Sociedad Química y Minera de Chile (SQM) is a leading player in the chemicals nec industry, headquartered in Santiago, Chile. Founded in 1968, SQM has established itself as a key provider of specialty fertilisers, lithium, iodine, and other industrial chemicals, primarily serving markets across South America, North America, and Europe.
The company is renowned for its innovative approach to sustainable mining and production processes, particularly in lithium extraction, which is crucial for the growing electric vehicle market. SQM's commitment to quality and sustainability has positioned it as a market leader, with notable achievements including significant contributions to the global supply of lithium and iodine. With a strong focus on research and development, SQM continues to drive advancements in the chemicals sector, reinforcing its reputation as a trusted partner in the industry.
+19 vs industry average
Sociedad Quimica Y Minera’s score of 48 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 6% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sociedad Quimica Y Minera's reported carbon emissions
Sociedad Quimica Y Minera (SQM), headquartered in Chile and operating in the chemicals sector, has reported its carbon emissions across various scopes. For the reporting year 2025, SQM reported a total of approximately 1.78 billion kg CO2e, with Scope 1 emissions at about 408 million kg CO2e, Scope 2 at approximately 543 million kg CO2e, and Scope 3 at about 832 million kg CO2e. In the prior year, 2024, total emissions were approximately 1.92 billion kg CO2e, comprising Scope 1 of about 505 million kg CO2e, Scope 2 of approximately 512 million kg CO2e, and Scope 3 of about 905 million kg CO2e. Looking back, SQM's total emissions in 2023 were approximately 1.71 billion kg CO2e, broken down into Scope 1 of about 309 million kg CO2e, Scope 2 of approximately 537 million kg CO2e, and Scope 3 of about 869 million kg CO2e. In 2022, total emissions stood at approximately 1.48 billion kg CO2e, with Scope 1 at about 300 million kg CO2e, Scope 2 at approximately 508 million kg CO2e, and Scope 3 at about 673 million kg CO2e. For 2021, total emissions were approximately 1.32 billion kg CO2e, including Scope 1 of about 287 million kg CO2e and Scope 2 of approximately 509 million kg CO2e. SQM has established several significant climate commitments. The company aims to achieve carbon neutrality for its Lithium, KCl, and SOP products by 2030, and for all its products by 2040. A key target is a 42% reduction in absolute Scope 1 and 2 emissions by 2031, compared to a 2021 baseline. Furthermore, SQM is targeting a 52% intensity reduction in Scope 3 emissions by 2031, also based on 2021 levels. More specifically, SQM Lithium is committed to reducing absolute Scope 1 and 2 GHG emissions by 46.2% by 2031, using 2021 as the base year. An intensity target for Scope 3 emissions aims for a 55% reduction by 2031, from a 2021 baseline. SQM also aspires to be carbon neutral in its iodine products business line by 2040, encompassing scopes 1 and 2. Overall, SQM aims to reduce emissions by 60% by 2030 and achieve carbon neutrality for its products by 2040. The company is also working towards carbon neutrality for lithium and potassium chloride by 2030, and for all its products by 2040, with a 90% reduction and 10% offset of emissions by 2040, using 2019 as the base year.
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Sociedad Quimica Y Minera’s Climate Goals (2030 & 2050)
8 goals2040
90% reduction in scope 3 total
aspirar a ser carbono neutral para el litio y cloruro de potasio hacia el 2030, y de todos nuestros productos hacia el 2040, tomando como añ…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Sociedad Quimica Y Minera
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