Ferrexpo
Ferrexpo PLC, a leading iron ore pellet producer, is headquartered in Switzerland (CH) and operates primarily in Ukraine. Founded in 1960, the company has established itself as a key player in the mining and metals industry, focusing on the extraction and processing of iron ore. Ferrexpo is renowned for its high-quality iron ore pellets, which are essential for steel production, and its commitment to sustainable practices sets it apart in the market. With significant operations in the Poltava region, Ferrexpo has achieved notable milestones, including being listed on the London Stock Exchange. The company consistently ranks among the top iron ore producers globally, reflecting its strong market position and dedication to innovation. Ferrexpo's unique blend of quality products and responsible mining practices underscores its reputation as a trusted supplier in the industry.
DitchCarbon Score
How does Ferrexpo'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.
Industry Average
Mean score of companies in the Salt and Mineral Mining 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.
Industry Benchmark
Ferrexpo's score of 41 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ferrexpo's reported carbon emissions
In 2023, Ferrexpo reported total carbon emissions of approximately 6,092,000,000 kg CO2e, comprising 247,000,000 kg CO2e from Scope 1, 137,000,000 kg CO2e from Scope 2, and a significant 5,707,438,000 kg CO2e from Scope 3 emissions, primarily from the processing of sold products. The total emissions for 2022 were about 8,206,000,000 kg CO2e, indicating a reduction in emissions year-on-year. For 2024, Ferrexpo's emissions intensity for Scope 1 and 2 is reported at 85.0 tonnes CO2e per unit of production, while Scope 3 emissions intensity stands at 1,310.0 tonnes CO2e per unit of revenue. This data reflects the company's ongoing efforts to monitor and manage its carbon footprint. Despite these figures, Ferrexpo has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the company is tracking emissions, it may not yet have formalised commitments to reduce them in line with global climate goals. All emissions data is sourced directly from Ferrexpo plc, with no cascaded data from parent or related organisations. The company continues to operate from its headquarters in Switzerland (CH), focusing on transparency in its emissions reporting.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 588,781,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,925,670,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Ferrexpo is not participating in any of the initiatives that 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.
