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OrganisationsNew Fortress Energy
New Fortress Energy logo

New Fortress Energy

Gas/Diesel OilUnited StatesNASDAQ: NFE
Last verified 7 months agonewfortressenergy.com

New Fortress Energy (NFE) is a prominent player in the gas and diesel oil industry, headquartered in the United States. Since its founding in 2014, the company has rapidly expanded its operations across the Americas, delivering reliable energy solutions to diverse markets. NFE specialises in the production, distribution, and regasification of natural gas, alongside the supply of diesel and other fuels, setting itself apart through innovative infrastructure and integrated energy services.

With a focus on sustainable and cost-effective energy, New Fortress Energy has established a strong market position, recognised for its ability to deliver clean energy solutions at scale. Its notable achievements include developing liquefied natural gas (LNG) infrastructure and securing key strategic partnerships, making it a significant force within the global gas and diesel oil sectors.

14
DitchCarbon score

-6 vs industry average

New Fortress Energy’s score of 14 is lower than 26% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Gas/Diesel Oil is among the most carbon-intensive industries

Industry performance

0.698
20182025

The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018

Emissions trajectory 2020 – 2026

0.0B0.0B0.0B0.0B0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

New Fortress Energy's reported carbon emissions

New Fortress Energy, headquartered in the US and operating in the Gas/Diesel Oil industry, reported total global CO2e emissions of approximately 5,921,916,000 kg CO2e for 2023. This figure encompasses Scope 1 emissions of about 947,243,000 kg CO2e, Scope 2 emissions of approximately 23,363,000 kg CO2e, and Scope 3 emissions totalling around 4,535,240,000 kg CO2e.

In 2022, the company's global emissions were approximately 4,607,643,000 kg CO2e, comprising Scope 1 emissions of about 679,964,000 kg CO2e, Scope 2 emissions of approximately 22,529,000 kg CO2e, and Scope 3 emissions of around 3,907,656,000 kg CO2e.

For 2021, New Fortress Energy's global emissions stood at approximately 3,227,939,000 kg CO2e, with Scope 1 emissions around 1,102,015,000 kg CO2e, Scope 2 emissions of approximately 19,421,000 kg CO2e, and Scope 3 emissions totalling about 2,106,423,000 kg CO2e.

In 2020, the company's global emissions were approximately 3,012,358,000 kg CO2e, including Scope 1 emissions of about 967,889,000 kg CO2e, Scope 2 emissions of approximately 46,781,000 kg CO2e, and Scope 3 emissions of around 1,979,580,000 kg CO2e.

New Fortress Energy's sustainability report for 2023 indicates a Scope 1 & 2 carbon intensity of approximately 0.0004 kg CO2e per USD of revenue. For 2022, this intensity was about 0.0003 kg CO2e per USD of revenue, and for 2021, it was approximately 0.00085 kg CO2e per USD of revenue. In 2020, the Scope 1 & 2 carbon intensity was approximately 0.00225 kg CO2e per USD of revenue. The company has disclosed Scope 1, 2, and 3 emissions data and downstream categories. However, data for purchased goods and services within Scope 3 is noted as missing. New Fortress Energy has not publicly stated specific reduction targets or commitments through initiatives like SBTi or the Climate Pledge.

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New Fortress Energy’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for New Fortress Energy yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
New Fortress Energy logoNew Fortress Energy
USGas/Diesel Oil
7 months ago
14
Royal Dutch Shell logoRoyal Dutch Shell
GBPetroleum Refineries
6 hours ago
82
View
TotalEnergies logoTotalEnergies
FRPetroleum Refineries
1 day ago
73
View
Centrica logoCentrica
GBNatural Gas Distribution
2 days ago
63
View
Dominion Energy logoDominion Energy
USElectricity Transmission
2 days ago
52
View
Bp logoBp
GBCrude Petroleum Extraction
2 days ago
45
View
Sempra logoSempra
USBusiness Services
2 days ago
43
View

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