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Fortescue Ltd

Common Name
Fortescue
Country
Australia
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
15,745
Ticker
FMG
Exchange
Australian Securities Exchange
Description
Fortescue Ltd is a diversified Australian resources company recognized for its significant role in iron ore mining and global resource development. Originally founded as Fortescue Metals Group Ltd, th...

Fortescue's Climate Target Data Preview

As of 2025, Fortescue has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Fortescue's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Ore Sold/Delivered
-50%a
2030
Intensity-based Target
Scope 3 - Processing of Sold Products (Cat. 10)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Ore from Other Activities (Unlisted)
-7%a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Fortescue’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Fortescue's Annual Report 2025

Insights into Fortescue's Greenhouse Gas Emissions Pathways

As of 2025, Fortescue has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.a

Does Fortescue have a target to reduce the emissions from its value chain?

As of 2025, Fortescue has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

Fortescue's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 0.022 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Ore Sold/Delivered in 2021.a

As of 2025, Fortescue is lagging behind on its value chain emissions reduction target, having achieved 27.28% of the planned reduction.a

Fortescue's Value Chain (Scope 3) Emissions Pathway

20212025203000.010.010.020.02BaselineCurrent (-14%)Target 2030 (-50%)
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