the carbon intensity of its Scope 1 and 2 emissions by 35% by 2030, using 2019 as the baseline year. This target aligns with science-based targets, reflecting the company's commitment to sustainability and climate action. Over the past few years, Albemarle's total emissions have fluctuated, with a notable increase from about 2.57 million tonnes CO2e in 2021 to 3.24 million tonnes CO2e in 2023. The company is actively working to improve its carbon footprint and enhance its sustainability practices within the chemical industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| 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
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.
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.
