Lotus Resources
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 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 21 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lotus Resources's reported carbon emissions
In 2023, Lotus Resources reported carbon emissions of approximately 1,132,000 kg CO2e from Scope 1 sources, with no emissions recorded for Scope 2. This marks a significant reduction from 2022, where total emissions were about 22,135,100 kg CO2e, comprising 1,859,000 kg CO2e from Scope 1 and 19,531,100 kg CO2e from Scope 3. The company has shown a trend of fluctuating emissions over the years, with 2020 recording the highest Scope 1 emissions at approximately 3,231,000 kg CO2e. In 2021, emissions decreased to about 1,504,000 kg CO2e, indicating a potential commitment to reducing their carbon footprint. Despite these figures, Lotus Resources has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, reflecting an awareness of its environmental impact. Overall, while Lotus Resources has made strides in reducing its Scope 1 emissions, further commitments and strategies may be necessary to address its overall carbon footprint, particularly in Scope 3 emissions, which remain significantly high.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,508,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - | - |
| Scope 3 | - | - | - | 00,000,000 | - | - |
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.
Lotus Resources is not committed to any reduction initiatives 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.
