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 57% 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., based 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 approximately 403,700,000 kg CO2e from Scope 2 emissions. The company's emissions have decreased from 861,300,000 kg CO2e in 2022, indicating a significant reduction in their carbon footprint. Ganfeng Lithium is committed to achieving carbon neutrality by 2025 for both Scope 1 and Scope 2 emissions. Additionally, the company has set a long-term goal to reach carbon neutrality by 2060, which applies to both scopes as well. These commitments reflect Ganfeng's proactive approach to addressing climate change and reducing its environmental impact. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. However, their focus on Scope 1 and Scope 2 emissions demonstrates a clear strategy towards sustainability and compliance with industry standards. Overall, Ganfeng Lithium's emissions reduction initiatives and ambitious climate targets position it as a responsible player in the lithium industry, contributing to global efforts to mitigate climate change.
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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.
