Albemarle Sustainability Profile
Albemarle Corporation, commonly referred to as Albemarle, is a leading global specialty chemicals company headquartered in the United States. Founded in 1994, Albemarle has established a strong presence in key operational regions, including North America, Europe, and Asia. The company primarily operates within the lithium, bromine, and catalyst industries, focusing on innovative solutions that cater to diverse markets. Albemarle is renowned for its high-quality lithium products, which are essential for electric vehicle batteries and renewable energy storage. The company’s commitment to sustainability and advanced technology has positioned it as a market leader, with notable achievements in expanding lithium production capacity. With a robust portfolio and a dedication to innovation, Albemarle continues to shape the future of the specialty chemicals sector.
DitchCarbon Score
How does Albemarle'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 Salt and Mineral Mining 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
Albemarle's score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Albemarle's reported carbon emissions
In 2024, Albemarle Corporation reported total carbon emissions of approximately 3,353,000,000 kg CO2e. This includes 753,000,000 kg CO2e from Scope 1 emissions, 241,000,000 kg CO2e from Scope 2 (market-based), and 2,359,000,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 3,236,000,000 kg CO2e, with Scope 1 emissions at 728,000,000 kg CO2e, Scope 2 (market-based) at 273,000,000 kg CO2e, and Scope 3 at 2,235,000,000 kg CO2e. Albemarle has set ambitious climate commitments, aiming to reduce the carbon intensity of its Scope 1 and 2 emissions by 35% by 2030, using a 2019 baseline. This target aligns with science-based targets and reflects the company's commitment to sustainability. Additionally, Albemarle plans to reduce sulphur oxides (SOx) emissions by 90% by 2027 compared to 2022 levels. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Albemarle's ongoing initiatives and targets demonstrate a proactive approach to addressing climate change and reducing its carbon footprint in the chemical manufacturing sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Albemarle's Industry?
How Carbon Intensive is Albemarle's Location?
Albemarle's Scope 3 Categories Breakdown
Albemarle's Scope 3 emissions, which increased by 6% last year and increased by approximately 41% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 70% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 54% of Scope 3 emissions.
Top Scope 3 Categories
Albemarle's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Albemarle has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
