Ganfeng Lithium Group Co Sustainability Profile
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 43 is higher than 67% 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 1,545,683,000 kg CO2e, which includes 345,100,000 kg CO2e from Scope 1, 403,700,000 kg CO2e from Scope 2, and a significant 1,019,820,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality by 2025 for both Scope 1 and Scope 2 emissions. Additionally, Ganfeng has long-term goals to achieve carbon neutrality by 2060 across these scopes. In 2024, Ganfeng's emissions were reported at approximately 1,565,175,000 kg CO2e, with Scope 1 emissions at 326,000 kg CO2e and Scope 2 emissions at 579,100 kg CO2e. The company has disclosed its emissions data for these scopes, demonstrating a commitment to transparency and accountability in its climate strategy. Ganfeng Lithium's initiatives reflect a proactive approach to reducing its carbon footprint, aligning with industry standards and expectations for sustainability. The company's efforts are crucial in the context of the growing demand for lithium, particularly in the new energy vehicle sector, which is projected to require about 63,000 kg CO2e of lithium resources globally.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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 | - | - | - | 0,000,000,000 | 0,000,000,000 | - |
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Ganfeng Lithium Group Co'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.
Ganfeng Lithium Group Co has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
