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Electricity Transmission
AU
updated a month ago

Vulcan Energy Resources Sustainability Profile

Company website

Vulcan Energy Resources, an innovative leader in the renewable energy sector, is headquartered in Australia and primarily operates in Europe. Founded in 2020, the company focuses on sustainable lithium extraction and geothermal energy production, positioning itself at the forefront of the transition to clean energy. Vulcan's unique approach combines lithium extraction from geothermal brine with zero-carbon processes, setting it apart in the industry. The company aims to supply the growing electric vehicle market with responsibly sourced lithium, contributing to a more sustainable future. With significant milestones, including partnerships with major automotive manufacturers, Vulcan Energy Resources is rapidly establishing itself as a key player in the global energy landscape, committed to reducing carbon emissions and promoting environmental stewardship.

DitchCarbon Score

How does Vulcan Energy Resources'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.

19

Industry Average

Mean score of companies in the Electricity Transmission 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.

26

Industry Benchmark

Vulcan Energy Resources's score of 19 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

37%

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Vulcan Energy Resources's reported carbon emissions

In 2023, Vulcan Energy Resources reported total carbon emissions of approximately 26,100,000 kg CO2e. This figure includes Scope 1 emissions of about 9,000 kg CO2e, Scope 2 emissions of approximately 128,000 kg CO2e, and significant Scope 3 emissions amounting to around 21,755,000 kg CO2e. The previous year, 2022, saw total emissions of about 2,775,670 kg CO2e, with Scope 1 at approximately 24,500 kg CO2e, Scope 2 at about 128,060 kg CO2e, and Scope 3 emissions reaching around 2,623,110 kg CO2e. Vulcan Energy Resources has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have inherited emissions data from a parent organisation, and all reported figures are sourced directly from Vulcan Energy Resources Limited. The absence of a structured climate pledge or SBTi targets indicates a need for further development in their climate strategy. Overall, Vulcan Energy Resources is actively engaged in monitoring its carbon footprint, but further commitments and reduction strategies would enhance its climate action profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
2,330
00,000
0,000
Scope 2
71,770
000,000
000,000
Scope 3
2,172,870
0,000,000
00,000,000

How Carbon Intensive is Vulcan Energy Resources's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vulcan Energy Resources's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Vulcan Energy Resources's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Vulcan Energy Resources is in AU, which has a very high grid carbon intensity relative to other regions.

Vulcan Energy Resources'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.

Vulcan Energy Resources 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Vulcan Energy Resources's Emissions with Industry Peers

Piedmont Lithium Inc.

US
•
Other non-metallic mineral products
Updated about 1 month ago

Frontier Lithium Inc.

CA
•
Lead, zinc and tin and products thereof
Updated 17 days ago

Igo

AU
•
Nickel ores and concentrates
Updated about 8 hours ago

Arcadium Lithium PLC

US
•
Chemicals nec
Updated 10 days ago

Sigma Lithium Corporation

BR
•
Lead, zinc and tin and products thereof
Updated about 1 month ago

Prospect Resources Limited

AU
•
Lead, zinc and tin and products thereof
Updated about 12 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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