Galaxy Lithium International Limited Sustainability Profile
Galaxy Lithium International Limited, commonly referred to as Galaxy Lithium, is a prominent player in the lithium industry, headquartered in Hong Kong. Founded in 2010, the company has rapidly established itself as a leader in the extraction and production of lithium, a critical component for batteries in electric vehicles and renewable energy storage. With major operations in Australia and Canada, Galaxy Lithium focuses on sustainable mining practices and innovative processing techniques. Their core products include high-quality lithium hydroxide and lithium carbonate, which are distinguished by their purity and efficiency in energy applications. Recognised for its commitment to environmental stewardship, Galaxy Lithium has achieved significant milestones, including strategic partnerships and expansions that enhance its market position. As the demand for lithium continues to surge, Galaxy Lithium International Limited remains at the forefront of the industry, driving advancements in clean energy solutions.
DitchCarbon Score
How does Galaxy Lithium International Limited'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 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
Galaxy Lithium International Limited's score of 26 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Galaxy Lithium International Limited, headquartered in Hong Kong, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Arcadium Lithium plc, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or climate pledges from Galaxy Lithium International Limited, it is important to note that emissions data and climate initiatives may be inherited from its parent company, Allkem Pty Ltd, at a cascade level of 2. This means that any climate strategies or emissions reductions from Allkem could potentially impact Galaxy Lithium's approach to sustainability. As of now, Galaxy Lithium International Limited has not established its own specific science-based targets or commitments under the Science Based Targets initiative (SBTi) or other recognised frameworks. The company’s climate strategy remains undefined, reflecting a broader context within the lithium industry, where many companies are increasingly focusing on reducing their carbon footprints and enhancing sustainability practices. In summary, Galaxy Lithium International Limited is currently in a position where it lacks specific emissions data and reduction commitments, relying on the broader corporate family for potential climate initiatives.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 119,700,000 | - |
| Scope 2 | - | - |
| Scope 3 | 82,000,000 | - |
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Galaxy Lithium International Limited'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.
Galaxy Lithium International Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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