Public Profile

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. Fortescue is renowned for its innovative approach to mining and logistics, offering high-quality iron ore products that cater to the demands of international markets. The company has achieved significant milestones, including the development of the world-class Solomon Hub and the introduction of sustainable practices in its operations. With a strong commitment to environmental stewardship and community engagement, Fortescue has positioned itself as a responsible leader in the sector, consistently ranking among the top iron ore producers globally.

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.

44

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.

10

Industry Benchmark

Fortescue's score of 44 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

Fortescue's reported carbon emissions

In 2023, Fortescue Metals Group Ltd reported total carbon emissions of approximately 2550000000 kg CO2e, with Scope 1 emissions at about 2200 kg CO2e, Scope 2 emissions at approximately 350000000 kg CO2e, and Scope 3 emissions at about 267610 kg CO2e. This reflects a commitment to reducing emissions across all scopes, as the company has pledged to achieve net-zero emissions by 2050, with a long-term target set in 2023. Over the years, Fortescue has demonstrated a trend of emissions reduction, particularly in Scope 1 emissions, which decreased from about 2270000000 kg CO2e in 2020 to approximately 2200 kg CO2e in 2023. The company has also signed the Amazon Climate Pledge, reinforcing its commitment to sustainability and climate action. Fortescue's emissions data indicates a significant reliance on Scope 3 emissions, which accounted for the majority of their carbon footprint in previous years, highlighting the importance of addressing upstream and downstream activities in their climate strategy. The company is actively working towards its net-zero goal, aligning with industry standards and best practices in climate management.

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Add to project
2015201620172018201920202021202220232024
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
0,000
0,000
Scope 2
-
-
-
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

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 medium 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. Fortescue is headquartered in AU, which has a rank of very high, indicating very high grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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