Core Lithium Ltd Sustainability Profile
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 13 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Core Lithium Ltd's reported carbon emissions
In 2023, Core Lithium Ltd reported total carbon emissions of approximately 27,500,000 kg CO2e. This figure includes Scope 1 emissions of about 8,000,000 kg CO2e, Scope 2 emissions of around 3,500,000 kg CO2e, and significant Scope 3 emissions totalling approximately 16,000,000 kg CO2e. The previous year, 2022, the company recorded total emissions of about 25,620,000 kg CO2e, with Scope 1 at approximately 7,620,000 kg CO2e, Scope 2 at around 3,000,000 kg CO2e, and Scope 3 emissions at about 15,000,000 kg CO2e. Despite these emissions figures, Core Lithium Ltd has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company has disclosed emissions data for all three scopes, demonstrating transparency in its reporting practices. However, there are currently no initiatives linked to the Science Based Targets initiative (SBTi) or other formal climate commitments. Overall, while Core Lithium Ltd has made strides in emissions reporting, the absence of reduction targets suggests that further action may be necessary to align with industry standards for climate accountability.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 7,620,000 | 0,000,000 |
| Scope 2 | 3,000,000 | 0,000,000 |
| Scope 3 | 15,000,000 | 00,000,000 |
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Core Lithium Ltd'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.
Core Lithium Ltd 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.
