Neo Materials

Sustainability Report and Carbon Intensity Rankings

Is Neo Materials doing their part?

Their DitchCarbon score is 0

Neo Materials has a DitchCarbon Score of 0, indicating a lack of progress in sustainability efforts. This score suggests a high carbon intensity in their operations. The company is not demonstrating effective measures to reduce its carbon footprint.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Neo Materials operates within the industrial manufacturing sector, which has a medium carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Neo Materials operates in Canada, a region with a very low carbon intensity rating. This suggests that the company benefits from a cleaner energy grid, positively impacting its sustainability efforts.
41.29%

...this company is doing 41.29% worse in emissions than the industry average.

Founded in 2010 and headquartered in Greenwood Village, Neo Materials Technologies, operating in the industrial manufacturing sector, specializes in advanced material production. The company is unique in its ability to control a world-class rare earth resource and manufacture high-purity, custom engineered rare earth products. With 25 locations in 10 countries, Neo Materials Technologies offers a diverse range of products, including rare earth magnetic materials and water treatment solutions.

Bad news, Neo Materials hasn't committed to SBTi goals yet

Neo Materials has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global efforts to mitigate climate change.

There’s always room for improvement,

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✓ Peer group, recommended actions, historical reports, data sources

✓ Complete Scope 1-2-3 data, emission factors, yearly breakdown

✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.