Vulcan Energy Resources
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.
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.
Industry Benchmark
Vulcan Energy Resources's score of 2 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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Vulcan Energy Resources's reported carbon emissions
In 2024, Vulcan Energy Resources reported significant carbon emissions, with Scope 2 emissions from purchased electricity amounting to approximately 22,958,000 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data for this year. In 2023, Vulcan did not report any emissions data for its operations in Australia or globally. However, in 2022, the company disclosed emissions of 1,760 kg CO2e for Scope 2 in Australia, alongside Scope 3 emissions totalling approximately 1,000,000 kg CO2e, which included significant contributions from purchased goods and services (693,040 kg CO2e) and business travel (82,870 kg CO2e). Vulcan's commitment to reducing its carbon footprint is evident through its integrated renewable energy and lithium project, which has a reported negative carbon footprint of about 2,000 tonnes CO2e. Despite the absence of specific reduction targets or initiatives, Vulcan Energy Resources is actively engaged in sustainable practices, particularly in geothermal energy production, which is aligned with industry standards for climate action. Overall, Vulcan Energy Resources is focused on minimising its environmental impact while advancing its renewable energy projects, although further details on specific reduction targets are currently unavailable.
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| 2021 | 2024 | |
|---|---|---|
| Scope 1 | 2,330 | - |
| Scope 2 | 71,770 | 00,000,000 |
| Scope 3 | 2,172,870 | - |
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.
Vulcan Energy Resources is not participating in any of the initiatives that 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.
