- Inflationary pressures on raw materials, labor, and energy
- Declining demand for some iodine derivatives
- Challenges in the timing and costs associated with the building of IO#9 plant
- Risk of declining brine availability due to changes in partners' hydrocarbon production
- Increased regulations
IOFINA PLC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, IOFINA PLC disclosed greenhouse gas emissions of 28.67 MT CO2e (Scope 3, UK business travel). By scope: Scope 3: 28.67 MT CO2e (UK business travel). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
28.67 MT CO2e (Scope 3, UK business travel)
2023
Energy Use
Electricity: 11,404,278 kWh; Natural gas: 67,281 CCF (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 28.67 MT CO2e (UK business travel) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 28.67 MT CO2e (Scope 3, UK business travel) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy consumption (Electricity (kWh) 11,404,278; Natural gas (CCF) 67,281 for 1267 MT of goods produced in 2023 compared to 2022: Electricity (kWh) 11,390,576; Natural gas (CCF) 70,945 for 1496 MT of goods produced)
- Iofina Chemical improved a process to remove a raw material input and reduce the time to create a batch of the material, which will improve the overall environmental impact of production
- Zero Lost Time Incidents (LTIs) for the Group in 2023 and for over three years
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 3 emissions per $m of income by 10% over the next five years
📅 Medium-term
- Double iodine production from 2021 levels in the next few years
🌱 ESG Focus Areas
Environmental Health and SafetyCommunity InvestmentDiversity & InclusionSustainable PracticesESG tenets