Impact and dependencies assessment
While Tianqi Lithium mentions its environmental impact assessment system, no further details on the methodology and result of such 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 the quantification of its impacts or dependencies.
Key areas and species
Tianqi Lithium 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
Tianqi Lithium does not disclose a commitment to ensure zero conversion. The company does not disclose activities or time-bound targets to achieve conversion-free supply chains. The company does not disclose activities or commitments to minimise ecosystem conversion.
Tianqi Lithium does not disclose a commitment to restore ecosystems. The company discloses details and outcomes of ecosystem restoration projects in areas affected by its own operations or by its suppliers. The company discloses its implementation of ecological restoration and rehabilitation after closing the mine with examples in Talison Lithium which provides protection and habitat for local fauna.
Resource exploitation and circularity
No evidence was found regarding Tianqi Lithium’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets. While the company provides examples in Zhangjiagang Plant which conducts hazard investigations for soil and groundwater, no further details on the specific measures taken to improve soil health. The company does not disclose a target to improve soil health in its production or sourcing practices.
Water
Tianqi Lithium demonstrates it is reducing water withdrawal in its own operations but does not disclose a relevant time-bound target. The company does not report how much water is withdrawn for its own operations in water-stressed areas.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.
Tianqi Lithium reports a decrease in water pollution. The company does not specify its process for managing and monitoring water discharge quality. The company regularly reports on water pollution. 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
While Tianqi Lithium provides practices on waste management, no further details on the company’s reduction of hazardous waste production. 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
Tianqi Lithium is reducing its scope 1 and 2 greenhouse gas emissions compared to the previous year. However, the company does not disclose any other information on scope 1, 2 and 3 greenhouse gas emissions, nor has it set a time-bound reduction target. The company must immediately set a reduction target aligned with the Paris Agreement’s 1.5-degree trajectory.
Invasive species
Tianqi Lithium has not identified any activities that could lead to the introduction of invasive alien species in its own operations.