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Albemarle Corp
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified 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.
Insights into Albemarle's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofAlbemarle amounted to1,230,000metric 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 Albemarleincreased 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).a
Has Albemarle reduced its Scope 1 emissions over time?
Since 2019, Albemarle's Scope 1 emissions have increased by 24.05%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
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 tCOâ‚‚e using the market-based method and 477,000 tCOâ‚‚e 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 energya
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
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Albemarle's Value Chain Emissions
In 2024, Albemarle reported 2,359,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Albemarle includes a breakdown across 11of 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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.ab
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 tCOâ‚‚e(54.26%)
- Upstream Transportation and Distribution (Cat. 4): 364,000 tCOâ‚‚e(15.43%)
- Fuel- and Energy-Related Services (Cat. 3): 250,000 tCOâ‚‚e(10.6%)
Albemarle's Scope 3 Emissions by Categories
Insights into Albemarle’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Albemarle reported Scope 1 greenhouse gas (GHG) emissions of 753,000 tCOâ‚‚e and total revenues of USD 5,378 millions. This translates into an emissions intensity of 140.03 tCOâ‚‚e per millions USD.a
Albemarle's Scope 1 Emissions Intensity Compared to Peers
How does Albemarle's GHG emissions intensity compare to its peers?
In 2024, Albemarle reported a Scope 1 emissions intensity of 140.03 tCOâ‚‚e per millions USD. Compared to the peer group median of 50.93, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Albemarle rank on GHG emissions intensity within its industry?
In 2024, Albemarle ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Albemarle is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Albemarle's Total Carbon Footprint
In 2024, Albemarle reported a total carbon footprint of 3,589,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.ab
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