Lepidico
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 83% 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 2022, Lepidico reported total carbon emissions of approximately 171,660 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. The company has not disclosed emissions data for 2023, but it has indicated a benchmark average GHG emissions intensity of about 22,300 kg CO2e per tonne for its production processes. Lepidico has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of reduction targets suggests a need for further development in their climate strategy. The emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Lepidico Limited. Overall, while Lepidico has made strides in reporting its emissions, the lack of defined reduction goals highlights an area for potential improvement in its sustainability efforts.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 45,271,000 | 00,000 |
| Scope 2 | 7,419,000 | 0,000 |
| Scope 3 | 9,239,000 | 000,000 |
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.
Lepidico 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.
