Fortescue Metals Group Ltd, commonly known as Fortescue, is a leading player in the chemical and fertilizer minerals sector, headquartered in Australia. Established in 2003, the company has rapidly evolved, focusing on mining and quarrying products, including salt and other minerals. With significant operations in Western Australia, Fortescue has carved a niche in the industry through its commitment to sustainable practices and innovative extraction techniques.
The company’s core offerings include iron ore and various mineral products, distinguished by their high quality and competitive pricing. Fortescue's strategic initiatives have positioned it as a key competitor in the global market, achieving notable milestones such as becoming one of the largest iron ore producers in the world. With a strong emphasis on environmental stewardship and community engagement, Fortescue continues to set benchmarks in the mining industry.
+55 vs industry average
Fortescue’s score of 73 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Fortescue?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Salt and Mineral Mining has above-average carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fortescue's reported carbon emissions
Fortescue Metals Group, headquartered in AU and operating within the mining and quarrying sector, has reported significant carbon emissions and set ambitious climate commitments.
For the 2024 reporting year, Fortescue recorded a total of approximately 271.9 billion kg CO2e. This comprises 2.36 billion kg CO2e for Scope 1 emissions and a combined 0.87 billion kg CO2e for Scope 2 (market-based) emissions. Scope 3 emissions were substantially higher, totalling approximately 269.31 billion kg CO2e.
In 2023, the company's total emissions were approximately 269.81 billion kg CO2e. This included 2.2 billion kg CO2e for Scope 1, approximately 0.54 billion kg CO2e for Scope 2 (market-based), and about 267.61 billion kg CO2e for Scope 3.
Fortescue's climate strategy includes several key reduction targets:
- Real Zero Emissions by 2030: Fortescue is committed to achieving "Real Zero" Scope 1 and Scope 2 emissions across its Australian terrestrial iron ore operations by 2030. This signifies the elimination of fossil fuels from these operations.
- Scope 1 and 2 Reduction: The company aims to reduce Scope 1 and 2 emissions from its existing operations by 26% from 2020 levels by 2030.
- Net Zero Scope 3 Emissions by 2040: Fortescue has set a long-term goal to achieve net-zero Scope 3 emissions by 2040.
- Shipping Emissions Intensity: A target is in place to reduce the emissions intensity from the shipping of its iron ore by 50% by 2030, compared to FY21 levels.
- Steelmaking Emissions Intensity: Fortescue also aims to enable a reduction in emissions intensity from steelmaking by its customers by 7.5% by 2030, relative to FY21 levels.
- Carbon Neutrality by 2030: The company has stated its intention to achieve carbon neutrality across its operations by 2030.
Fortescue is actively investing in renewable energy, green iron, green hydrogen, and battery systems to support its decarbonisation efforts, with a commitment to eliminate the use of fossil fuels and avoid voluntary carbon offsets for Scope 1 and 2 emissions from FY24 onwards.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Fortescue’s Climate Goals (2030 & 2050)
13 goals2030
90% reduction in Scope 1
We have a costed plan to decarbonise our Australian terrestrial iron ore operations in the Pilbara by 2030. At the time of this report, Fort…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 13 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Fortescue
Frequently asked questions
Common questions about Fortescue’s sustainability data and climate commitments
Data year: 2024
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project