Core Lithium Ltd
Core Lithium Ltd, headquartered in Australia, is a prominent player in the lithium mining industry, focusing on the exploration and development of lithium resources. Founded in 2010, the company has made significant strides in establishing itself as a key supplier of lithium spodumene concentrate, essential for the burgeoning electric vehicle and renewable energy sectors. With major operations in the Northern Territory, Core Lithium is renowned for its flagship Finniss Lithium Project, which is strategically positioned to meet the increasing global demand for sustainable energy solutions. The company’s commitment to environmentally responsible mining practices and its innovative approach to resource extraction set it apart in a competitive market. Core Lithium's achievements, including securing offtake agreements with leading battery manufacturers, underscore its strong market position and potential for future growth.
DitchCarbon Score
How does Core Lithium Ltd'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 Lead, Zinc, and Tin Processing 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
Core Lithium Ltd's score of 12 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Core Lithium Ltd's reported carbon emissions
In 2023, Core Lithium Ltd reported total Scope 1 emissions of approximately 7,620,000 kg CO2e. This marks a significant increase from 2022, where the company recorded Scope 1 emissions of about 193,500,000 kg CO2e, alongside Scope 2 emissions of approximately 150,700,000 kg CO2e and Scope 3 emissions of about 7,620,000 kg CO2e. The Scope 3 emissions included approximately 32,100,000 kg CO2e from purchased goods and services. In 2021, Core Lithium's emissions were also substantial, with Scope 1 emissions at about 42,700,000 kg CO2e, Scope 2 emissions at approximately 39,815,000 kg CO2e, and Scope 3 emissions reaching around 14,000,000 kg CO2e, of which about 13,000,000 kg CO2e were from purchased goods and services. Despite these figures, Core Lithium has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is aware of its emissions, it has yet to establish formal commitments to reduce its carbon footprint.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 42,700,000 | 000,000,000 | 0,000,000 |
| Scope 2 | 39,815,000 | 000,000,000 | - |
| Scope 3 | 14,000,000 | 0,000,000 | - |
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.
Core Lithium Ltd 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.
