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 growing demand from international markets, especially in Asia. 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 mining sector, consistently delivering value to its stakeholders while maintaining a focus on sustainability and efficiency.

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.

7

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Fortescue's score of 7 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

17%

Fortescue's reported carbon emissions

In 2023, Fortescue reported significant carbon emissions, totalling approximately 2,200,000,000 kg CO2e for Scope 1, 350,000,000 kg CO2e for Scope 2, and a staggering 267,610,000,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions breakdown includes about 120,000,000 kg CO2e from capital goods, 30,000,000 kg CO2e from business travel, and 2,500,000,000 kg CO2e from purchased goods and services, among other categories. Despite the high emissions figures, there are currently no publicly stated reduction targets or climate pledges from Fortescue. The company operates within a challenging industry context, where addressing carbon emissions is critical for sustainability and compliance with global climate initiatives. Fortescue's commitment to reducing its carbon footprint remains to be clarified, as no specific reduction initiatives have been documented.

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2023
Scope 1
2,200,000,000
Scope 2
350,000,000
Scope 3
267,610,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fortescue's primary industry is , which is very 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. 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 not committed to any 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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