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 GHG Emissions Data Preview

In 2024, Albemarle completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Albemarle has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Albemarle’s Greenhouse Gas (GHG) Emissions 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
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b. Albemarle's Sustainability Report 2023
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c. Albemarle's ESG Data Spreadsheet 2020
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Insights into Albemarle's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Albemarle amounted to 1,230,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Albemarle increased by 10.22%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Albemarle's Scope 1 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e+6%-4%+3%+2%+18%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Albemarle's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Albemarle were 753,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Albemarle reduced its Scope 1 emissions over time?

Since 2018, Albemarle's Scope 1 emissions have increased by 30.96%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Albemarle's Scope 1 emissions increased by 3.43%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Albemarle's Scope 2 emissions?

In 2024, Albemarle reported Scope 2 greenhouse gas (GHG) emissions of 241,000 tCO₂e using the market-based method and 477,000 tCO₂e using the location-based method. a

Has Albemarle reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Albemarle's Scope 2 emissions (Location-Based) rose by 22.94% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Albemarle use for Scope 2 reporting?

In 2024, Albemarle reported its Scope 2 emissions using the market-based method and using the location-based method. a

Albemarle's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Albemarle's Value Chain Emissions

In 2024, Albemarle reported 2,359,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Albemarle includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Albemarle's Scope 3 Emissions Over Time

20212022202320240600 k1.2 M1.8 M2.4 MtCO2e+19%+12%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Albemarle's Scope 3 emissions?

In 2024, Albemarle reported total Scope 3 emissions of 2,359,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 86.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 13.27% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Albemarle's Scope 3 emissions remained relatively stable, indicating that Albemarle 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does Albemarle disclose?

In 2024, Albemarle reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Albemarle's Scope 3 emissions?

In 2024, the largest contributors to Albemarle's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,280,000 tCO₂e (54.26%)
  • Upstream Transportation and Distribution (Cat. 4): 364,000 tCO₂e (15.43%)
  • Fuel- and Energy-Related Services (Cat. 3): 250,000 tCO₂e (10.6%)

Albemarle's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(15.4%)Fuel- andEnergy-RelatedServices (Cat. 3)(10.6%)Purchased Goods andServices (Cat. 1)(54.3%)

Insights into Albemarle's Total Carbon Footprint

In 2024, Albemarle reported a total carbon footprint of 3,589,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.1% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Albemarle's total carbon footprint was Scope 3 emissions, accounting for 65.73% of the company's total carbon footprint, followed by Scope 1 emissions at 20.98%. a

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