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 19% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sociedad Quimica Y Minera's reported carbon emissions
Sociedad Química y Minera (SQM), headquartered in Chile and operating within the Chemicals sector, has reported its carbon emissions across Scopes 1, 2, and 3.
For the reporting year 2025, SQM's total emissions were approximately 1.78 billion kg CO2e, comprising about 408.4 million kg CO2e from Scope 1, 543.4 million kg CO2e from Scope 2, and 832.3 million kg CO2e from Scope 3.
In 2024, total emissions were approximately 1.92 billion kg CO2e, with Scope 1 at about 504.9 million kg CO2e, Scope 2 at approximately 512.4 million kg CO2e, and Scope 3 at about 904.5 million kg CO2e.
For 2023, total emissions were approximately 1.71 billion kg CO2e, including 308.8 million kg CO2e for Scope 1, 536.6 million kg CO2e for Scope 2, and 868.6 million kg CO2e for Scope 3.
Looking back, in 2022, total emissions were approximately 1.48 billion kg CO2e (Scope 1: 300.3 million kg CO2e; Scope 2: 508.1 million kg CO2e; Scope 3: 673.1 million kg CO2e). In 2021, total emissions amounted to approximately 1.32 billion kg CO2e (Scope 1: 286.6 million kg CO2e; Scope 2: 509.1 million kg CO2e; Scope 3: 521.1 million kg CO2e). In 2020, total emissions were about 1.16 billion kg CO2e (Scope 1: 271.0 million kg CO2e; Scope 2: 476.6 million kg CO2e; Scope 3: 415.3 million kg CO2e). In 2019, Scope 1 emissions were approximately 244.8 million kg CO2e and Scope 2 emissions were about 404.5 million kg CO2e. In 2018, total emissions were approximately 940.6 million kg CO2e, with Scope 1 at 235.3 million kg CO2e, Scope 2 at 385.3 million kg CO2e, and Scope 3 at 320.0 million kg CO2e. In 2017, total emissions were approximately 893.4 million kg CO2e, comprising 179.5 million kg CO2e for Scope 1 and 301.3 million kg CO2e for Scope 2, with Scope 3 at 412.5 million kg CO2e. In 2016, Scope 1 emissions were about 219.8 million kg CO2e and Scope 2 emissions were approximately 385.5 million kg CO2e. In 2015, total Scope 1 and 2 emissions were approximately 769.8 million kg CO2e. In 2014, total Scope 1 and 2 emissions were approximately 664.2 million kg CO2e.
SQM has set ambitious climate targets. The company aims for carbon neutrality for its Lithium, KCl, and Iodine products by 2030, and for all its products by 2040. Specifically, SQM is working towards a 42% absolute reduction in Scope 1 and 2 emissions and a 52% intensity reduction in Scope 3 emissions by 2031, using 2021 as a base year. Another commitment outlines a 46.2% absolute reduction in Scope 1 and 2 GHG emissions by 2031, also from a 2021 baseline. SQM also aspires to be carbon neutral in its iodine products business line by 2040, considering Scopes 1 and 2. Furthermore, they aim to reduce emissions by 60% by 2030, with a long-term goal of achieving carbon neutrality for all products by 2040. A specific target for lithium and potassium chloride is carbon neutrality by 2030, with an overall reduction of 90% and 10% offset by 2040, using 2019 as the base year. There is also a target for a 55% intensity reduction in Scope 3 emissions by 2031 compared to 2021.
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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.
See all 8 climate goals
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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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Data year: 2025
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