Tianqi Lithium Corporation, a leading player in the secondary raw materials industry, is headquartered in China (CN) and operates extensively across key regions, including Australia and South America. Founded in 1995, the company has established itself as a significant force in lithium production, catering to the growing demand for electric vehicle batteries and renewable energy storage solutions.
Tianqi Lithium's core offerings include lithium hydroxide and lithium carbonate, which are essential components in battery manufacturing. What sets them apart is their commitment to sustainable practices and innovative extraction methods, ensuring high purity and efficiency. With a strong market position, Tianqi Lithium has achieved notable milestones, including strategic partnerships and expansions that bolster its reputation as a reliable supplier in the global lithium market.
-3 vs industry average
Tianqi Lithium’s score of 19 is lower than 42% 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
Recycled Raw Materials is among the most carbon-intensive industries
Industry performance
The Recycled Raw Materials industry has increased its overall emissions by 246% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tianqi Lithium's reported carbon emissions
## Tianqi Lithium: Carbon Emissions and Climate Commitments Headquartered in China, Tianqi Lithium, a key player in the secondary raw materials industry, has outlined significant commitments to reduce its environmental impact. For the reporting year 2024, the company reported total greenhouse gas emissions of approximately 857.5 million kg CO2e. This figure comprises Scope 1 emissions of about 193 million kg CO2e, Scope 2 emissions of approximately 128.5 million kg CO2e, and Scope 3 emissions totalling about 536 million kg CO2e. In the previous year, 2023, Tianqi Lithium's total emissions were approximately 6 million kg CO2e, with Scope 1 at 1 million kg CO2e, Scope 2 at 2 million kg CO2e, and Scope 3 at 3 million kg CO2e. Emissions for 2022 were around 6.3 million kg CO2e, with Scope 1 at 1.1 million kg CO2e, Scope 2 at 2.1 million kg CO2e, and Scope 3 at 3.1 million kg CO2e. In 2021, the company's Scope 1 and Scope 2 emissions together amounted to approximately 255.2 million kg CO2e. Tianqi Lithium has set ambitious targets to address its carbon footprint. The company aims to achieve a reduction of over 42% in Scope 1 and Scope 2 emissions by 2030, using 2021 as the baseline year. Furthermore, Tianqi Lithium is committed to reaching net-zero emissions by 2050.
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Tianqi Lithium’s Climate Goals (2030 & 2050)
3 goals2030
42% reduction in Scope 2
Tianqi Lithium will continue to reduce Scope 1 and Scope 2 emissions from the existing scale of its main business by over 42% by 2030 compar…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Tianqi Lithium
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