Tianqi Lithium Corp

Common Name
Tianqi Lithium
Country
China (Mainland)
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
3,151
Ticker
002466
Exchange
SHENZHEN STOCK EXCHANGE
Description
Tianqi Lithium Corporation is a leading global producer of lithium chemicals, playing a critical role in the supply chain for the burgeoning electric vehicle and energy storage markets. The company sp...

Tianqi Lithium's GHG Emissions Data Preview

In 2024, Tianqi Lithium 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).

Tianqi Lithium has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Tianqi Lithium’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 Tianqi Lithium’s data sources below and access millions more through our Disclosure Search.

a. Tianqi Lithium's Sustainability Report 2024
a. Tianqi Lithium's Sustainability Report 2024
b. Tianqi Lithium's Sustainability Report 2023
b. Tianqi Lithium's Sustainability Report 2023

Insights into Tianqi Lithium's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Tianqi Lithium amounted to 377,158.72 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 2023, the total operational greenhouse gas (GHG) emissions of Tianqi Lithium increased by 38.84%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Tianqi Lithium's Scope 1 Emissions Over Time

2021202220232024050 k100 k150 k200 ktCO2e+3%+6%+54%
  • Total Scope 1
  • Year-over-Year Change

What are Tianqi Lithium's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Tianqi Lithium were 193,043.7 metric tons of CO₂ equivalent (tCO₂e). a

Has Tianqi Lithium reduced its Scope 1 emissions over time?

Since 2021, Tianqi Lithium's Scope 1 emissions have increased by 67.94%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Tianqi Lithium's Scope 1 emissions increased by 54.19%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Tianqi Lithium's Scope 2 emissions?

In 2024, Tianqi Lithium reported Scope 2 greenhouse gas (GHG) emissions of 128,497.66 tCO₂e using the market-based method and 184,115.02 tCO₂e using the location-based method. a

Has Tianqi Lithium reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Tianqi Lithium's Scope 2 emissions (Location-Based) rose by 25.71% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Tianqi Lithium use for Scope 2 reporting?

In 2024, Tianqi Lithium reported its Scope 2 emissions using the market-based method and using the location-based method. a

Tianqi Lithium's Scope 2 Emissions Over Time

2021202220232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Tianqi Lithium's Value Chain Emissions

In 2024, Tianqi Lithium reported 535,991.04 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 2024 disclosure of Tianqi Lithium includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Tianqi Lithium's Scope 3 Emissions Over Time

20240150 k300 k450 k600 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Tianqi Lithium's Scope 3 emissions?

In 2024, Tianqi Lithium reported total Scope 3 emissions of 535,991.04 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Tianqi Lithium disclose?

In 2024, Tianqi Lithium reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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

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

In 2024, the largest contributors to Tianqi Lithium's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 362,440 tCO₂e (67.62%)
  • Fuel- and Energy-Related Services (Cat. 3): 73,110 tCO₂e (13.64%)
  • Capital Goods (Cat. 2): 48,410 tCO₂e (9.03%)

Tianqi Lithium's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(9.0%)Purchased Goods andServices (Cat. 1)(67.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(13.6%)

Insights into Tianqi Lithium’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Tianqi Lithium reported Scope 1 greenhouse gas (GHG) emissions of 193,043.7 tCO₂e and total revenues of USD 1,790 millions. This translates into an emissions intensity of 107.85 tCO₂e per millions USD. a

Tianqi Lithium's Scope 1 Emissions Intensity Compared to Peers

201,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)BCZCKHGNWanhua Chemical GroupYear: 2024Scope 1: 21,610,000 tCO2eRevenue: $M 24,947Scope 1 Intensity: 866.22 tCO2e/$MBBBluestar AdisseoYear: 2024Scope 1: 429,000 tCO2eRevenue: $M 2,129Scope 1 Intensity: 201.55 tCO2e/$MTinci MaterialsYear: 2024Scope 1: 89,298 tCO2eRevenue: $M 1,715Scope 1 Intensity: 52.06 tCO2e/$MGNMIYear: 2023Scope 1: 53 tCO2eRevenue: $M 164Scope 1 Intensity: 0.32 tCO2e/$MCNGR Advanced MaterialYear: 2023Scope 1: 161,121 tCO2eRevenue: $M 4,822Scope 1 Intensity: 33.41 tCO2e/$MCCChina Rare Earth Resources and TechnologyYear: 2023Scope 1: 5,931 tCO2eRevenue: $M 561Scope 1 Intensity: 10.57 tCO2e/$MMeiHua Holdings GroupYear: 2023Scope 1: 9,383,709 tCO2eRevenue: $M 3,906Scope 1 Intensity: 2,402.33 tCO2e/$MShenzhen Capchem TechnologyYear: 2024Scope 1: 67,378 tCO2eRevenue: $M 1,075Scope 1 Intensity: 62.67 tCO2e/$MBloomage BiotechnologyYear: 2023Scope 1: 43,555 tCO2eRevenue: $M 855Scope 1 Intensity: 50.95 tCO2e/$MZZZhongfu Shenying Carbon FiberYear: 2023Scope 1: 4,642 tCO2eRevenue: $M 318Scope 1 Intensity: 14.60 tCO2e/$MSanyou ChemicalYear: 2023Scope 1: 4,041,748 tCO2eRevenue: $M 3,084Scope 1 Intensity: 1,310.43 tCO2e/$MLuxi Chemical GroupYear: 2023Scope 1: 9,793,400 tCO2eRevenue: $M 3,568Scope 1 Intensity: 2,744.79 tCO2e/$MSkshu PaintYear: 2024Scope 1: 16,232 tCO2eRevenue: $M 1,659Scope 1 Intensity: 9.79 tCO2e/$MTransfar ZhilianYear: 2023Scope 1: 9,171 tCO2eRevenue: $M 4,733Scope 1 Intensity: 1.94 tCO2e/$MCCChifeng Jilong Gold MiningYear: 2023Scope 1: 550,970 tCO2eRevenue: $M 1,016Scope 1 Intensity: 542.28 tCO2e/$MOriental YuhongYear: 2023Scope 1: 359,900 tCO2eRevenue: $M 4,618Scope 1 Intensity: 77.93 tCO2e/$MKKKingfa Sci&TechYear: 2024Scope 1: 794,353 tCO2eRevenue: $M 8,292Scope 1 Intensity: 95.80 tCO2e/$MHHHengyi PetrochemicalYear: 2024Scope 1: 6,130,000 tCO2eRevenue: $M 17,191Scope 1 Intensity: 356.58 tCO2e/$MGanfeng Lithium GroupYear: 2024Scope 1: 423,400 tCO2eRevenue: $M 2,591Scope 1 Intensity: 163.44 tCO2e/$MZhaojin Mining IndustryYear: 2024Scope 1: 26,019 tCO2eRevenue: $M 1,724Scope 1 Intensity: 15.09 tCO2e/$MQinghai Salt Lake IndustryYear: 2023Scope 1: 311,026 tCO2eRevenue: $M 3,036Scope 1 Intensity: 102.44 tCO2e/$MGGGuangdong Hongda Holdings GroupYear: 2023Scope 1: 19,327 tCO2eRevenue: $M 1,624Scope 1 Intensity: 11.90 tCO2e/$MFufeng GroupYear: 2024Scope 1: 13,464,224 tCO2eRevenue: $M 4,160Scope 1 Intensity: 3,236.80 tCO2e/$MPutailaiYear: 2023Scope 1: 68,539 tCO2eRevenue: $M 2,158Scope 1 Intensity: 31.75 tCO2e/$MNNNingbo ShanshanYear: 2023Scope 1: 36,734 tCO2eRevenue: $M 2,683Scope 1 Intensity: 13.69 tCO2e/$MTianqi LithiumYear: 2024Scope 1: 193,044 tCO2eRevenue: $M 1,790Scope 1 Intensity: 107.85 tCO2e/$M

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

In 2024, Tianqi Lithium reported a Scope 1 emissions intensity of 107.85 tCO₂e per millions USD. Compared to the peer group median of 62.67 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Tianqi Lithium rank on GHG emissions intensity within its industry?

In 2024, Tianqi Lithium ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Tianqi Lithium is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Tianqi Lithium's Total Carbon Footprint

In 2024, Tianqi Lithium reported a total carbon footprint of 913,149.76 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 236.14% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Tianqi Lithium's total carbon footprint was Scope 3 emissions, accounting for 58.7% of the company's total carbon footprint, followed by Scope 1 emissions at 21.14%. a

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