Allkem Pty Ltd

Common Name
Allkem
Country
Australia
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
AKE
Exchange
ASX

Allkem's GHG Emissions Data Preview

In 2023, Allkem completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 3 (indirect emissions across the value chain).

Allkem has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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0000000

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Insights into Allkem's Operational Emissions

No operational GHG emissions data disclosed for Allkem in 2023.

Compared to 2020, the total operational greenhouse gas (GHG) emissions of Allkem decreased by 100%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Insights into Allkem's Value Chain Emissions

In 2023, Allkem reported 297,000 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 Allkem includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2020, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Allkem's Scope 3 Emissions Over Time

2018201920202023075 k150 k225 k300 ktCO2e-3%0%+4987%
  • Total Scope 3
  • Year-over-Year Change

What are Allkem's Scope 3 emissions?

In 2023, Allkem reported total Scope 3 emissions of 297,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 43.57% of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.43% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Allkem reduced its Scope 3 emissions over time?

Since 2018, Allkem's Scope 3 emissions have increased by 4,842.59%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2020), Allkem's Scope 3 emissions increased by 4,987.36%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Allkem disclose?

In 2023, Allkem reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to Allkem's Scope 3 emissions were:

  • Processing of Sold Products (Cat. 10): 169,850 tCOâ‚‚e (56.43%)
  • Purchased Goods and Services (Cat. 1): 73,890 tCOâ‚‚e (24.55%)
  • Downstream Transportation and Distribution (Cat. 9): 36,550 tCOâ‚‚e (12.14%)

Allkem's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(24.5%)DownstreamTransportation andDistribution(Cat. 9)(12.1%)Processing of SoldProducts (Cat. 10)(56.4%)
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