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.
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.
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.
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.
In 2021, Vulcan Energy Resources reported total carbon emissions of approximately 2,190,970 kg CO2e across all scopes. This included 2,330 kg CO2e from Scope 1 emissions, 71,770 kg CO2e from Scope 2 emissions, and a significant 2,117,870 kg CO2e from Scope 3 emissions. The Scope 3 emissions were primarily driven by capital goods (1,360,450 kg CO2e) and purchased goods and services (669,450 kg CO2e). For 2022, Vulcan's emissions data is less comprehensive, with specific figures not disclosed for total emissions. However, in Australia, the company reported Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of 1,760 kg CO2e, and Scope 3 emissions totalling 1,000,000 kg CO2e, indicating a focus on reducing emissions in its operations. As of 2023, Vulcan has not disclosed any emissions data, but it is noted that their geothermal energy production is expected to have a negative carbon footprint of approximately 8,900 kg CO2e, highlighting their commitment to sustainable practices. Vulcan Energy Resources has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company is actively engaged in initiatives aimed at reducing its carbon footprint through innovative geothermal energy solutions and lithium extraction processes.
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 | - |
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.