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 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 19 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SQM Iodine's reported carbon emissions
In 2023, SQM Iodine reported total carbon emissions of approximately 119,656,000 kg CO2e for Scope 1, 251,114,000 kg CO2e for Scope 2, and 644,727,000 kg CO2e for Scope 3 emissions. This indicates a significant reliance on indirect emissions, particularly from purchased goods and services, which accounted for about 531,773,000 kg CO2e. Over the years, SQM Iodine's emissions have fluctuated. In 2022, the company recorded approximately 102,400,000 kg CO2e in Scope 1, 217,038,000 kg CO2e in Scope 2, and 383,840,000 kg CO2e in Scope 3. The 2021 figures were similar, with Scope 1 emissions at about 92,956,000 kg CO2e, Scope 2 at 214,515,000 kg CO2e, and Scope 3 at 268,262,000 kg CO2e. Despite these emissions, SQM Iodine has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a challenging industry context, where emissions are often substantial due to the nature of production processes and supply chains. Overall, SQM Iodine's emissions data highlights the importance of addressing both direct and indirect emissions as part of their climate strategy, particularly in the context of global sustainability efforts.
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Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 179,538,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 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 committed to any 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.
