Albemarle Corp
Albemarle's GHG Emissions Data Preview
In 2023, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Albemarle amounted to 1,116,000 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Albemarle increased by 17.23%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Albemarle's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Albemarle's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Albemarle were 728,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Albemarle reduced its Scope 1 emissions over time?
Since 2018, Albemarle's Scope 1 emissions have increased by 26.61%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Albemarle's Scope 1 emissions increased by 17.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Albemarle's Scope 2 emissions?
In 2023, Albemarle reported Scope 2 greenhouse gas (GHG) emissions of 273,000 tCOâ‚‚e using the market-based method, and 388,000 tCOâ‚‚e using the location-based method.
Has Albemarle reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Albemarle's Scope 2 emissions (Location-Based) rose by 16.17% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Albemarle use for Scope 2 reporting?
In 2023, Albemarle reported its Scope 2 emissions using the market-based method and using the location-based method.
Albemarle's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Albemarle's Value Chain Emissions
In 2023, Albemarle reported 2,235,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Albemarle's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Albemarle's Scope 3 emissions?
In 2023, Albemarle reported total Scope 3 emissions of 2,235,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 85.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.9% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), Albemarle's Scope 3 emissions increased by 12.03%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Albemarle disclose?
In 2023, Albemarle reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to Albemarle's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 1,270,000 tCOâ‚‚e (56.82%)
- Upstream Transportation and Distribution (Cat. 4): 300,000 tCOâ‚‚e (13.42%)
- Investments (Cat. 15): 167,000 tCOâ‚‚e (7.47%)
Albemarle's Scope 3 Emissions by Categories
Insights into Albemarle's Total Carbon Footprint
In 2023, Albemarle reported a total carbon footprint of 3,351,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.71% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Albemarle's total carbon footprint was Scope 3 emissions, accounting for 66.7% of the company's total carbon footprint, followed by Scope 1 emissions at 21.72%.