Neometals Sustainability Profile
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 6 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Neometals's reported carbon emissions
In 2024, Neometals, headquartered in Australia, reported total carbon emissions of approximately 102,000 kg CO2e, comprising 25,000 kg CO2e from Scope 1 and 77,000 kg CO2e from Scope 2. This marks a significant focus on reducing operational emissions, although specific reduction targets or achievements have not been disclosed. For the previous year, 2023, Neometals reported total emissions of 192,000 kg CO2e in Australia, with no detailed breakdown available for Scope 1 or Scope 2 emissions. Globally, their emissions for 2023 were reported at 384,000 kg CO2e, with 130,000 kg CO2e from Scope 1 and 254,000 kg CO2e from Scope 2. Neometals has not established any specific science-based targets (SBTi) or documented reduction initiatives, indicating a potential area for future commitment. The absence of Scope 3 emissions data suggests that the company may be in the early stages of comprehensive emissions reporting. Overall, while Neometals has made strides in tracking and reporting its carbon footprint, further commitments and reduction strategies will be essential for aligning with industry standards and addressing climate change effectively.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 89,000 | 000,000 | 00,000 | 000,000 |
| Scope 2 | 290,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - |
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Neometals'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.
Neometals 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.
