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 13 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ganfeng Lithium Group Co's reported carbon emissions
In 2023, Ganfeng Lithium Group Co, headquartered in China (CN), reported total carbon emissions of approximately 1,040,013,360 kg CO2e, comprising about 400,791,570 kg CO2e from Scope 1 and about 639,221,790 kg CO2e from Scope 2 emissions. This marked an increase in emissions compared to previous years, with 2022 emissions recorded at approximately 861,300,000 kg CO2e (389,300,000 kg CO2e from Scope 1 and 472,000,000 kg CO2e from Scope 2). The company has shown fluctuations in its emissions over the years, with 2021 emissions at about 650,300,000 kg CO2e, and 2020 emissions at approximately 460,000,000 kg CO2e. The trend indicates a significant rise in emissions from 2020 to 2023, reflecting the company's expanding operations and revenue, which reached approximately 4.65 billion USD in 2023. Despite the increase in emissions, Ganfeng Lithium has not publicly disclosed specific reduction targets or initiatives aimed at mitigating its carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards. As the lithium industry faces increasing scrutiny regarding sustainability, Ganfeng Lithium's future climate strategies will be crucial in addressing its environmental impact.
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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 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.
