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 chemical manufacturing industry, specializing in the production of lithium, bromine, and catalysts. As a significant player in the lithium market, Albem...

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 target 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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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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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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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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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.

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.

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.

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

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

201920242030090 k180 k270 k360 kBaselineCurrent (-18%)
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