Galaxy Resources Limited, commonly referred to as Galaxy Resources, is a leading player in the lithium industry, headquartered in Australia. Established in 1996, the company has made significant strides in the extraction and production of lithium hydroxide and lithium carbonate, essential components for electric vehicle batteries and renewable energy storage solutions. With major operations in Australia and Canada, Galaxy Resources is renowned for its commitment to sustainable mining practices and innovative processing techniques. The company’s flagship projects, including the Sal de Vida lithium brine project in Argentina, highlight its strategic focus on high-quality lithium production. Recognised for its strong market position, Galaxy Resources has achieved notable milestones, including successful partnerships and expansions that bolster its reputation as a reliable supplier in the rapidly growing electric vehicle market.
How does Galaxy Resources'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.
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.
Galaxy Resources's score of 20 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Galaxy Resources, headquartered in Australia, reported total carbon emissions of approximately 28,829,400 kg CO2e. This figure includes about 28,738,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and around 91,200 kg CO2e from Scope 2 emissions related to purchased electricity. Notably, the company has not disclosed any Scope 3 emissions data. In 2019, Galaxy's emissions were approximately 36,351,000 kg CO2e, with Scope 1 emissions at about 36,209,000 kg CO2e and Scope 2 emissions at approximately 142,000 kg CO2e. This indicates a significant reduction in emissions from 2019 to 2020. Despite these figures, Galaxy Resources has not set specific reduction targets or initiatives as part of their climate commitments, nor have they engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. The absence of documented reduction strategies suggests a need for further commitment to climate action within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | |
---|---|---|
Scope 1 | 36,209,000 | 00,000,000 |
Scope 2 | 142,000 | 0,000 |
Scope 3 | - | - |
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.
Galaxy Resources 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.