Lepidico Sustainability Profile
Lepidico Ltd, commonly referred to as Lepidico, is an innovative Australian company headquartered in Perth, Western Australia. Founded in 2016, Lepidico operates primarily in the lithium industry, focusing on the development of sustainable lithium hydroxide production from lithium mica. The company has made significant strides in advancing its proprietary L-Max® and LOH-Max® technologies, which enable the efficient extraction of lithium from hard rock sources. With a commitment to environmentally responsible practices, Lepidico aims to position itself as a leader in the global lithium supply chain. The company has achieved notable milestones, including the successful completion of pilot plant operations, which underscore its potential to meet the growing demand for lithium in electric vehicle batteries and renewable energy storage. As the market for lithium continues to expand, Lepidico's unique approach and innovative solutions set it apart in a competitive landscape.
DitchCarbon Score
How does Lepidico'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 Business Services 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
Lepidico's score of 20 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lepidico's reported carbon emissions
In 2024, Lepidico reported total carbon emissions of approximately 191,660 kg CO2e, comprising 33,420 kg CO2e from Scope 1, 5,420 kg CO2e from Scope 2, and a significant 141,820 kg CO2e from Scope 3 emissions. This data reflects a consistent reporting approach, as similar figures were recorded in 2022, indicating stable emissions levels over the two years. Lepidico has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the company has yet to formalise a structured approach to emissions reduction. Furthermore, there are no climate pledges or documented reduction initiatives available in their reports. The company’s emissions data is self-reported and does not appear to be cascaded from any parent organisation, ensuring that the figures reflect Lepidico's direct operational impact. As the company continues to navigate its environmental responsibilities, further commitments and strategies may be anticipated in future disclosures.
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| 2022 | 2024 | |
|---|---|---|
| Scope 1 | 33,420 | 00,000 |
| Scope 2 | 5,420 | 0,000 |
| Scope 3 | 141,820 | 000,000 |
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Lepidico'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.
Lepidico 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.
