Public Profile

Sociedad Quimica Y Minera

Sociedad Química y Minera de Chile (SQM) is a leading global player in the lithium, potassium, and iodine industries, headquartered in Santiago, Chile. Founded in 1968, SQM has established itself as a key supplier in the agricultural, industrial, and lithium battery sectors, with significant operations in the Salar de Atacama and other regions across Chile. The company is renowned for its high-quality lithium products, which are essential for electric vehicle batteries and renewable energy storage. SQM's commitment to sustainable practices and innovation has positioned it as a market leader, achieving notable milestones such as expanding its lithium production capacity to meet the growing global demand. With a strong focus on research and development, SQM continues to drive advancements in the chemical and mining industries, solidifying its reputation as a trusted partner in the global supply chain.

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.

50

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.

26

Industry Benchmark

Sociedad Quimica Y Minera's score of 50 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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Sociedad Quimica Y Minera's reported carbon emissions

In 2023, Sociedad Quimica y Minera (SQM) reported total carbon emissions of approximately 1,713,957,000 kg CO2e. This figure includes 308,815,000 kg CO2e from Scope 1 emissions, 536,571,000 kg CO2e from Scope 2 emissions, and 868,571,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality in lithium and potassium chloride products by 2030, and for all products by 2040, using 2019 as the baseline year. This goal entails a significant reduction of 90% in emissions by 2040, with the remaining 10% to be offset. Additionally, SQM has committed to a 50% reduction in absolute Scope 1 and 2 emissions by 2030, based on 2021 levels. For Scope 3 emissions, the company aims to reduce emissions by 55% per ton of lithium carbonate equivalent produced by 2031. These targets align with industry standards and reflect SQM's commitment to addressing climate change and reducing its carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
Scope 1
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000
000,000
000,000
000,000,000
000,000,000
000,000,000
Scope 2
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
000,000,000
000,000,000
000,000,000
00,000
00,000
00,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sociedad Quimica Y Minera's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sociedad Quimica Y Minera is in CL, which has a medium grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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