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updated a month ago

Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project Sustainability Profile

Company website

The Northern Portion of Exploration Licence 47/1617 is a significant asset within the Hamersley Iron Project, operated by Rio Tinto Limited, a leading global mining and metals company headquartered in Melbourne, Australia. Founded in 1873, Rio Tinto has established itself as a key player in the mining industry, focusing on the extraction and production of iron ore, aluminium, copper, and other essential minerals. The Hamersley Iron Project, located in the Pilbara region of Western Australia, is renowned for its high-quality iron ore deposits, which are pivotal to the global steel industry. Rio Tinto's commitment to sustainable mining practices and innovative technologies has positioned it as a market leader, consistently achieving notable milestones in production efficiency and environmental stewardship. With a strong emphasis on quality and reliability, Rio Tinto continues to shape the future of mining while meeting the demands of a dynamic market.

DitchCarbon Score

How does Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project'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 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

Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project'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%

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Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project's reported carbon emissions

Inherited from Fortescue Ltd

The Northern Portion of Exploration Licence 47/1617 in the Hamersley Iron Project currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. This lack of data suggests that the organisation may be in the early stages of establishing its carbon footprint or may rely on broader corporate initiatives for emissions reporting. The organisation's climate commitments and reduction initiatives are inherited from its parent company, Fortescue Ltd, at a cascade level of 2. Fortescue Ltd has set various climate-related targets and initiatives, which may influence the operational strategies of the Northern Portion of Exploration Licence 47/1617. However, specific reduction targets or achievements for this entity are not detailed in the available information. As part of its climate strategy, Fortescue Ltd engages in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which aim to align corporate emissions reductions with global climate goals. The Northern Portion of Exploration Licence 47/1617 is expected to adhere to these overarching commitments, although specific targets or performance metrics for this particular licence are not disclosed. In summary, while the Northern Portion of Exploration Licence 47/1617 does not currently report emissions data or specific reduction targets, it is positioned within the framework of Fortescue Ltd's climate initiatives, which may guide its future environmental performance.

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20172018201920202021202220232024
Scope 1
1,717,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
000,000,000
000,000,000
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

How Carbon Intensive is Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project's Location?

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. This request for Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project is in AU, which has a very high grid carbon intensity relative to other regions.

Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project's Scope 3 Categories Breakdown

Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project's Scope 3 emissions, which increased by 1% last year and increased by approximately 8% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 97% of Scope 3 emissions.

Top Scope 3 Categories

2024
Processing of Sold Products
97%
Upstream Transportation & Distribution
1%
Purchased Goods and Services
1%
Fuel and Energy Related Activities
<1%
Downstream Transportation & Distribution
<1%
Capital Goods
<1%
Upstream Leased Assets
<1%
Business Travel
<1%
Employee Commuting
<1%
Waste Generated in Operations
<1%

Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Northern Portion Of Exploration Licence 47/1617 In The Hamersley Iron Project has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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