Australian Fortescue Future Industries Pty Ltd
Fortescue Future Industries Pty Ltd, commonly referred to as FFI, is an Australian company headquartered in Perth, Western Australia. Founded in 2020, FFI is a subsidiary of Fortescue Metals Group, focusing on renewable energy and green hydrogen production. The company operates primarily in Australia and is expanding its footprint globally, aiming to lead the transition to sustainable energy solutions. FFI is dedicated to developing innovative technologies that produce green hydrogen, positioning itself as a key player in the renewable energy sector. Its unique approach combines extensive research and development with large-scale production capabilities, setting it apart from competitors. Notable achievements include ambitious plans to achieve net-zero emissions by 2030, reinforcing its commitment to sustainability and environmental stewardship. As a pioneer in the green energy landscape, Fortescue Future Industries is poised to make significant contributions to the global energy transition.
DitchCarbon Score
How does Australian Fortescue Future Industries Pty Ltd's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Australian Fortescue Future Industries Pty Ltd's score of 64 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Australian Fortescue Future Industries Pty Ltd does not report specific carbon emissions figures, as no emissions data is provided. The company is a current subsidiary of Fortescue Ltd, which may influence its climate commitments and initiatives. Fortescue Future Industries is committed to sustainability and has inherited various climate initiatives from its parent company, Fortescue Ltd. These initiatives include targets set under the Science Based Targets initiative (SBTi), as well as participation in the Carbon Disclosure Project (CDP) and the ResponsibleSteel initiative. However, specific reduction targets or achievements for Australian Fortescue Future Industries are not detailed. The absence of direct emissions data suggests that the company is still in the process of establishing its own reporting framework or may rely on the broader commitments of Fortescue Ltd. As a subsidiary, it is likely aligned with the parent company's overarching climate strategy, which focuses on reducing carbon emissions and promoting renewable energy solutions. In summary, while Australian Fortescue Future Industries has not disclosed specific emissions data or reduction targets, it is positioned within a corporate family that prioritises climate action and sustainability through inherited initiatives from Fortescue Ltd.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,460,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 210,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 000,000,000,000 | - | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Australian Fortescue Future Industries Pty Ltd is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
