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.
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.
Industry Benchmark
Allkem's score of 35 is higher 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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Allkem's reported carbon emissions
In 2023, Allkem reported total carbon emissions of approximately 135,000,000 kg CO2e for Scope 1 and 135,000,000 kg CO2e for Scope 2 emissions. Additionally, Scope 3 emissions were recorded at about 215,000,000 kg CO2e, with significant contributions from the processing of sold products (approximately 79,000,000 kg CO2e) and purchased goods and services (around 82,000,000 kg CO2e). The total emissions from Scope 1 and 2 combined were approximately 134,700,000 kg CO2e. In 2022, Allkem's emissions were lower, with Scope 1 emissions at about 119,700,000 kg CO2e, Scope 2 at approximately 1,000,000 kg CO2e, and Scope 3 emissions at around 82,000,000 kg CO2e. The total for Scope 1 and 2 was approximately 120,708,000 kg CO2e. Despite these figures, Allkem has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. Allkem's headquarters is located in Australia, and they are actively engaged in the lithium industry, which is under increasing scrutiny for its environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| 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
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.
Allkem 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.
