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 18 is lower than 94% 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 50,955,000 kg CO2e, comprising 45,271,000 kg CO2e from Scope 1, 9,692,000 kg CO2e from Scope 2, and 9,239,000 kg CO2e from Scope 3 emissions. The company has not disclosed specific emissions data for 2023, but it has indicated a benchmark average greenhouse gas emissions intensity of about 22,300 kg CO2e per tonne of product. Lepidico's emissions intensity for its Abu Dhabi Phase 1 chemical plant is estimated at 7.46 tonnes CO2e per tonne of lithium hydroxide produced, while upstream mining and mineral concentration at Karibib has an emissions intensity of 0.13 tonnes CO2e per tonne of concentrate. Currently, Lepidico has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in line with industry standards for climate action. The absence of defined reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 45,271,000 | 00,000,000 |
| Scope 2 | 7,419,000 | 0,000,000 |
| Scope 3 | 9,239,000 | 0,000,000 |
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.
