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.
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 25 is higher than 93% 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 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. SQM has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2031, using 2021 as the baseline year. Additionally, the company targets a 55% reduction in Scope 3 emissions per ton of Lithium Carbonate equivalent (LCE) produced within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company's emissions data reflects its ongoing efforts to address climate change while maintaining its position in the chemicals sector. SQM's commitment to sustainability is evident in its proactive approach to reducing its carbon footprint and enhancing operational efficiency.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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.
