Lithium Americas Corp.
Industry Group: Chemicals
Country/Region: Canada
Identifier: TSE:LAC
Lithium Americas is a pure-play lithium producer. The firm owns 62% of one resource, Thacker Pass, that is located in northwest Nevada, with automaker General Motors owning the remaining 38%. Thacker Pass recently began construction and is expected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Chemicals 544 out of 585
Universe
Global Universe 14231 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Privi Speciality Chemicals Ltd. |
39.7
High
|
519 out of 585 |
Lithium Americas Corp. |
42.5
Severe
|
544 out of 585 |
Sharda Cropchem Ltd. |
44.1
Severe
|
553 out of 585 |
Anhui Huilong Agricultural Means of Production Co., Ltd. |
46.5
Severe
|
567 out of 585 |
PT ESSA Industries Indonesia Tbk |
49.5
Severe
|
573 out of 585 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Lithium Americas Corp.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Lithium Americas Corp.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Lithium Americas Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level