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 20 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allkem's reported carbon emissions
In 2023, Allkem reported total carbon emissions of approximately 350,000,000 kg CO2e, comprising 135,000,000 kg CO2e from Scope 1 and 215,000,000 kg CO2e from Scope 3 emissions. Notably, there were no reported emissions from Scope 2. This represents a slight increase from 2022, where total emissions were about 120,708,000 kg CO2e for Scope 1 and 82,000,000 kg CO2e for Scope 3, totalling approximately 202,708,000 kg CO2e. Allkem has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have reported emissions intensity metrics, with Scope 1 and 2 emissions intensity at about 3,350 kg CO2e per tonne of lithium carbonate equivalent (LCE) in 2023, and 3,370 kg CO2e per tonne of LCE in 2022. The company is actively monitoring its carbon footprint, but further details on specific reduction strategies or commitments to industry standards such as the Science Based Targets initiative (SBTi) have not been provided.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 120,708,000 | 000,000,000 |
| Scope 2 | - | - |
| 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 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.
