Neometals

Sustainability Report and Carbon Intensity Rankings

Is Neometals doing their part?

Their DitchCarbon score is 13

Neometals has a DitchCarbon Score of 13 out of 100, indicating a low performance in sustainability measures. This suggests that the company has a high carbon intensity relative to its industry peers. Neometals may need to implement more effective strategies to reduce its emissions and improve its sustainability efforts.

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

Neometals operates within the metals and mining industry, which has a carbon intensity ranking of high. 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

Neometals, located in Australia, operates in a region with a very high carbon intensity rating. This suggests that the company’s sustainability efforts may be challenged by the high carbon footprint associated with the local energy grid and industrial practices.
16.02%

...this company is doing 16.02% worse in emissions than the industry average.

Neometals Ltd, founded in 2002, is a prominent player in the Metals and Mining Industry, headquartered in West Perth, Australia. The company specializes in developing mineral projects, with a strong focus on lithium, titanium, vanadium, and nickel, notably at their Mount Marion and Barrambie sites. Neometals is advancing its proprietary technologies to enhance the extraction and processing of these resources, aiming to supply high-purity materials to the global market.

Bad news, Neometals hasn't committed to SBTi goals yet

Neometals 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,

DitchCarbon recommends...

Neometals could potentially reduce its emissions by 15% by investing in cleaner and more efficient machinery and equipment to enhance operational efficiency.
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Our methodology

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