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 6 is lower than 93% 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 total carbon emissions of approximately 155,021,000 kg CO2e. This figure includes Scope 1 emissions of about 1,264,000 kg CO2e, Scope 2 emissions of approximately 22,958,000 kg CO2e, and significant Scope 3 emissions amounting to about 130,075,000 kg CO2e. Vulcan has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, they are actively involved in projects that contribute positively to climate change mitigation, such as their integrated renewable energy and lithium project, which has a net negative climate impact of about 2,000 tonnes CO2e. The company’s commitment to sustainability is evident through its focus on geothermal energy production, which has a reported greenhouse gas emissions intensity of 0.03 kg CO2e per kWh. Despite the lack of formal reduction targets, Vulcan Energy Resources is positioned within the renewable energy sector, which is increasingly prioritising carbon neutrality and sustainable practices.
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| 2021 | 2024 | |
|---|---|---|
| Scope 1 | 2,330 | 0,000,000 |
| Scope 2 | 71,770 | 00,000,000 |
| Scope 3 | 2,172,870 | 000,000,000 |
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.
