SQM is a pacesetter in its Lithium Sustainability Index – 2024-05-24 21:56:33

by times news cr

2024-05-24 21:56:33

Benchmark’s carbon curve evaluation signifies that SQM’s lithium merchandise have the bottom carbon depth of the present high 20 lithium producers.

Sociedad Química y Minera de Chile, SQM, one of many largest lithium producers on this planet, has been acknowledged as Business Chief within the famend Benchmark Lithium Sustainability Indexstanding out for its excellence and dedication to sustainability.

The Lithium Sustainability Index, ready by Benchmark Mineral Intelligence, evaluates ends in environmental, social and governance issues (ESG) of all international lithium producers, together with these with tasks in growth.

“The Benchmark Lithium Sustainability Index is a crucial data-driven instrument for the worldwide lithium trade and lithium-ion battery worth chain, offering insights into the ESG efficiency of all trade individuals.” ” said Sarah Colbourn, Appearing Director of Sustainability at Benchmark Mineral Intelligence.

He added that “the rating within the index of SQM and different “Business Leaders” producers signifies compliance on a collection of environmental, social and governance points, establishing a normal that the remainder of the trade ought to aspire to copy.”

Benchmark carbon curve evaluation signifies that SQM lithium merchandise have the bottom carbon depth (tons of CO2eq/Tons of LCE) from the highest 20 present lithium producers, in step with the corporate’s mission to provide probably the most sustainable lithium on this planet.

“It’s a actual pleasure for us that SQM’s laborious work to make sure that the lithium we produce has the bottom footprint out there has been acknowledged,” mentioned Carlos Díaz Ortiz, Govt Vice President of Lithium at SQM.

He added that “the Lithium Sustainability Benchmark Index is barely the newest exterior validation of our sustainability efforts. “We’re very grateful and pleased with this recognition which reinforces our plans for carbon neutrality by 2030 – a key differentiator between lithium and fossil fuels.”

SQM is engaged on its detailed route to realize carbon neutrality in 2030scale back water consumption by 40% by 2030 and 65% by 2040, all whereas rising manufacturing to satisfy rising international demand.

Moreover, SQM’s lithium manufacturing has the best shared worth of any lithium operation worldwide, being the corporate the most important taxpayer for Chile in 2022contributing greater than 5 billion {dollars} to the Chilean treasury and native stakeholders.

Along with company taxes and a progressive lease fee construction, which ensures that SQM’s contributions enhance with the worth of lithium, SQM is devoted to sharing the worth of its operations with native communities. SQM has already reached long-term agreements with 4 of the 5 communities closest to the Salar de Atacama.

The Benchmark Index is the latest recognition of SQM’s dedication to sustainability. In 2023, SQM acquired IRMA 75the best rating within the lithium trade to date, plus excessive rankings from S&P World and LSE Group.

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