SQM Lithium
SQM Lithium, officially known as Sociedad Química y Minera de Chile, is a leading player in the lithium industry, headquartered in the United States. Founded in 1968, the company has established a strong presence in key operational regions, including South America, where it harnesses the rich lithium brine resources of the Salar de Atacama. Specialising in the production of lithium carbonate and lithium hydroxide, SQM Lithium stands out for its commitment to sustainable practices and innovative extraction methods. The company has achieved significant milestones, including expanding its production capacity to meet the growing demand for lithium in electric vehicle batteries and renewable energy storage. With a robust market position, SQM Lithium is recognised for its contributions to the global transition towards clean energy, making it a vital player in the evolving lithium supply chain.
DitchCarbon Score
How does SQM Lithium'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 Lithium's score of 25 is lower than 54% 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 Lithium's reported carbon emissions
In 2021, SQM Lithium reported total carbon emissions of approximately 1,316,735,000 kg CO2e. This figure includes Scope 1 emissions of about 286,562,000 kg CO2e, Scope 2 emissions of approximately 509,108,000 kg CO2e, and Scope 3 emissions totalling around 521,065,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any targets from parent organisations. SQM Lithium's emissions intensity based on production was reported at about 6,040 kg CO2e per tonne, while the emissions intensity based on sales was approximately 0.000398 kg CO2e per USD. The company has not established any formal climate pledges or commitments to reduce emissions, indicating a potential area for future development in their sustainability strategy. Overall, SQM Lithium's emissions data reflects a significant carbon footprint, with opportunities for improvement in their climate action initiatives.
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| 2021 | |
|---|---|
| Scope 1 | 286,562,000 |
| Scope 2 | 509,108,000 |
| Scope 3 | 521,065,000 |
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 Lithium 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.
