Sociedad Quimica y Minera de Chile SA
SQM's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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 | ||||
Unspecified Calculation Method | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 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 |
Verified Sources Behind SQM’s Greenhouse Gas (GHG) Emissions Data
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Insights into SQM's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of SQM amounted to 847,742 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 2022, the total operational greenhouse gas (GHG) emissions of SQM increased by 4.87%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
SQM's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SQM's Scope 1 emissions?
In 2023, the total Scope 1 emissions of SQM were 315,260 metric tons of CO₂ equivalent (tCO₂e). a
Has SQM reduced its Scope 1 emissions over time?
Since 2020, SQM's Scope 1 emissions have increased by 16.33%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), SQM's Scope 1 emissions increased by 4.98%, 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 2023, SQM reported Scope 2 greenhouse gas (GHG) emissions of 532,482 tCO₂e without specifying the calculation method. a
Has SQM reduced its Scope 2 emissions over time?
Since 2020, SQM's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 11.74%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), SQM's Scope 2 emissions (Unspecified Calculation Method) 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 2023, SQM reported its Scope 2 emissions using an unspecified methodology. a
SQM's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into SQM's Value Chain Emissions
In 2023, SQM reported 760,905 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 2023 disclosure of SQM includes a breakdown across 0 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. a
SQM's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are SQM's Scope 3 emissions?
In 2023, SQM reported total Scope 3 emissions of 760,905 metric tons of CO₂ equivalent (tCO₂e). a
Has SQM reduced its Scope 3 emissions over time?
Since 2020, SQM's Scope 3 emissions have increased by 83.22%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), SQM's Scope 3 emissions increased by 13.04%, suggesting that the company faced challenges in reducing emissions across its value chain. a
Insights into SQM’s GHG Emissions Intensity Compared to Industry Peers
In 2023, SQM reported Scope 1 greenhouse gas (GHG) emissions of 315,260 tCO₂e and total revenues of USD 7,467 millions. This translates into an emissions intensity of 42.22 tCO₂e per millions USD. a
SQM's Scope 1 Emissions Intensity Compared to Peers
How does SQM's GHG emissions intensity compare to its peers?
In 2023, SQM reported a Scope 1 emissions intensity of 42.22 tCO₂e per millions USD. Compared to the peer group median of 29.71 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does SQM rank on GHG emissions intensity within its industry?
In 2023, SQM ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
SQM is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into SQM's Total Carbon Footprint
In 2023, SQM reported a total carbon footprint of 1,608,647 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.58% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to SQM's total carbon footprint was Scope 3 emissions, accounting for 47.3% of the company's total carbon footprint, followed by Scope 2 emissions at 33.1%. a