Syrah Resources Limited
Syrah Resources Limited, commonly referred to as Syrah, is an Australian-based company headquartered in Brisbane, Queensland. Founded in 2010, Syrah has established itself as a key player in the mining and resources industry, primarily focusing on the production of natural graphite. The company operates significant projects in Mozambique, where it has developed one of the largest graphite mines globally. Syrah's core product, high-quality natural graphite, is essential for various applications, including battery production and industrial uses, setting it apart in a competitive market. The company has achieved notable milestones, including the successful commissioning of its Balama Graphite Project, which has positioned Syrah as a leading supplier in the rapidly growing battery materials sector. With a commitment to sustainable practices and innovation, Syrah Resources Limited continues to enhance its market position and contribute to the evolving landscape of the resources industry.
DitchCarbon Score
How does Syrah Resources Limited'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 Lead, Zinc, and Tin Processing 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
Syrah Resources Limited's score of 8 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Syrah Resources Limited's reported carbon emissions
In 2023, Syrah Resources Limited reported carbon emissions of approximately 13,808,000 kg CO2e, all of which fall under Scope 1 emissions. This represents an increase from 2022, where emissions were about 11,464,000 kg CO2e. Notably, there were no reported Scope 2 emissions for either year. For 2024, the company aims to significantly reduce its emissions to approximately 4,955,000 kg CO2e, indicating a substantial commitment to lowering its carbon footprint. Despite these figures, Syrah Resources has not disclosed any specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). Overall, while Syrah Resources Limited has made strides in reducing its emissions, the lack of formal reduction targets suggests an opportunity for further commitment to climate action.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 11,464,000 | 00,000,000 | 0,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
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.
Syrah Resources Limited 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.
