Public Profile

Cornish Lithium

Cornish Lithium Ltd, a pioneering company in the lithium extraction industry, is headquartered in Cornwall, England, with a focus on the rich lithium resources found in the region. Founded in 2016, the company has rapidly established itself as a leader in sustainable lithium production, aiming to support the growing demand for electric vehicle batteries and renewable energy storage. Cornish Lithium is dedicated to developing innovative extraction techniques, including the use of geothermal energy, which sets it apart in the market. The company’s core services revolve around the exploration and extraction of lithium from both hard rock and geothermal brine sources, positioning it as a key player in the UK’s transition to a low-carbon economy. With significant milestones achieved in resource identification and environmental stewardship, Cornish Lithium is poised to contribute to the global shift towards sustainable energy solutions.

DitchCarbon Score

How does Cornish Lithium'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.

18

Industry Average

Mean score of companies in the Business Services 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.

20

Industry Benchmark

Cornish Lithium's score of 18 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

Cornish Lithium's reported carbon emissions

In 2023, Cornish Lithium reported total carbon emissions of approximately 178,400 kg CO2e, which translates to about 178.4 metric tonnes. The emissions breakdown reveals that Scope 1 emissions accounted for around 170,000 kg CO2e, while Scope 2 emissions were approximately 7,600 kg CO2e. Currently, there are no publicly stated reduction targets or initiatives from Cornish Lithium, nor any commitments to frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This indicates a potential area for growth in their climate strategy, as the industry increasingly prioritises measurable and actionable climate commitments. Overall, while Cornish Lithium has reported its emissions data, further transparency regarding reduction initiatives and long-term climate commitments would enhance its sustainability profile in the lithium extraction sector.

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2023
Scope 1
170,000
Scope 2
7,600
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cornish Lithium's primary industry is Other business services (74), which is low 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. Cornish Lithium is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Cornish Lithium 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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