Ferrexpo

Ferrexpo, headquartered in CH, operates in the Chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry. In 2024, the company's total reported carbon emissions were approximately 9.485 billion kg CO2e. This includes Scope 1 emissions of approximately 352 million kg CO2e, Scope 2 emissions of approximately 277 million kg CO2e, and Scope 3 emissions of approximately 8.856 billion kg CO2e. Key categories within Scope 3 include processing of sold products (approximately 8.512 billion kg CO2e), downstream transportation and distribution (approximately 173.5 million kg CO2e), and fuel and energy-related activities (approximately 154.7 million kg CO2e).

In 2023, Ferrexpo's total emissions were approximately 6.082 billion kg CO2e, comprising Scope 1 emissions of approximately 247 million kg CO2e, Scope 2 emissions of approximately 137 million kg CO2e, and Scope 3 emissions of approximately 5.698 billion kg CO2e. The largest contributor to Scope 3 was processing of sold products (approximately 5.476 billion kg CO2e).

Comparing 2024 to 2023, Ferrexpo saw an increase in total emissions from approximately 6.082 billion kg CO2e to approximately 9.485 billion kg CO2e.

Looking further back, in 2022, total emissions were approximately 8.206 billion kg CO2e, with Scope 1 at approximately 341 million kg CO2e, Scope 2 at approximately 223 million kg CO2e, and Scope 3 at approximately 7.642 billion kg CO2e. In 2021, total emissions were approximately 15.415 billion kg CO2e, with Scope 1 at approximately 649 million kg CO2e, Scope 2 at approximately 404 million kg CO2e, and Scope 3 at approximately 14.362 billion kg CO2e. The earliest available data for all three scopes is from 2016, with total emissions of approximately 2.703 billion kg CO2e, including Scope 1 emissions of approximately 550.5 million kg CO2e, Scope 2 emissions of approximately 2.079 billion kg CO2e, and Scope 3 emissions of approximately 73.3 million kg CO2e.

Ferrexpo has not disclosed specific carbon reduction targets or commitments through initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge.