Potential offtaker

Sociedad Quimica y Minera de Chile SA

www.sqm.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

SQM is a Chilean company that operates in the potassium fertilizers sector, and it has been a key player in the industry for over 50 years. The company has a strong focus on sustainability and is committed to decarbonisation, corporate energy, corporate PPA, and renewable energy.

SQM is a global leader in the production of potassium nitrate, which is used as a fertilizer in agriculture. The company has a diversified portfolio of products, including lithium, iodine, and industrial chemicals. SQM has operations in Chile, Argentina, Bolivia, and the United States, and it exports its products to over 100 countries around the world.

Decarbonisation is a key priority for SQM, and the company is committed to reducing its carbon footprint. SQM has set ambitious targets to reduce its greenhouse gas emissions, and it has implemented a number of initiatives to achieve these targets. For example, the company has invested in renewable energy projects, such as solar and wind power, to reduce its reliance on fossil fuels. SQM has also implemented energy efficiency measures in its operations to reduce its energy consumption.

Corporate energy is another area of focus for SQM. The company is committed to using energy in a responsible and sustainable way, and it has implemented a number of initiatives to improve its energy efficiency. SQM has invested in energy-efficient equipment and technology, and it has implemented energy management systems to monitor and control its energy use. The company has also implemented employee training programs to raise awareness about energy efficiency and encourage employees to adopt energy-saving behaviors.

Corporate PPA is another area of focus for SQM. The company has signed power purchase agreements (PPAs) with renewable energy providers to secure a reliable and sustainable source of energy. These agreements enable SQM to purchase renewable energy at a fixed price, which helps to reduce its exposure to volatile energy prices. By signing PPAs, SQM is also supporting the development of renewable energy projects and helping to accelerate the transition to a low-carbon economy.

Renewable energy is a key part of SQM's sustainability strategy. The company has invested in a number of renewable energy projects, including solar and wind power. SQM has a solar farm in the Atacama Desert in Chile, which is one of the largest solar projects in Latin America. The company has also invested in wind power projects in Chile and the United States. By investing in renewable energy, SQM is reducing its reliance on fossil fuels and helping to mitigate climate change.

In conclusion, SQM is a Chilean company that operates in the potassium fertilizers sector, and it has a strong focus on sustainability. The company is committed to decarbonisation, corporate energy, corporate PPA, and renewable energy. SQM has set ambitious targets to reduce its greenhouse gas emissions, and it has implemented a number of initiatives to achieve these targets. The company has invested in renewable energy projects, such as solar and wind power, to reduce its reliance on fossil fuels. SQM has also implemented energy efficiency measures in its operations to reduce its energy consumption. By focusing on sustainability, SQM is helping to create a more sustainable future for all.

✓ Science Based Targets member
✓ Declared Net Zero commitment