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Chemicals
US
updated 16 days ago

Arcadium Lithium PLC

Company website

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.

33

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.

22

Industry Benchmark

Arcadium Lithium PLC's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Arcadium Lithium PLC's reported carbon emissions

In 2023, Arcadium Lithium PLC reported total carbon emissions of approximately 104,509,000 kg CO2e from Scope 1, 14,067,000 kg CO2e from Scope 2 (market-based), and 258,965,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown includes significant contributions from purchased goods and services (about 158,125,000 kg CO2e) and fuel and energy-related activities (approximately 58,595,000 kg CO2e). Arcadium Lithium PLC has committed to achieving net-zero emissions across all scopes by 2050, with targets set through the Science Based Targets initiative (SBTi). This long-term commitment reflects the company's dedication to addressing climate change and reducing its carbon footprint. The company is currently classified as a current subsidiary of Arcadium Lithium plc, which influences its climate strategy and reporting. The emissions data for 2022 and prior years is not disclosed, indicating a potential focus on improving transparency and accountability in future reports. The company’s revenue for 2023 was approximately USD 882,500,000, highlighting its significant operational scale in the lithium sector. Overall, Arcadium Lithium PLC's climate commitments and emissions data underscore its proactive approach to sustainability and environmental responsibility within the industry.

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2023
Scope 1
104,509,000
Scope 2
14,067,000
Scope 3
258,965,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Arcadium Lithium PLC's primary industry is Chemicals nec, which is high 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. This request for Arcadium Lithium PLC is in US, which has a low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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