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Livent Corporation, a prominent player in the chemicals nec industry, is headquartered in the United States and operates extensively across North America and South America. Founded in 2018, Livent has quickly established itself as a leader in lithium hydroxide production, catering primarily to the electric vehicle and energy storage markets.
The company’s core offerings include high-purity lithium compounds, which are essential for advanced battery technologies. Livent's commitment to sustainable practices and innovation sets it apart in a competitive landscape. With a strong market position, Livent has achieved significant milestones, including strategic partnerships and expansions that enhance its production capabilities. As the demand for lithium continues to surge, Livent remains at the forefront, driving advancements in the chemical sector.
-15 vs industry average
Livent’s score of 17 is lower than 25% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Livent, a US-headquartered company in the Chemicals nec industry, reported total Scope 1, 2, and 3 emissions of approximately 387 million kg CO2e in 2022. This included about 103.47 million kg CO2e for Scope 1 emissions, approximately 11.81 million kg CO2e for Scope 2 market-based emissions, and around 273.14 million kg CO2e for Scope 3 emissions. Key Scope 3 categories included purchased goods and services (approximately 148.76 million kg CO2e), fuel and energy-related activities (about 66.53 million kg CO2e), and upstream transportation and distribution (around 32.88 million kg CO2e).
For 2021, Livent's reported Scope 1 emissions were approximately 92.75 million kg CO2e, and Scope 2 market-based emissions were about 19.87 million kg CO2e. In 2020, Scope 1 emissions were around 67.13 million kg CO2e, and Scope 2 location-based emissions were approximately 24.72 million kg CO2e. No emissions data was available for 2019 or 2018.
Livent has established several climate commitments. The company aims to reduce its GHG intensity for Scope 1 and Scope 2 emissions by 30% across its operations by 2030, using a 2022 baseline. Additionally, Livent is targeting a 35% absolute reduction in Scope 1 and Scope 2 GHG emissions by 2030, against a 2021 baseline. Earlier legacy goals, inherited from FMC when Livent became independent, aimed to reduce GHG emissions intensity, energy intensity, water intensity, and waste intensity by 20% by 2025, compared to 2013 baselines for both Scope 1 and Scope 2.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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Common questions about Livent’s sustainability data and climate commitments
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