Allkem
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 32 is higher than 85% 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 2023, Allkem reported total carbon emissions of approximately 135,000,000 kg CO2e for Scope 1 and 135,000,000 kg CO2e for Scope 2, resulting in a combined total of about 134,700,000 kg CO2e for both scopes. This marks a significant increase from 2022, where emissions were approximately 119,700,000 kg CO2e for Scope 1 and about 1,000,000 kg CO2e for Scope 2, leading to a total of around 120,708,000 kg CO2e for these scopes. Notably, in 2022, Allkem also reported Scope 3 emissions of about 82,000,000 kg CO2e. Despite the increase in emissions, Allkem has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not committed to any science-based targets or climate pledges, indicating a potential area for future development in their sustainability strategy. Allkem's operations have shown an emissions intensity of approximately 3,350 kg CO2e per tonne of lithium carbonate equivalent (LCE) produced in 2023, reflecting their ongoing efforts to monitor and manage emissions within their operational framework. As the company continues to grow, addressing carbon emissions and establishing clear reduction commitments will be crucial for aligning with global climate goals.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 119,700,000 | 000,000,000 |
| Scope 2 | 1,000,000 | 000,000,000 |
| Scope 3 | 82,000,000 | - |
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.
Allkem is participating in some 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.
