Lotus Resources Sustainability Profile
Lotus Resources Limited, commonly referred to as Lotus Resources, is a prominent player in the uranium mining sector, headquartered in Australia. Established in 2020, the company has quickly positioned itself as a key contributor to the global energy market, focusing on the exploration and development of uranium projects, particularly in the highly prospective regions of Malawi and Australia. Lotus Resources is dedicated to sustainable mining practices, offering high-quality uranium products that meet stringent safety and environmental standards. The company’s flagship project, the Kayelekera Uranium Project, showcases its commitment to responsible resource management and innovation in the industry. With a strong emphasis on operational excellence, Lotus Resources has achieved significant milestones, reinforcing its reputation as a reliable supplier in the uranium market.
DitchCarbon Score
How does Lotus Resources'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 Services Auxiliary to Financial Intermediation 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
Lotus Resources's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotus Resources's reported carbon emissions
In 2024, Lotus Resources reported total carbon emissions of approximately 130,564 kg CO2e across its operations in the MW and BW regions. This includes 1174 kg CO2e from Scope 1 emissions in the MW region and 129,390 kg CO2e from Scope 1 emissions in the BW region, alongside 21,000 kg CO2e from Scope 2 emissions in BW. Notably, there were no reported Scope 2 emissions in the MW region. Comparatively, in 2023, the company recorded significant emissions of about 1,132,000 kg CO2e from Scope 1 in the MW region and 1,132,000 kg CO2e from Scope 1 in the BW region, with no Scope 2 emissions reported. This indicates a substantial reduction in emissions from 2023 to 2024, particularly in the MW region. Lotus Resources has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that the company may be in the early stages of formalising its climate commitments. Overall, while Lotus Resources has made strides in reducing its carbon footprint, further transparency regarding its long-term climate strategy and reduction goals would enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,508,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Lotus Resources's Industry?
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Lotus Resources'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.
Lotus Resources 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.
