Company Directory - Albemarle Corporation
Company Details - Albemarle Corporation

Albemarle Corporation
WebsiteAlbemarle is one of the world's largest lithium producers, fully integrated in lithium production, with operations in lithium refining, bromine production, and catalysts for oil refining. The company plays a key role in supplying critical materials for advanced battery and specialty chemical applications.
CCI Score
CCI Score: Albemarle Corporation
16.42
-0.01%
Latest Event
Albemarle Political Contribution Policy Summary
The document outlines Albemarle Corporation's political contribution policy, emphasizing participation in the political process via a PAC comprised of voluntary employee contributions and overseen by senior corporate leadership. The policy is designed to support legislative actions that favor the company’s business interests, reflecting a focused engagement in political activities.
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SABOTEUR
Albemarle Corporation is currently rated as a Saboteur.
Latest Events
- JUN012024
The document outlines Albemarle Corporation's political contribution policy, emphasizing participation in the political process via a PAC comprised of voluntary employee contributions and overseen by senior corporate leadership. The policy is designed to support legislative actions that favor the company’s business interests, reflecting a focused engagement in political activities.
-20
Political Contributions and Lobbying Efforts
March 25
The policy details Albemarle's method of leveraging a Political Action Committee to support candidates that align with its business objectives. Although the contributions are employee-funded and subject to oversight, this structured political involvement can be seen from an anti-fascist perspective as a form of corporate influence aimed at shaping regulatory and legislative outcomes in favor of the company. Such political engagement may indirectly bolster authoritarian tendencies by prioritizing corporate interests over democratic accountability.
PDF Political Contribution Policy Summary - Albemarle Corporation
- MAY232024
Albemarle Corporation outlines its commitment to ethical business practices and adherence to human rights through its comprehensive ethics & compliance program. The policy emphasizes integrity, transparent reporting procedures, and non-retaliation for reporting ethical concerns.
- SEP132023
Albemarle Corporation and the U.S. Department of Defense have inked a $90 million agreement to expand domestic lithium mining and production, bolstering the battery supply chain. Critics argue that this partnership deepens corporate entanglement with the state’s militarization efforts, which can contribute to a power structure supportive of authoritarian policies.
-25
Public and Political Behavior
March 25
By partnering with the Department of Defense, Albemarle is aligning itself with state-led militarization. This move is seen as complicit in reinforcing mechanisms of state power that can pave the way for authoritarian practices.
-20
Economic and Structural Influence
March 25
The significant contract and subsequent production expansion increase Albemarle's economic clout and solidify its role within the military-industrial complex, a structure criticized for bolstering authoritarian practices through state and corporate collusion.
- SEP122023
Albemarle Corporation has secured a $90 million grant from the U.S. Department of Defense under the Defense Production Act to support the expansion and restart of its Kings Mountain lithium mine in North Carolina. While the funding supports domestic critical materials production and is paired with IRMA-ready standards promoting environmental stewardship, the close ties with a defense agency raise concerns about the company’s integration with militarized state power, potentially reinforcing authoritarian tendencies.
-10
Public and Political Behavior
March 25
By accepting grant funds from the Department of Defense, Albemarle is aligning itself with national defense priorities. From a left-leaning perspective, such integration with state militarization can inadvertently support authoritarian practices by reinforcing the military-industrial complex.
Albemarle Receives $90 Million Critical Materials Award from the Department of Defense
+20
Business Practices and Ethical Responsibility
March 25
The announcement emphasizes Albemarle's commitment to responsible mining practices through the adoption of IRMA-Ready standards, which focus on environmental stewardship and community engagement. This proactive approach to sustainable operations provides a positive counterpoint to the negative implications of its ties with defense funding.
-20
Economic and Structural Influence
March 25
The $90 million grant, granted under the Defense Production Act, deepens Albemarle’s structural ties with state power by embedding the company within a defense-supported supply chain. Such collaborations can bolster military-industrial networks, which from an anti-fascist viewpoint, may contribute to the persistence of authoritarian state practices.
Albemarle Receives $90 Million Critical Materials Award from the Department of Defense
- DEC152022
Albemarle Corporation released its updated Human Rights Policy outlining robust commitments to labor rights, safe working conditions, non-discrimination, and responsible supply chain management, effective December 15, 2022.
+80
Labor Relations and Human Rights Practices
March 25
The document clearly details Albemarle's commitment to upholding strong labor standards, ensuring workplace safety, prohibiting discrimination and harassment, and respecting workers' rights including freedom of association. These measures, rooted in internationally recognized human rights principles, demonstrate a proactive stance in protecting employee welfare.
+70
Supply Chain Ethics
March 25
The policy emphasizes responsible sourcing by mandating due diligence in supplier selection and requiring adherence to strict human rights standards. The commitment to terminate relationships with suppliers who fail to meet these expectations reflects a positive approach to supply chain ethics.
- JAN012014
Albemarle Corporation has disclosed its internal political contribution policy that emphasizes transparency and the use of employee-funded mechanisms to support political engagement, ensuring that corporate funds are not directly used for political contributions.
+20
Political Contributions and Lobbying Efforts
March 25
The company has implemented a transparent process for political contributions through the Albemarle PAC, ensuring that contributions are solely funded by voluntary employee inputs and overseen by senior executives and a dedicated Government Relations Office. This approach reduces the risk of undue corporate influence in political affairs, reflecting a measured, though still corporate, engagement in the political process.
+15
Executive Political Engagement
March 25
Senior executives play a key role in overseeing the PAC and ensuring that political contributions abide by strict guidelines and regulatory requirements. While this structure promotes accountability, the active involvement of top management in political oversight still underscores the company's direct engagement in the political process.
- JAN012010
Albemarle Corporation has outlined its commitment to maintaining ethical standards in its supply chain by strictly prohibiting forced labor, human trafficking, and slavery. The firm has adopted a Supplier Code of Conduct and mandates training for all employees on these issues, demonstrating its dedication to human rights, although its reliance on internal procurement staff for supplier evaluation may leave room for improvement.
+70
Supply Chain Ethics
March 25
Albemarle’s published Supplier Code of Conduct and its clear commitment to ethical sourcing—as evidenced by strict policies against forced labor, human trafficking, and slavery—reflect strong adherence to supply chain ethics. This proactive measure supports human rights and reduces complicity in exploitation. However, the lack of a stringent, third-party supplier verification process is a slight weakness that prevents a higher score.
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