Arcadium Lithium PLC
Arcadium Lithium PLC, a prominent player in the lithium industry, is headquartered in the United States and operates extensively across key regions including North America and Europe. Founded in [year], the company has rapidly established itself as a leader in the extraction and processing of lithium, a critical component for batteries in electric vehicles and renewable energy storage. Specialising in high-quality lithium compounds, Arcadium Lithium PLC distinguishes itself through innovative extraction techniques that enhance sustainability and efficiency. The company has achieved significant milestones, positioning itself as a trusted supplier in the growing green technology market. With a commitment to advancing lithium production, Arcadium Lithium PLC continues to contribute to the global transition towards cleaner energy solutions.
DitchCarbon Score
How does Arcadium Lithium PLC'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 Chemicals 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
Arcadium Lithium PLC's score of 28 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Arcadium Lithium PLC's reported carbon emissions
In 2023, Arcadium Lithium PLC reported significant carbon emissions, totalling approximately 104,509,000 kg CO2e for Scope 1, 14,067,000 kg CO2e for Scope 2, and a substantial 723,096,000 kg CO2e for Scope 3 emissions. This data highlights the company's extensive carbon footprint, particularly in its supply chain and operational activities. Over the years, Arcadium Lithium has shown a commitment to reducing its carbon emissions. The company has set long-term net-zero targets, aiming for a comprehensive reduction across all scopes by 2050. This commitment aligns with the Science Based Targets initiative (SBTi), indicating a structured approach to achieving significant emissions reductions. In terms of GHG intensity, the company reported figures of about 2,050 kg CO2e per tonne for 2023, reflecting its ongoing efforts to improve sustainability in its operations. The previous years also showed varying GHG intensities, with 2,220 kg CO2e per tonne in 2021 and 3,050 kg CO2e per tonne in 2022, indicating a need for continued focus on emission reductions. Overall, Arcadium Lithium PLC is actively working towards its climate commitments, with a clear roadmap to achieve net-zero emissions by 2050, while addressing the challenges posed by its current emissions profile.
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| 2023 | |
|---|---|
| Scope 1 | 104,509,000 |
| Scope 2 | 14,067,000 |
| Scope 3 | 723,096,000 |
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.
Arcadium Lithium PLC 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.
