Ganfeng Lithium Group Co
Ganfeng Lithium Group Co., Ltd., commonly referred to as Ganfeng Lithium, is a leading player in the lithium industry, headquartered in China. Founded in 2000, the company has established itself as a key supplier of lithium products, serving various sectors including electric vehicles, energy storage, and consumer electronics. With major operations in China, Australia, and Argentina, Ganfeng Lithium is renowned for its innovative extraction and processing techniques, which enhance the purity and efficiency of its core products, such as lithium hydroxide and lithium carbonate. The company has achieved significant milestones, including strategic partnerships and expansions that solidify its market position as one of the largest lithium producers globally. Ganfeng Lithium's commitment to sustainability and technological advancement sets it apart in a rapidly evolving industry.
DitchCarbon Score
How does Ganfeng Lithium Group Co'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 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.
Industry Benchmark
Ganfeng Lithium Group Co's score of 30 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ganfeng Lithium Group Co's reported carbon emissions
In 2023, Ganfeng Lithium Group Co., headquartered in China (CN), reported total carbon emissions of approximately 748,800,000 kg CO2e. This figure includes about 345,100,000 kg CO2e from Scope 1 emissions and about 403,700,000 kg CO2e from Scope 2 emissions. In comparison, the company’s total emissions for 2022 were about 861,300,000 kg CO2e, with Scope 1 emissions at approximately 389,300,000 kg CO2e and Scope 2 emissions at about 472,000,000 kg CO2e. Ganfeng Lithium has set ambitious climate commitments, aiming for carbon neutrality by 2025 for both Scope 1 and Scope 2 emissions. Additionally, the company has a long-term goal of achieving carbon neutrality by 2060. These targets reflect a proactive approach to reducing their carbon footprint and align with industry standards for climate action. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Ganfeng Lithium's commitment to sustainability is further underscored by its revenue of approximately USD 4.65 billion in 2023, which highlights the scale of its operations and the importance of addressing emissions in line with its business growth.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 302,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 88,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
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.
Ganfeng Lithium Group Co is not participating in any of the initiatives that 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.
