Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited Sustainability Profile
Galaxy Resources Limited, a prominent player in the lithium industry, is headquartered in Argentina and focuses on the exploration and development of lithium-rich tenements. Established in 1996, the company has made significant strides in the mining sector, particularly in the Salar del Hombre Muerto region, known for its high-quality lithium brine deposits. Galaxy Resources is dedicated to producing lithium hydroxide and lithium carbonate, essential components for electric vehicle batteries and renewable energy storage. Their commitment to sustainable practices and innovative extraction methods sets them apart in a competitive market. With a strong market position, Galaxy Resources has achieved notable milestones, including successful project developments and strategic partnerships, solidifying its reputation as a leader in the global lithium supply chain.
DitchCarbon Score
How does Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited'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
Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited's score of 25 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Galaxy Resources Limited's Package of Tenements in Salar del Hombre Muerto, Argentina, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The organisation's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges available. However, it is important to note that emissions data and performance metrics may be cascaded from its parent company, POSCO Holdings Inc., at a cascade level of 1. This means that while direct emissions data for Galaxy Resources Limited is not provided, insights into their climate performance may be influenced by the broader initiatives and targets set by POSCO Holdings Inc. As of now, without specific emissions data or reduction targets, the focus remains on the potential for future commitments and the alignment with industry standards for climate action.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 66,888,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000 | 00,000,000,000 | 0,000,000 |
| Scope 2 | 3,479,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - | 0,000,000,000 | - |
How Carbon Intensive is Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited's Industry?
How Carbon Intensive is Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited's Location?
Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited's Scope 3 Categories Breakdown
Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited's Scope 3 emissions, which decreased by 42% last year and decreased by approximately 61% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 9% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 37% of Scope 3 emissions.
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Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited'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.
Package of Tenements in Salar del Hombre Muerto in Argentina of Galaxy Resources Limited 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.
