Livent
Livent Corporation, commonly referred to as Livent, is a leading global producer of lithium hydroxide, headquartered in the United States. Founded in 2018, the company emerged from a rich history in lithium production, focusing on the growing demand for electric vehicle batteries and energy storage solutions. With major operational regions spanning North America and South America, Livent is strategically positioned to serve the expanding battery market. Livent's core offerings include high-purity lithium hydroxide and lithium carbonate, which are essential for advanced battery technologies. What sets Livent apart is its commitment to sustainable practices and innovative production methods, ensuring a reliable supply of lithium for the evolving energy landscape. Recognised for its significant contributions to the lithium industry, Livent continues to strengthen its market position through strategic partnerships and investments in cutting-edge technologies.
DitchCarbon Score
How does Livent'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 Chemicals 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
Livent's score of 39 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Livent's reported carbon emissions
In 2023, Livent reported significant carbon emissions, with Scope 1 emissions totalling approximately 118,600,000 kg CO2e and Scope 2 emissions at about 97,900,000 kg CO2e. This brings their combined Scope 1 and 2 emissions to around 216,500,000 kg CO2e. The company has set ambitious targets to reduce greenhouse gas (GHG) intensity by 30% across its operations by 2030 for both Scope 1 and Scope 2 emissions. In 2022, Livent's emissions were recorded at approximately 103,465,000 kg CO2e for Scope 1 and about 11,807,000 kg CO2e for Scope 2, with a total of approximately 115,272,000 kg CO2e for these scopes combined. Additionally, Scope 3 emissions were reported at around 273,135,000 kg CO2e, indicating a substantial upstream impact. Livent's long-term commitment includes achieving overall carbon neutrality by 2040, encompassing all scopes of emissions. This commitment reflects the company's dedication to sustainability and aligns with industry standards for climate action. The company also aims to reduce GHG emissions by 35% from a 2021 baseline by 2030, further demonstrating its proactive approach to mitigating climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 67,131,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 24,723,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | - |
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.
Livent 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.
