Galaxy Resources
Galaxy Resources Limited, commonly referred to as Galaxy Resources, is a leading player in the lithium industry, headquartered in Australia. Established in 1996, the company has made significant strides in the extraction and production of lithium hydroxide and lithium carbonate, essential components for electric vehicle batteries and renewable energy storage solutions. With major operations in Australia and Canada, Galaxy Resources is renowned for its commitment to sustainable mining practices and innovative processing techniques. The company’s flagship projects, including the Sal de Vida lithium brine project in Argentina, highlight its strategic focus on high-quality lithium production. Recognised for its strong market position, Galaxy Resources has achieved notable milestones, including successful partnerships and expansions that bolster its reputation as a reliable supplier in the rapidly growing electric vehicle market.
DitchCarbon Score
How does Galaxy Resources's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Salt and Mineral Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Galaxy Resources's score of 27 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Galaxy Resources's reported carbon emissions
In 2020, Galaxy Resources, headquartered in Australia, reported significant carbon emissions, totalling approximately 27,375,900 kg CO2e across Scope 1 and Scope 2. Specifically, Scope 1 emissions accounted for about 27,307,000 kg CO2e, while Scope 2 emissions were around 68,900 kg CO2e. This data highlights the company's operational impact on climate change. Despite the substantial emissions figures, Galaxy Resources has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the industry context, particularly as global pressures for sustainability and emissions reductions continue to rise. Overall, while Galaxy Resources has made strides in transparency regarding their emissions, the lack of defined reduction targets indicates an opportunity for the company to strengthen its climate commitments and align with industry best practices.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 36,209,000 | 00,000,000 |
| Scope 2 | 142,000 | 00,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Galaxy Resources is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
