Fortescue
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.
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
Fortescue's score of 38 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fortescue's reported carbon emissions
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 not disclosed Scope 3 emissions for this year, but previous data indicates significant contributions from this category, particularly in 2020, where Scope 3 emissions reached about 255000000000 kg CO2e. Fortescue has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which Fortescue joined in October 2022. The company has set a clear pathway towards this goal, with interim targets and initiatives aimed at reducing its carbon footprint. Over the years, Fortescue has made notable progress in reducing its emissions. For instance, from 2015 to 2017, Scope 1 emissions decreased from approximately 1920000000 kg CO2e to 1720000000 kg CO2e. The company continues to explore innovative solutions and technologies to further enhance its sustainability efforts in the mining sector. Overall, Fortescue's climate commitments reflect a proactive approach to addressing climate change, with a focus on transparency and accountability in its emissions reporting.
Unlock detailed emissions data
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 |
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.
Fortescue is committed to some 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.
