Mp Materials Sustainability Profile
Mp Materials, officially known as MP Materials Corp., is a leading player in the rare earth materials industry, headquartered in the United States. Founded in 2017, the company has rapidly established itself as a key supplier of high-purity rare earth materials, essential for various advanced technologies, including electric vehicles, renewable energy systems, and consumer electronics. With major operations in Mountain Pass, California, Mp Materials is renowned for its unique ability to produce neodymium and praseodymium, critical components in powerful permanent magnets. The company’s commitment to sustainable practices and domestic production has positioned it as a vital contributor to the US supply chain, particularly in the context of growing demand for clean energy solutions. Notably, Mp Materials has achieved significant milestones, including becoming the largest producer of rare earth materials in North America, reinforcing its market leadership and commitment to innovation.
DitchCarbon Score
How does Mp Materials'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 Salt and Mineral Mining 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
Mp Materials's score of 22 is lower 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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Mp Materials's reported carbon emissions
In 2024, MP Materials reported total emissions of approximately 102,028,000 kg CO2e, comprising 100,028,000 kg CO2e from Scope 1 and 2,700,000 kg CO2e from Scope 2 emissions. In 2023, the company’s emissions in the US were approximately 74,627,000 kg CO2e, with Scope 1 emissions at 73,627,000 kg CO2e and Scope 2 emissions at 1,000,000 kg CO2e. The global figures for 2023 mirrored these totals, indicating a consistent emission profile. MP Materials has not disclosed any Scope 3 emissions data, and there are currently no specific reduction targets or initiatives outlined in their sustainability reports. The company does not appear to have cascaded emissions data from a parent organisation, as indicated by their independent reporting structure. Overall, MP Materials is actively monitoring its carbon footprint, but further commitments or reduction strategies have yet to be established or publicly communicated.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 24,408,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 8,685,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Mp Materials's Industry?
How Carbon Intensive is Mp Materials's Location?
Mp Materials'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.
Mp Materials 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.
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