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 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 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vulcan Energy Resources's reported carbon emissions
In 2022, Vulcan Energy Resources reported significant carbon emissions, with Scope 1 emissions at approximately 24,500 kg CO2e, Scope 2 emissions at about 126,300 kg CO2e, and Scope 3 emissions totalling around 1,300,000 kg CO2e in Germany. In Australia, their emissions included 1,760 kg CO2e for Scope 2 and approximately 693,040 kg CO2e for Scope 3. The company has not disclosed specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. In 2021, their total emissions were approximately 2,190,000 kg CO2e, with Scope 1 emissions at 2,330 kg CO2e, Scope 2 at 71,770 kg CO2e, and a substantial 2,172,870 kg CO2e from Scope 3. Vulcan Energy Resources is focused on integrating renewable energy into their operations, with a commitment to sustainable practices, although specific reduction targets have not been established. The company aims to leverage geothermal energy for lithium extraction, which is expected to contribute to a lower carbon footprint in future operations.
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Add to project| 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 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.
