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Albemarle Publishes 2024 Sustainability Report, Updates Efforts to Reduce Carbon Footprint, Manage Freshwater Responsibly and Support Customers' Sustainability Goals
Prnewswire· 2025-06-03 10:55
Core Viewpoint - Albemarle Corporation has published its 2024 Sustainability Report, titled "Values-Led, Purpose-Driven," highlighting the company's achievements in sustainability goals and commitment to creating a resilient world [1][3]. Group 1: Sustainability Initiatives - The company emphasizes that sustainability is foundational to its operations, with a commitment to minimizing environmental footprint and engaging with communities [4]. - Albemarle has made significant progress in reducing its carbon footprint, achieving 24% of total electricity consumption from renewable sources, up from 16% the previous year [7]. - A decarbonization roadmap has been initiated to assess enterprise hot spots and identify intervention approaches, including electrification and renewable energy [7]. Group 2: Water Management - The company is on track to meet its 2030 freshwater intensity target, achieving a 28% reduction in freshwater intensity at its La Negra facility in Chile [7]. - The Jordan Bromine Company joint venture has completed a process upgrade expected to align its freshwater intensity with 2030 targets [7]. Group 3: Product Development and Community Engagement - Albemarle has expanded the development of externally verified Product Carbon Footprints for more bromine and lithium products from the U.S., Jordan, and China [8]. - A human rights assessment was conducted at the Salar de Atacama site in Chile to ensure alignment with global best practices for employee and community rights [9].
Albemarle Announces 126th Consecutive Quarterly Common Stock Dividend
Prnewswire· 2025-05-06 20:15
CHARLOTTE, N.C., May 6, 2025 /PRNewswire/ -- The Board of Directors of Albemarle Corp. (NYSE: ALB) announced today that it declared a quarterly common stock dividend of $0.405 per share. This marks Albemarle's 126th consecutive quarterly cash dividend.The dividend, which has an annualized rate of $1.62, is payable July 1, 2025, to shareholders of record at the close of business as of June 13, 2025.About AlbemarleAlbemarle Corp. (NYSE: ALB) leads the world in transforming essential resources into critical in ...