Public Profile

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.

30

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.

4

Industry Benchmark

SQM Iodine's score of 30 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

SQM Iodine's reported carbon emissions

In 2023, SQM Iodine reported total carbon emissions of approximately 1,015,000,000 kg CO2e, comprising 119,656,000 kg CO2e from Scope 1, 251,114,000 kg CO2e from Scope 2, and 644,727,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (531,773,000 kg CO2e) and upstream transportation and distribution (373,560,000 kg CO2e). Over the years, SQM Iodine's emissions have fluctuated, with 2020 showing a notable reduction in Scope 1 emissions to 80,966,000 kg CO2e, while Scope 2 emissions increased to 476,552,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in transparency and accountability regarding its climate strategy. Overall, SQM Iodine's emissions data reflects the challenges faced by the industry in managing carbon footprints, particularly in Scope 3 emissions, which often represent the largest share of total emissions. The company is headquartered in Chile (CL) and continues to navigate its role in addressing climate change within the global context.

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2017201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SQM Iodine's primary industry is Other business services (74), which is very low 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. SQM Iodine is headquartered in CL, which has a rank of medium, indicating medium grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

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