Galaxy Resources
Galaxy Resources Limited, commonly referred to as Galaxy Resources, is a leading player in the lithium industry, headquartered in Australia. Established in 1996, the company has made significant strides in the extraction and production of lithium hydroxide and lithium carbonate, essential components for electric vehicle batteries and renewable energy storage solutions. With major operations in Australia and Canada, Galaxy Resources is renowned for its commitment to sustainable mining practices and innovative processing techniques. The company’s flagship projects, including the Sal de Vida lithium brine project in Argentina, highlight its strategic focus on high-quality lithium production. Recognised for its strong market position, Galaxy Resources has achieved notable milestones, including successful partnerships and expansions that bolster its reputation as a reliable supplier in the rapidly growing electric vehicle market.
DitchCarbon Score
How does Galaxy 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 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
Galaxy Resources's score of 25 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Galaxy Resources's reported carbon emissions
In 2020, Galaxy Resources, headquartered in Australia, reported total carbon emissions of approximately 27,375,900 kg CO2e. This figure includes about 27,307,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and about 68,900 kg CO2e from Scope 2 emissions, associated with purchased electricity. Notably, the company has not disclosed any Scope 3 emissions data. Galaxy Resources has not set specific reduction targets or initiatives as part of its climate commitments, nor has it made any pledges towards emissions reduction. The absence of documented reduction targets suggests a need for further development in their climate strategy. As the industry increasingly focuses on sustainability, Galaxy Resources may benefit from establishing clear goals to enhance its environmental performance and align with global climate standards.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 36,209,000 | 00,000,000 |
| Scope 2 | 142,000 | 0,000 |
| Scope 3 | - | - |
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.
Galaxy 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.
