Avalon Advanced Materials Sustainability Profile
Avalon Advanced Materials Inc., commonly referred to as Avalon, is a leading Canadian mineral development company headquartered in Ontario, Canada. Founded in 1999, Avalon focuses on the exploration and development of advanced materials, particularly in the rare metals and minerals sector. The company operates primarily in Canada, with significant projects in regions rich in lithium, tantalum, and other critical minerals. Avalon is renowned for its commitment to sustainable practices and innovative extraction techniques, setting it apart in the industry. Its core products include lithium and rare earth elements, which are essential for modern technologies such as electric vehicles and renewable energy systems. With a strong market position, Avalon has achieved notable milestones, including successful partnerships and advancements in its flagship projects, reinforcing its reputation as a key player in the green technology supply chain.
DitchCarbon Score
How does Avalon Advanced Materials'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
Avalon Advanced Materials's score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avalon Advanced Materials's reported carbon emissions
In 2023, Avalon Advanced Materials reported total carbon emissions of approximately 113,430 kg CO2e. This figure includes 88,790 kg CO2e from Scope 1 emissions, 9,040 kg CO2e from Scope 2, and 15,600 kg CO2e from Scope 3. The data reflects a significant reduction in emissions compared to previous years, particularly from 2021, when total emissions were about 151,810 kg CO2e, indicating a positive trend in their climate performance. Avalon Advanced Materials has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company is actively engaged in sustainability practices, as evidenced by their comprehensive emissions reporting across all three scopes. The absence of formal reduction targets suggests a potential area for future commitment, aligning with industry standards for climate action. Overall, Avalon Advanced Materials demonstrates a commitment to transparency in emissions reporting, with a focus on reducing their carbon footprint over time.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 284,100 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 0,000 | 000,000 | 0,000 | 00,000 |
| Scope 2 | 9,330 | 0,000 | 0,000 | 0,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 |
| Scope 3 | 138,850 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 0,000 | 00,000 |
How Carbon Intensive is Avalon Advanced Materials's Industry?
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Avalon Advanced Materials's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Avalon Advanced Materials has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
