Allkem Sustainability Profile
Allkem Limited, a prominent player in the lithium and chemical manufacturing industry, is headquartered in Australia. Established in 2021 through the merger of Orocobre Limited and Galaxy Resources, Allkem has rapidly positioned itself as a key contributor to the global transition towards sustainable energy solutions. The company operates primarily in Australia, Argentina, and Japan, focusing on the production of lithium hydroxide and lithium carbonate, essential components for electric vehicle batteries and renewable energy storage. Allkem's unique approach combines innovative extraction techniques with a commitment to environmental sustainability, setting it apart in a competitive market. With significant milestones, including the expansion of its lithium production capacity, Allkem has achieved a strong market presence, recognised for its high-quality products and strategic partnerships. As the demand for lithium continues to surge, Allkem is well-placed to play a vital role in the evolving energy landscape.
DitchCarbon Score
How does Allkem'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
Allkem's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Allkem's reported carbon emissions
In 2024, Allkem reported total carbon emissions of approximately 387,193,000 kg CO2e, comprising 238,628,000 kg CO2e from Scope 1 and 148,565,000 kg CO2e from Scope 2. This data reflects a significant commitment to transparency in emissions reporting, although no Scope 3 emissions data was disclosed. In 2023, the company’s combined Scope 1 and 2 emissions were about 134,700,000 kg CO2e. The previous year, 2022, saw emissions of approximately 120,708,000 kg CO2e from Scope 1 and 3, with Scope 1 emissions alone at 119,700,000 kg CO2e and Scope 3 emissions at 82,000,000 kg CO2e. Allkem's emissions data is cascaded from its parent company, Allkem Pty Ltd, and reflects a corporate family relationship with Arcadium Lithium plc, which provides additional context for their climate commitments. However, there are currently no specific reduction targets or climate pledges outlined in their reports. Overall, Allkem's emissions data highlights the company's ongoing efforts to monitor and report its carbon footprint, while also indicating a need for future commitments to emissions reduction strategies.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 119,700,000 | - | 000,000,000 |
| Scope 2 | - | - | 000,000,000 |
| Scope 3 | 82,000,000 | - | - |
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Allkem'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.
Allkem 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.
