Livent Sustainability Profile
Livent Corporation, commonly referred to as Livent, is a leading global producer of lithium hydroxide, headquartered in the United States. Founded in 2018, the company emerged from a rich history in lithium production, focusing on the growing demand for electric vehicle batteries and energy storage solutions. With major operational regions spanning North America and South America, Livent is strategically positioned to serve the expanding battery market. Livent's core offerings include high-purity lithium hydroxide and lithium carbonate, which are essential for advanced battery technologies. What sets Livent apart is its commitment to sustainable practices and innovative production methods, ensuring a reliable supply of lithium for the evolving energy landscape. Recognised for its significant contributions to the lithium industry, Livent continues to strengthen its market position through strategic partnerships and investments in cutting-edge technologies.
DitchCarbon Score
How does Livent'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 Chemicals 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
Livent's score of 34 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Livent's reported carbon emissions
In 2022, Livent Corporation reported total greenhouse gas (GHG) emissions of approximately 388.4 million kg CO2e. This total includes 103,465,000 kg CO2e from Scope 1 emissions, 11,807,000 kg CO2e from Scope 2 emissions, and 273,135,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its GHG intensity by 30% across its operations by 2030, applicable to both Scope 1 and Scope 2 emissions. Additionally, Livent aims to achieve a 35% reduction in absolute emissions from 2021 levels by 2030 for both Scope 1 and Scope 2 emissions. Livent's emissions data is cascaded from its parent company, Arcadium Lithium plc, which is classified as a current subsidiary. The company has inherited legacy goals from FMC Corporation, aiming for a 20% reduction in GHG emissions intensity by 2025 compared to 2013 baselines. Livent's commitment to sustainability is evident in its operational strategies and reduction initiatives, aligning with industry standards for climate action.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 67,131,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 24,723,000 | 00,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 |
How Carbon Intensive is Livent's Industry?
How Carbon Intensive is Livent's Location?
Livent's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 70% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 54% of Scope 3 emissions.
Top Scope 3 Categories
Livent'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.
Livent has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
