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New Fortress Energy
Gas/Diesel OilUnited StatesNASDAQ: NFE
Last verified 8 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.
7
DitchCarbon score
-9 vs industry average
New Fortress Energy’s score of 7 is lower than 19% 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
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, a US-headquartered company in the Gas/Diesel Oil industry, reported total greenhouse gas emissions of approximately 5.5 billion kg CO2e in 2023. This comprised Scope 1 emissions of 947.2 million kg CO2e, Scope 2 emissions of 23.4 million kg CO2e, and Scope 3 emissions of 4.5 billion kg CO2e.
Looking back, their total emissions were approximately 4.6 billion kg CO2e in 2022, with Scope 1 at 679.9 million kg CO2e, Scope 2 at 22.5 million kg CO2e, and Scope 3 at 3.9 billion kg CO2e. In 2021, total emissions were around 3.2 billion kg CO2e, including Scope 1 emissions of 1.1 billion kg CO2e, Scope 2 emissions of 19.4 million kg CO2e, and Scope 3 emissions of 2.1 billion kg CO2e. For 2020, total emissions were approximately 3.0 billion kg CO2e, consisting of Scope 1 emissions of 967.9 million kg CO2e, Scope 2 emissions of 46.8 million kg CO2e, and Scope 3 emissions of 2.0 billion kg CO2e.
New Fortress Energy has not reported any specific emissions reduction targets or commitments, such as those verified by the Science Based Targets initiative (SBTi) or participation in 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.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
New Fortress Energy8 months ago
7
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