SQM Iodine
SQM Iodine, a subsidiary of Sociedad Química y Minera de Chile, is a leading player in the global iodine market, headquartered in Chile (CL). Established in the early 20th century, the company has evolved significantly, marking key milestones in the development of iodine extraction and production technologies. Operating primarily in South America, SQM Iodine focuses on the extraction and processing of iodine and its derivatives, catering to diverse industries such as pharmaceuticals, agriculture, and electronics. Their core products, including high-purity iodine and iodinated compounds, are distinguished by their quality and sustainability practices. With a strong market position, SQM Iodine is recognised for its commitment to innovation and environmental responsibility, solidifying its reputation as a trusted supplier in the iodine sector.
DitchCarbon Score
How does SQM Iodine'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 Business Services 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
SQM Iodine's score of 24 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SQM Iodine's reported carbon emissions
In 2023, SQM Iodine reported total carbon emissions of approximately 1,713,957,000 kg CO2e. This figure includes Scope 1 emissions of about 308,815,000 kg CO2e, Scope 2 emissions of around 536,571,000 kg CO2e, and Scope 3 emissions totalling approximately 868,571,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 1,481,487,000 kg CO2e, with Scope 1 at approximately 300,298,000 kg CO2e, Scope 2 at around 508,076,000 kg CO2e, and Scope 3 at about 673,113,000 kg CO2e. This indicates a significant increase in emissions year-on-year. SQM Iodine has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for enhanced climate strategies within the organisation. The emissions data is not cascaded from any parent organisation, indicating that SQM Iodine independently reports its carbon footprint. The company operates from its headquarters in Chile (CL) and is focused on addressing its environmental impact through ongoing assessments of its emissions across all scopes.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 179,538,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 301,284,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 412,548,000 | 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.
SQM Iodine is not participating in any 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.
