Neometals
Neometals Ltd, an innovative leader in the resource recovery and sustainable materials sector, is headquartered in Australia. Founded in 2005, the company has established a strong presence in the lithium and battery recycling industries, focusing on the development of advanced technologies for resource recovery. With operations primarily in Australia and strategic partnerships globally, Neometals is renowned for its unique hydrometallurgical processes that enhance the recycling of lithium-ion batteries and other critical minerals. The company’s commitment to sustainability and circular economy principles positions it as a key player in the transition to a greener future. Notable achievements include successful pilot projects and collaborations that underscore its market leadership in sustainable resource management. Neometals continues to drive innovation, making significant strides in the evolving landscape of clean technology and resource efficiency.
DitchCarbon Score
How does Neometals'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 Copper Products 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
Neometals's score of 11 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Neometals's reported carbon emissions
In 2023, Neometals reported total carbon emissions of approximately 384,000 kg CO2e, comprising 130,000 kg CO2e from Scope 1 and 254,000 kg CO2e from Scope 2 emissions. This marks a significant increase from 2022, where total emissions were about 303,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. In 2022, Neometals' emissions in Australia were approximately 157,000 kg CO2e, while in 2021, they reported about 172,000 kg CO2e. The trend shows fluctuations in emissions, with a notable increase in 2023. The absence of Scope 3 emissions data suggests that Neometals may not be currently addressing emissions from their supply chain or product use. Overall, while Neometals has made strides in reporting their emissions, the lack of defined reduction targets or climate pledges highlights an area for potential improvement in their sustainability strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 89,000 | 000,000 | 00,000 | 000,000 | 00,000 |
| Scope 2 | 290,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 3 | - | - | - | - | - |
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.
Neometals 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.
