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.
+4 vs industry average
Terrafame Ltd’s score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Chemicals is among the most carbon-intensive industries
Industry performance
The Chemicals industry has reduced its overall emissions by 6% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Terrafame Ltd's reported carbon emissions
In 2025, Terrafame Ltd reported total carbon emissions of approximately 573.7 million kg CO2e. This figure includes Scope 1 emissions of about 135.3 million kg CO2e, Scope 2 emissions of approximately 338.1 million kg CO2e, and Scope 3 emissions totalling around 100.3 million kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (about 244.4 million kg CO2e) and capital goods (approximately 21.1 million kg CO2e). Comparatively, in 2024, the company’s total emissions were about 628.0 million kg CO2e, with Scope 1 at approximately 126.9 million kg CO2e, Scope 2 at around 352.2 million kg CO2e, and Scope 3 emissions at about 149.9 million kg CO2e. This indicates a reduction in total emissions from 2024 to 2025. Terrafame Ltd does not currently have specific reduction targets or initiatives documented, nor does it participate in the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Terrafame Oy, reflecting the company's commitment to transparency in its environmental impact reporting. Overall, Terrafame Ltd is actively monitoring its carbon footprint across all scopes, although it has yet to establish formal reduction targets.
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Terrafame Ltd’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Terrafame Ltd yet.
Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Terrafame Ltd
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