Syrah Resources Limited Sustainability Profile
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 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Syrah Resources Limited's reported carbon emissions
In 2024, Syrah Resources Limited reported total Scope 1 and 2 emissions of approximately 4,955,000 kg CO2e in Mozambique. The company has not disclosed emissions data for other scopes (Scope 3) or for its global operations in the same year. In 2023, the Mozambique operations recorded emissions of about 13,808,000 kg CO2e, while global emissions data for that year remains undisclosed. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Syrah Resources Limited's emissions intensity rate was reported at approximately 4,300 kg CO2e per tonne in 2023 and 3,100 kg CO2e per tonne in 2022, reflecting a potential focus on improving operational efficiency. As of now, Syrah Resources Limited does not inherit emissions data from any parent or related organizations, and all reported figures are derived directly from its own disclosures. The company continues to operate within the context of the mining and resources sector, which is increasingly scrutinised for its environmental impact and carbon footprint.
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Syrah Resources Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Syrah Resources Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
