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 0 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 2021, Vulcan Energy Resources reported total carbon emissions of approximately 2,194,970 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 2,172,870 kg CO2e. This included 1,360,450 kg CO2e from capital goods and 669,450 kg CO2e from purchased goods and services. Scope 1 emissions were recorded at 2,330 kg CO2e, while Scope 2 emissions totalled 71,770 kg CO2e. For 2022, Vulcan's emissions data is incomplete, but in Australia, they reported Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of 1,760 kg CO2e, and Scope 3 emissions of approximately 1,000,000 kg CO2e. In Germany, Scope 1 emissions were 24,500 kg CO2e, Scope 2 emissions reached 126,300 kg CO2e, and Scope 3 emissions totalled about 1,300,000 kg CO2e. As of 2023, Vulcan has not disclosed any emissions data. However, they are committed to reducing their carbon footprint through initiatives related to geothermal energy production and lithium extraction, which are expected to yield negative emissions in the future. Notably, they aim to achieve a carbon footprint reduction of approximately 2,000 tonnes CO2e from their integrated renewable energy and lithium project. Vulcan Energy Resources has not set specific reduction targets or climate pledges, indicating a need for further commitment to measurable climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
