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 35 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arcadium Lithium PLC's reported carbon emissions
In 2023, Arcadium Lithium PLC reported total carbon emissions of approximately 129,708,000 kg CO2e from Scope 1, 14,067,000 kg CO2e from Scope 2 (market-based), and a significant 723,096,000 kg CO2e from Scope 3 emissions. The combined total for Scope 1 and 2 emissions was about 129,879,000 kg CO2e. The Scope 3 emissions breakdown includes major contributions from processing of sold products (approximately 310,308,000 kg CO2e) and purchased goods and services (around 248,232,000 kg CO2e). Arcadium Lithium has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which underscores the company's dedication to reducing its carbon footprint in line with global climate goals. The company has set a clear trajectory for its emissions reduction efforts, although specific percentage reduction targets have not been disclosed. Overall, Arcadium Lithium PLC is actively working towards significant climate commitments, reflecting its responsibility in addressing climate change while continuing its operations in the lithium sector.
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| 2023 | |
|---|---|
| Scope 1 | 129,708,000 |
| 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 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.
