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Albemarle Corp

Common Name
Albemarle
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
8,300
Ticker
ALB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Albemarle Corporation is a global leader in the development, manufacturing, and marketing of highly-engineered specialty chemicals, operating through three main segments: Energy Storage (formerly Lith...

Albemarle's Climate Target Data Preview

As of 2024, Albemarle has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Albemarle's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilogram (kg) of Unspecified Product from Unspecified Activities
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a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Kilogram (kg) of Unspecified Product from Unspecified Activities
0000000
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Albemarle’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2024.
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Verified Sources Behind Albemarle’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Albemarle’s data sources below and access millions more through our Disclosure Search.

a. Albemarle's Sustainability Report 2024

Insights into Albemarle's Greenhouse Gas Emissions Pathways

As of 2024, Albemarle has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Albemarle have a target to reduce the emissions from its operations?

As of 2024, Albemarle has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Albemarle's most ambitious operational target is to reduce these emissions by 27.57% by 2030, compared to a baseline of 341,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2024, Albemarle is ahead of schedule on its operational emissions reduction target, having achieved 63.84% of the planned reduction.a

Albemarle's Operational (Scope 1+2) Emissions Pathway

201920242030090 k180 k270 k360 kBaselineCurrent (-18%)
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