Fortescue Metals Group Ltd, commonly known as Fortescue, is a leading Australian iron ore producer headquartered in Perth, Western Australia. Founded in 2003, the company has rapidly established itself as a key player in the global mining industry, particularly in the Pilbara region, where it operates extensive iron ore mines. Specialising in the extraction and export of iron ore, Fortescue is renowned for its innovative approach to mining and commitment to sustainability. The company has achieved significant milestones, including the development of the world-class Chichester Hub and the introduction of advanced technologies to enhance operational efficiency. With a strong market position, Fortescue is recognised for its high-quality iron ore products and has made notable strides in reducing its carbon footprint, positioning itself as a forward-thinking leader in the mining sector.
How does Fortescue'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.
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.
Fortescue's score of 56 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fortescue Metals Group Ltd reported total carbon emissions of approximately 2550000000 kg CO2e, comprising 2200000000 kg CO2e from Scope 1 and 350000000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality by 2030, which involves reducing its net Scope 1 and Scope 2 emissions to zero across existing and future operations. Fortescue's emissions have shown a general trend of reduction over the years, with Scope 1 emissions decreasing from 1920000000 kg CO2e in 2015 to 2200000000 kg CO2e in 2023. The company has also committed to long-term targets under the Science Based Targets initiative (SBTi), aiming for net-zero emissions across all scopes by 2050. In addition to its internal reduction targets, Fortescue is a signatory to the Amazon Climate Pledge, reinforcing its commitment to sustainability and climate action. The company continues to focus on reducing its carbon footprint while maintaining its position in the mining sector.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,920,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | - | - | - | 000,000,000 | 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 | 000,000,000,000 | 000,000,000,000 |
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.
Fortescue is participating in some 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.