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OrganisationsNew Fortress Energy
New Fortress Energy logo

New Fortress Energy

Gas/Diesel OilUnited StatesNASDAQ: NFE
Last verified 6 months agonewfortressenergy.com

New Fortress Energy LLC, headquartered in the United States, is a prominent player in the energy sector, specialising in natural gas infrastructure and logistics. Founded in 2014, the company has rapidly expanded its operations across key regions, including North America, the Caribbean, and parts of Central America.

New Fortress Energy focuses on providing innovative solutions for natural gas supply, transportation, and distribution, setting itself apart with its integrated approach to energy services. The company has achieved significant milestones, including the development of liquefied natural gas (LNG) facilities and strategic partnerships that enhance its market position.

With a commitment to sustainability and efficiency, New Fortress Energy is well-regarded for its role in transforming energy access and supporting cleaner energy transitions in various markets.

12
DitchCarbon score

-7 vs industry average

New Fortress Energy’s score of 12 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

High

Gas/Diesel Oil has above-average carbon intensity

Industry performance

0.245
20192025

The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019

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, has disclosed its carbon emissions for recent years. For 2023, the company reported total greenhouse gas emissions of approximately 5.49 billion kg CO2e. This figure comprises Scope 1 emissions of about 947.24 million kg CO2e, Scope 2 emissions of approximately 23.36 million kg CO2e, and Scope 3 emissions of around 4.54 billion kg CO2e. In 2022, New Fortress Energy's total emissions were approximately 4.59 billion kg CO2e, with Scope 1 at about 679.96 million kg CO2e, Scope 2 at approximately 22.53 million kg CO2e, and Scope 3 at around 3.91 billion kg CO2e. For 2021, total emissions were approximately 3.23 billion kg CO2e, including Scope 1 of about 1.10 billion kg CO2e, Scope 2 of approximately 19.42 million kg CO2e, and Scope 3 of around 2.11 billion kg CO2e. In 2020, the company's total emissions stood at approximately 3.01 billion kg CO2e, consisting of Scope 1 emissions of about 967.89 million kg CO2e, Scope 2 emissions of approximately 46.78 million kg CO2e, and Scope 3 emissions of around 1.98 billion kg CO2e. New Fortress Energy has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. The company's sustainability report indicates that Scope 3 emissions from purchased goods and services are a missing data point.

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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
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6 months ago
12
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