Ferrexpo
Ferrexpo PLC, a leading iron ore pellet producer, is headquartered in Switzerland (CH) and operates primarily in Ukraine. Founded in 1960, the company has established itself as a key player in the mining and metals industry, focusing on the extraction and processing of iron ore. Ferrexpo is renowned for its high-quality iron ore pellets, which are essential for steel production, and its commitment to sustainable practices sets it apart in the market. With significant operations in the Poltava region, Ferrexpo has achieved notable milestones, including being listed on the London Stock Exchange. The company consistently ranks among the top iron ore producers globally, reflecting its strong market position and dedication to innovation. Ferrexpo's unique blend of quality products and responsible mining practices underscores its reputation as a trusted supplier in the industry.
DitchCarbon Score
How does Ferrexpo'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 Salt and Mineral Mining 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
Ferrexpo's score of 52 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ferrexpo's reported carbon emissions
In 2023, Ferrexpo reported total carbon emissions of approximately 6,092,000,000 kg CO2e. This figure includes 247,000,000 kg CO2e from Scope 1 emissions, 137,000,000 kg CO2e from Scope 2 emissions, and a significant 5,707,438,000 kg CO2e from Scope 3 emissions, primarily from the processing of sold products. Over the years, Ferrexpo has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 8,206,000,000 kg CO2e, indicating a reduction in emissions in 2023. The emissions from Scope 1 and 2 combined were approximately 384,000,000 kg CO2e in 2023, down from 564,000,000 kg CO2e in 2022. Despite these reductions, Ferrexpo has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, with a reported intensity of 52.3 kg CO2e per tonne of iron ore pellets produced in 2023. Overall, Ferrexpo's emissions data reflects ongoing efforts to manage and reduce carbon emissions, although further clarity on specific reduction commitments would enhance understanding of their long-term climate strategy.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 588,781,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,925,670,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Ferrexpo is not committed to any reduction initiatives 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.
