Core Lithium Ltd
Core Lithium Ltd, headquartered in Australia, is a prominent player in the lithium mining industry, focusing on the exploration and development of lithium resources. Founded in 2010, the company has made significant strides in establishing itself as a key supplier of lithium spodumene concentrate, essential for the burgeoning electric vehicle and renewable energy sectors. With major operations in the Northern Territory, Core Lithium is renowned for its flagship Finniss Lithium Project, which is strategically positioned to meet the increasing global demand for sustainable energy solutions. The company’s commitment to environmentally responsible mining practices and its innovative approach to resource extraction set it apart in a competitive market. Core Lithium's achievements, including securing offtake agreements with leading battery manufacturers, underscore its strong market position and potential for future growth.
DitchCarbon Score
How does Core Lithium Ltd'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 Lead, Zinc, and Tin Processing 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
Core Lithium Ltd's score of 11 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Core Lithium Ltd's reported carbon emissions
In 2022, Core Lithium Ltd reported significant carbon emissions, totalling approximately 193,500,000 kg CO2e for Scope 1, 150,700,000 kg CO2e for Scope 2, and 7,620,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions primarily stemmed from purchased goods and services, accounting for about 32,100,000 kg CO2e. The previous year, 2021, saw emissions of approximately 42,700,000 kg CO2e for Scope 1, 39,815,000 kg CO2e for Scope 2, and 14,000,000 kg CO2e for Scope 3. This indicates a notable increase in emissions across all scopes in 2022. As of 2023, no emissions data has been reported, and there are currently no specified reduction targets or climate pledges from Core Lithium Ltd. The company has not disclosed any initiatives aimed at reducing its carbon footprint, which places it in a challenging position within the industry context of increasing climate commitments. Core Lithium Ltd's emissions intensity from its Finniss Project is noted at 260.0 kg CO2e per tonne, highlighting the need for ongoing monitoring and potential strategies for emissions reduction in future reporting periods.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 42,700,000 | 000,000,000 |
| Scope 2 | 39,815,000 | 000,000,000 |
| Scope 3 | 14,000,000 | 0,000,000 |
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.
Core Lithium Ltd is not committed to any 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.
