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 23 is lower than 66% 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 179,660 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 their ongoing commitment to transparency in emissions reporting. For the previous year, 2022, Lepidico's emissions were identical to those of 2024, indicating a stable emissions profile over this period. In 2021, the company reported total emissions of approximately 50,955,000 kg CO2e, with Scope 1 emissions at 45,271,000 kg CO2e and Scope 2 at 7,419,000 kg CO2e. Notably, Scope 3 emissions included 2,507,000 kg CO2e from capital goods and 6,732,000 kg CO2e from purchased goods and services. Lepidico has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of reduction targets suggests a need for further development in their climate strategy. Overall, Lepidico's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in the context of their operations in Australia and the global market.
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| 2021 | 2022 | 2024 | |
|---|---|---|---|
| Scope 1 | 45,271,000 | 00,000 | 00,000 |
| Scope 2 | 7,419,000 | 0,000 | 0,000 |
| Scope 3 | 9,239,000 | 000,000 | 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.
