Sociedad Quimica Y Minera

Sociedad Química y Minera (SQM), headquartered in Chile and operating within the Chemicals sector, has reported its carbon emissions and outlined several climate commitments.

For the reporting year 2025, SQM's total greenhouse gas emissions were approximately 1,784,171,000 kg CO2e. This figure comprises Scope 1 emissions of about 408,423,000 kg CO2e, Scope 2 emissions of approximately 543,410,000 kg CO2e, and Scope 3 emissions totalling around 832,338,000 kg CO2e.

In the preceding year, 2024, total emissions stood at approximately 1,921,853,000 kg CO2e, with Scope 1 at 504,928,000 kg CO2e, Scope 2 at 512,397,000 kg CO2e, and Scope 3 at 904,528,000 kg CO2e.

Looking back, SQM's total emissions for 2023 were approximately 1,713,957,000 kg CO2e (Scope 1: 308,815,000 kg CO2e, Scope 2: 536,571,000 kg CO2e, Scope 3: 868,571,000 kg CO2e). In 2022, total emissions were approximately 1,481,487,000 kg CO2e (Scope 1: 300,298,000 kg CO2e, Scope 2: 508,076,000 kg CO2e, Scope 3: 673,113,000 kg CO2e).

SQM has set ambitious reduction targets. The company aims for carbon neutrality across all its products by 2040, with specific targets for Lithium, KCl, SOP, and Iodine products by 2030. Furthermore, SQM is committed to an absolute reduction of 42% in Scope 1 and 2 emissions by 2031, using 2021 as a base year. An intensity reduction of 52% in Scope 3 emissions is also targeted for the same period. SQM Lithium specifically commits to reducing absolute Scope 1 and 2 GHG emissions by 46.2% by 2031, compared to the 2021 baseline. The company also aspires to be carbon neutral 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. Another stated goal is a 60% reduction in emissions by 2030.