Terrafame Ltd
Terrafame Ltd, headquartered in Finland (FI), is a prominent player in the mining and metals industry, specialising in sustainable battery chemicals and nickel production. Founded in 2015, the company has rapidly established itself in the European market, particularly in the regions surrounding its operations in Sotkamo and the broader Kainuu area. Terrafame is renowned for its innovative approach to mining, focusing on environmentally responsible practices and circular economy principles. The company’s core products include nickel, cobalt, and zinc, which are essential for the growing electric vehicle and renewable energy sectors. With a commitment to sustainability, Terrafame has achieved significant milestones, positioning itself as a leader in the production of battery materials in Europe.
DitchCarbon Score
How does Terrafame Ltd'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 Chemicals 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
Terrafame Ltd's score of 20 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Terrafame Ltd's reported carbon emissions
In 2022, Terrafame Ltd reported total carbon emissions of approximately 497,944,000 kg CO2e from Scope 1, 119,502,000 kg CO2e from Scope 2, and 246,900,000 kg CO2e from Scope 3. This marked an increase in Scope 1 emissions compared to 2021, where they were about 480,228,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Over the years, Terrafame's emissions have fluctuated, with Scope 1 emissions peaking in 2022. The company has not set formal reduction targets, which places it in a challenging position within the industry as global standards increasingly demand measurable commitments to reduce greenhouse gas emissions. As a result, Terrafame's climate commitments remain vague, highlighting the need for clearer strategies to address its carbon footprint effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 362,242,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 115,020,000 | 00,000,000 | 00,000,000 | 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.
Terrafame Ltd 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.
