Public Profile

Allkem

Allkem Limited, a prominent player in the lithium and chemical manufacturing industry, is headquartered in Australia. Established in 2021 through the merger of Orocobre Limited and Galaxy Resources, Allkem has rapidly positioned itself as a key contributor to the global transition towards sustainable energy solutions. The company operates primarily in Australia, Argentina, and Japan, focusing on the production of lithium hydroxide and lithium carbonate, essential components for electric vehicle batteries and renewable energy storage. Allkem's unique approach combines innovative extraction techniques with a commitment to environmental sustainability, setting it apart in a competitive market. With significant milestones, including the expansion of its lithium production capacity, Allkem has achieved a strong market presence, recognised for its high-quality products and strategic partnerships. As the demand for lithium continues to surge, Allkem is well-placed to play a vital role in the evolving energy landscape.

DitchCarbon Score

How does Allkem'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.

20

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

Allkem's score of 20 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Allkem's reported carbon emissions

In 2023, Allkem reported total carbon emissions of approximately 135,000,000 kg CO2e, comprising 135,000,000 kg CO2e from Scope 1 emissions, 135,000,000 kg CO2e from Scope 2 emissions, and 215,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from the processing of sold products (about 79,000,000 kg CO2e) and purchased goods and services (approximately 82,000,000 kg CO2e). In 2022, Allkem's emissions were recorded at approximately 134,700,000 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 119,700,000 kg CO2e and Scope 2 emissions at 1,000,000 kg CO2e. The company has disclosed emissions data for all three scopes, indicating a commitment to transparency in its climate impact. Despite the detailed emissions reporting, Allkem has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests that while the company is actively monitoring its emissions, it may not yet have formalised a strategy for significant reductions in line with industry standards.

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20222023
Scope 1
119,700,000
000,000,000
Scope 2
1,000,000
000,000,000
Scope 3
82,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Allkem'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. Allkem is headquartered in AU, which has a rank of very high, indicating very high 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.

Allkem 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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