Impact and dependencies assessment
The company has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies.
Key areas and species
The company does not disclose key species or areas important for biodiversity affected by its operations or suppliers. It has an opportunity to increase its transparency.
Ecosystem conversion and restoration
No evidence was found regarding the company’s efforts to avoid ecosystem conversion, including deforestation, or promote restoration. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.
Resource exploitation and circularity
No evidence was found regarding the company’s efforts to work towards a circular economy. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets. The company does not disclose efforts to improve soil health.
Water
No evidence that the company reduces water withdrawal across the company’s own operations was found. Ganfeng discloses some water-related targets, including water consumption emissions per tonne of products and the water circulation rate per tonne of products, however it does not disclose a time-bound target to reduce water withdrawal across its own operations. The company does not report how much water is withdrawn for its own operations in water-stressed areas. The company does not engage with suppliers to reduce water withdrawal. The company reports a decrease in water pollution. The company does not disclose its processes for managing and monitoring discharge water quality. The company discloses water quality parameters, like COD, ammonia nitrogen and ammonia nitrogen per unit of product. The company does not disclose targets to reduce water pollution. The company does not disclose a commitment to respect the right to water. The company does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.
Solid and air pollution
The company is reducing the production of hazardous waste. No evidence that the company reduces plastic use and waste in its own operations was found. The company does not report on the amount of plastic waste generated and proportions directed from or to disposal. The company reports regularly on air quality parameters of emissions of harmful air pollutants. The company does not report time-bound targets to reduce air pollutants across the most material parts of its value chain.
GHG emissions
While Ganfeng Lithium states that its carbon emissions per tonne of lithium carbonate equivalents reduced from 2020 to 2021, the company’s disclosed total emissions increased. While the company has committed to a 10% reduction by 2025 regarding its GHG emissions, it is unclear which scopes are covered by this target and it is also not aligned with a 1.5 trajectory. No evidence that the company reduces its scope 3 emissions was found. The company does not disclose a time-bound target to reduce its scope 3 emissions. The company does not report progress against its scope 3 emissions target. No evidence that the company’s scope 3 emissions target is aligned with a 1.5-degree trajectory was found.
Invasive species
The company has not identified any activities that could lead to the introduction of invasive species in its own operations.
