Prospect Resources Limited Sustainability Profile
Prospect Resources Limited, commonly referred to as Prospect, is an Australian-based mining and exploration company headquartered in Perth, Western Australia. Founded in 2017, Prospect has quickly established itself in the lithium and mineral exploration sector, focusing on the development of high-quality lithium projects in Zimbabwe and other strategic regions. The company’s flagship asset, the Arcadia Lithium Project, is notable for its significant resource base and potential for high-grade lithium production, catering to the growing demand for electric vehicle batteries and renewable energy solutions. Prospect Resources is committed to sustainable mining practices, which sets it apart in the industry. With a strong market position and a dedicated team, Prospect Resources Limited continues to achieve key milestones, positioning itself as a leader in the lithium market and contributing to the global transition towards cleaner energy.
DitchCarbon Score
How does Prospect 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 Lead, Zinc, and Tin Processing 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
Prospect Resources Limited's score of 4 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Prospect Resources Limited's reported carbon emissions
Prospect Resources Limited, headquartered in Australia, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and formal commitments suggests that Prospect Resources Limited may still be in the early stages of developing a comprehensive climate strategy. In the context of the industry, many companies are increasingly adopting science-based targets and committing to net-zero emissions to align with global climate goals. However, without specific initiatives or targets, it is unclear how Prospect Resources Limited plans to address its carbon footprint or contribute to climate action. As the company evolves, it may consider establishing measurable goals and reporting frameworks to enhance its sustainability profile.
How Carbon Intensive is Prospect Resources Limited's Industry?
How Carbon Intensive is Prospect Resources Limited's Location?
Prospect 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.
Prospect 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.
