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Sociedad Quimica y Minera de Chile SA

Common Name
SQM
Country
Chile
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
7,823
Ticker
SQM-A
Exchange
SANTIAGO STOCK EXCHANGE
Description
Sociedad Química y Minera de Chile S.A. is a prominent global mining company headquartered in Santiago, Chile, specializing in the production and commercialization of specialty plant nutrients, lithiu...

SQM's GHG Emissions Data Preview

In 2024, SQM 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).

However, SQM has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
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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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
0000000
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Verified Sources Behind SQM’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 SQM’s data sources below and access millions more through our Disclosure Search.

a. SQM's Annual Report 2024
a. SQM's Annual Report 2024
b. SQM's Annual Report 2023
b. SQM's Annual Report 2023
c. SQM's Annual Report 2022
c. SQM's Annual Report 2022

Insights into SQM's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSQM amounted to1,017,325metric 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 SQMincreased by 20.34%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

SQM's Scope 1 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e+6%+5%+3%+64%
  • Total Scope 1
  • Year-over-Year Change

What are SQM's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SQM were 504,928 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has SQM reduced its Scope 1 emissions over time?

Since 2020, SQM's Scope 1 emissions have increased by 86.31%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), SQM's Scope 1 emissions increased by 63.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are SQM's Scope 2 emissions?

In 2024, SQM reported Scope 2 greenhouse gas (GHG) emissions of 512,397 tCOâ‚‚e using the market-based method.a

Has SQM reduced its Scope 2 emissions over time?

Compared to the previous year(2023), SQM's Scope 2 emissions(Market-Based) have remained relatively stable, indicating that SQM's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does SQM use for Scope 2 reporting?

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

SQM's Scope 2 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SQM's Value Chain Emissions

In 2024, SQM reported 904,528 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 SQM includes a breakdown across 0of 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

SQM's Scope 3 Emissions Over Time

202020212022202320240250 k500 k750 k1 MtCO2e+25%+29%+13%+19%
  • Total Scope 3
  • Year-over-Year Change

What are SQM's Scope 3 emissions?

In 2024, SQM reported total Scope 3 emissions of 904,528 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has SQM reduced its Scope 3 emissions over time?

Since 2020, SQM's Scope 3 emissionshave increased by 117.81%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), SQM's Scope 3 emissions increased by 18.88%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

Insights into SQM’s GHG Emissions Intensity Compared to Industry Peers

In 2024, SQM reported Scope 1 greenhouse gas (GHG) emissions of 504,928 tCOâ‚‚e and total revenues of USD 4.35 million millions. This translates into an emissions intensity of 0.12 tCOâ‚‚e per millions USD.a

SQM's Scope 1 Emissions Intensity Compared to Peers

1,00020,000200,0005,000,00050,000,000Scope 1 Emissions (tCO2e)2005,000100,0001,000,00020,000,000Revenues (Millions of USD)DGElement SolutionsYear: 2024Scope 1: 11,115 tCO2eRevenue: $M 2,457Scope 1 Intensity: 4.52 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MEms Chemie HoldingYear: 2024Scope 1: 22,000 tCO2eRevenue: $M 2,287Scope 1 Intensity: 9.62 tCO2e/$MTianqi LithiumYear: 2024Scope 1: 193,044 tCO2eRevenue: $M 1,790Scope 1 Intensity: 107.85 tCO2e/$MZeonYear: 2024Scope 1: 788,270 tCO2eRevenue: $M 2,524Scope 1 Intensity: 312.27 tCO2e/$MSK ChemicalsYear: 2024Scope 1: 408,724 tCO2eRevenue: $M 1,184Scope 1 Intensity: 345.33 tCO2e/$MOriental YuhongYear: 2024Scope 1: 395,600 tCO2eRevenue: $M 3,844Scope 1 Intensity: 102.91 tCO2e/$MDDDyno NobelYear: 2024Scope 1: 2,247,427 tCO2eRevenue: $M 3,649Scope 1 Intensity: 615.94 tCO2e/$MInnospecYear: 2024Scope 1: 79,045 tCO2eRevenue: $M 1,845Scope 1 Intensity: 42.83 tCO2e/$MFuchsYear: 2024Scope 1: 34,087 tCO2eRevenue: $M 3,668Scope 1 Intensity: 9.29 tCO2e/$MQuaker ChemicalYear: 2024Scope 1: 25,000 tCO2eRevenue: $M 1,840Scope 1 Intensity: 13.59 tCO2e/$MH.B. FullerYear: 2019Scope 1: 77,629 tCO2eRevenue: $M 2,897Scope 1 Intensity: 26.80 tCO2e/$MAvientYear: 2024Scope 1: 37,334 tCO2eRevenue: $M 3,240Scope 1 Intensity: 11.52 tCO2e/$MRain IndustriesYear: 2024Scope 1: 2,899,852 tCO2eRevenue: $M 1,780Scope 1 Intensity: 1,629.42 tCO2e/$MGGGuangdong Hongda Holdings GroupYear: 2024Scope 1: 22,272 tCO2eRevenue: $M 1,871Scope 1 Intensity: 11.91 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 4,160Scope 1 Intensity: 3,236.80 tCO2e/$MPidilite IndustriesYear: 2025Scope 1: 8,690 tCO2eRevenue: $M 1,532Scope 1 Intensity: 5.67 tCO2e/$MTokai CarbonYear: 2024Scope 1: 1,745,000 tCO2eRevenue: $M 2,230Scope 1 Intensity: 782.48 tCO2e/$MSumitomo BakeliteYear: 2024Scope 1: 79,067 tCO2eRevenue: $M 1,897Scope 1 Intensity: 41.68 tCO2e/$MToyoboYear: 2025Scope 1: 592,000 tCO2eRevenue: $M 2,814Scope 1 Intensity: 210.36 tCO2e/$MAshland IncYear: 2023Scope 1: 288,176 tCO2eRevenue: $M 2,191Scope 1 Intensity: 131.53 tCO2e/$MKumho Petro ChemicalYear: 2024Scope 1: 2,971,743 tCO2eRevenue: $M 4,876Scope 1 Intensity: 609.46 tCO2e/$MPutailaiYear: 2024Scope 1: 67,377 tCO2eRevenue: $M 1,843Scope 1 Intensity: 36.56 tCO2e/$MSQMYear: 2024Scope 1: 504,928 tCO2eRevenue: $M 4,352,828Scope 1 Intensity: 0.12 tCO2e/$M

How does SQM's GHG emissions intensity compare to its peers?

In 2024, SQM reported a Scope 1 emissions intensity of 0.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 52.06, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SQM rank on GHG emissions intensity within its industry?

In 2024, SQM ranked 1 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places SQM among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into SQM's Total Carbon Footprint

In 2024, SQM reported a total carbon footprint of 1,921,853 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.65% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to SQM's total carbon footprint was Scope 3 emissions, accounting for 47.07% of the company's total carbon footprint, followed by Scope 2 emissions at 26.66%.a

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