Fortescue Ltd

Common Name
Fortescue
Country
Australia
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
15,642
Ticker
FMG
Exchange
ASX
Description
Fortescue Metals Group Ltd is a leading global producer of iron ore, primarily engaged in exploration, development, production, processing, and sale of iron ore. Headquartered in Perth, Western Austra...

Fortescue's Climate Target Data Preview

As of 2024, 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 - 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
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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)
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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. Explore Fortescue’s data sources below and access millions more through our Disclosure Search.

a. Fortescue's Sustainability Report 2024
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Insights into Fortescue's Greenhouse Gas Emissions Pathways

As of 2024, 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

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