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Salt and Mineral Mining
AU
updated 18 days ago

Fortescue

Company website

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.

DitchCarbon Score

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.

58

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.

23

Industry Benchmark

Fortescue's score of 58 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Fortescue's reported carbon emissions

In 2024, Fortescue Metals Group Ltd reported significant carbon emissions, totalling approximately 2360000000 kg CO2e for Scope 1, 500000000 kg CO2e for Scope 2 (market-based), and a staggering 269310000000 kg CO2e for Scope 3 emissions. The previous year, 2023, saw similar figures with Scope 1 emissions at about 2200000000 kg CO2e, Scope 2 at approximately 540000000 kg CO2e, and Scope 3 emissions reaching around 267610000000 kg CO2e. Fortescue has set ambitious climate commitments, aiming for carbon neutrality across its operations by 2030 for both Scope 1 and Scope 2 emissions. This includes a target to reduce Scope 1 and 2 emissions from existing operations by 26% from 2020 levels by 2030. Additionally, the company is committed to achieving Real Zero emissions across its Australian terrestrial iron ore operations by 2030, which entails eliminating fossil fuels and transitioning to renewable energy sources. For Scope 3 emissions, Fortescue has pledged to achieve net-zero by 2040, alongside a goal to reduce emissions intensity from the shipping of iron ore by 50% from FY21 levels by 2030. These targets reflect Fortescue's commitment to sustainability and its proactive approach to addressing climate change within the mining sector. The emissions data and climate commitments are sourced directly from Fortescue Ltd, with no data cascaded from a parent or related organization.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fortescue's primary industry is Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c., which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Fortescue is in AU, which has a very high grid carbon intensity relative to other regions.

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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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