Goals and Environmental Commitments

With clear commitments, deadlines and an investment of over US$200 million, SQM is executing a robust Sustainability Plan aligned with the 17 Sustainable Development Goals of the United Nations that deepens its responsibility with the environment, the sustainability of its operations and everything the value creation cycle in which we participate. The plan was developed based on the United Nations Sustainable Development Goals (SDGs), which includes a series of company-wide initiatives that seek not only to demonstrate, but also to guarantee our commitment to the environment and the communities surrounding our operations.

We envision a responsible business that must address global needs, recognizing that evolving means working today to build a better future. The challenges that SQM faces day after day involve all of our business lines. We produce and develop products for essential industries that contribute to progress and human well-being such as: health, nutrition, renewable energy and technological development.

17 sustainable development goals sdg
Iconoco brine reduction

Brine extraction decrease

At SQM, our sustainability policy encourages us to constantly assume new challenges and commitments, aligned with the aspirations of the communities surrounding our operations, customers, collaborators, and the different interest groups with which we interact. In this line, in the Salar de Atacama, as of November 2020 we reduce the extraction of brine by 20%. Committed to deepening and strengthening our environmental management, we will continue advancing until brine extraction is reduced by 50% by 2030.

Continental Water Reduction

We are committed in all our operations to reduce the consumption of continental water, reaching a reduction of 40% by 2030 and 65% by 2040.

We have maintained our goals and commitments regarding sustainability, working in line with the Sustainability, Ethics and Human Rights Policy and the Sustainability Plan that we have established as a company. We want responsible and sustainable operations, reduce our emissions and optimize the use of continental water.

ods icon hand holds water drop
Productive process icon

Neutral Carbon

We are currently one of the global lithium producers with the lowest carbon footprint. We aspire to be carbon neutral in all our products by 2040. In the case of lithium, potassium chloride and iodine by 2030.

This is aligned with science-based targets to not exceed a 1.5°C increase. Therefore, we are implementing a series of initiatives to reduce GHG emissions and fulfill our commitments that will also allow us to be more resilient in the face of regulatory change scenarios such as the carbon tax or new carbon taxes.

Creation of shared value

For years SQM has guaranteed safe and inclusive working conditions, along with boosting local economies and the development of neighboring communities, contributing to the creation of shared social value. SQM is committed to continuing to improve the monitoring systems of the ecosystems that surround them in order to provide an even more timely response. In addition, the reduction of waste generated in operations, as well as that of its suppliers, workers, collaborators and offices in Chile and the rest of the world, stands out.

Ods icon group of people orange
icon Ods Communities handshake orange tree

High standard in reportability

We seek by the year 2030 to be a company that partners publicly with the green industries of the world. To this end, we have made progress on sustainability issues through the publication of a Human Rights Policy; an online monitoring plan for operations in the Salar de Atacama; integration as members of the United Nations Global Compact and adherence to the Sustainable Development Goals (SDGs); and participation in the Global Battery Alliance, among other measures that we intend to continue expanding.

Our Annual Sustainability Report, which follows the highest ESG publication standards, and is audited by independent experts, was incorporated into the measurement and certification of the methodology proposed by the Global Reporting Initiative (GRI). Recently, the S&P Dow Jones Index announced the results of the evaluations carried out and SQM qualified for both the DJSI Chile Index and the DJSI MILA Pacific Alliance Index.

Likewise, we started a diagnostic process at CDP; an international non-profit organization that helps companies and cities publicize their environmental impact related to greenhouse gases, water use and consumption, and biodiversity.

SQM Lithium Separator