Sociedad Quimica Y Minera
Sociedad Química y Minera de Chile (SQM), commonly referred to as SQM, is a leading global player in the lithium, potassium, and iodine industries. Headquartered in Santiago, Chile, the company operates primarily in the Salar de Atacama region, renowned for its rich mineral resources. Founded in 1968, SQM has achieved significant milestones, including becoming one of the largest lithium producers worldwide. SQM's core products include lithium carbonate, potassium nitrate, and iodine, each distinguished by their high purity and sustainable extraction methods. The company’s commitment to innovation and environmental stewardship has solidified its market position, making it a preferred supplier for various industries, including electric vehicle batteries and agriculture. With a strong focus on sustainability and technological advancement, SQM continues to lead in the global market, contributing to the transition towards greener energy solutions.
DitchCarbon Score
How does Sociedad Quimica Y Minera'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 Chemicals 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
Sociedad Quimica Y Minera's score of 27 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sociedad Quimica Y Minera's reported carbon emissions
In 2023, Sociedad Quimica y Minera (SQM) reported total greenhouse gas (GHG) emissions of approximately 1.71 million tonnes CO2e. This figure includes 308,815 tonnes CO2e from Scope 1 emissions, 536,571 tonnes CO2e from Scope 2 emissions, and 868,571 tonnes CO2e from Scope 3 emissions. Notably, the Scope 3 emissions primarily stem from purchased goods and services. SQM has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 GHG emissions by 46.2% by 2031, using 2021 as the baseline year. Additionally, the company targets a 55% reduction in Scope 3 emissions per tonne of Lithium Carbonate equivalent (LCE) produced within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect SQM's commitment to sustainable practices in the chemicals sector. Overall, SQM's proactive approach to managing carbon emissions demonstrates its dedication to addressing climate change and enhancing environmental sustainability.
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Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 769,812,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 400,021,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Sociedad Quimica Y Minera is committed to some 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.
