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Fortescue Ltd

Common Name
Fortescue
Country
Australia
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
15,642
Ticker
FMG
Exchange
ASX
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 GHG Emissions Data Preview

In 2025, Fortescue completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Fortescue has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
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a
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Fortescue’s Greenhouse Gas (GHG) Emissions 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 Annual Report 2025
a. Fortescue's Annual Report 2025
b. Fortescue's Annual Report 2024
b. Fortescue's Annual Report 2024
c. Fortescue's Climate Change Statement 2023
c. Fortescue's Climate Change Statement 2023

Insights into Fortescue's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions ofFortescue amounted to3,020,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Fortescueincreased by 10.62%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Fortescue's Scope 1 Emissions Over Time

2020202120222023202420250700 k1.4 M2.1 M2.8 MtCO2e+6%-8%0%+7%+12%
  • Total Scope 1
  • Year-over-Year Change

What are Fortescue's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Fortescue were 2,640,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Fortescue reduced its Scope 1 emissions over time?

Since 2020, Fortescue's Scope 1 emissions have increased by 16.3%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2024), Fortescue's Scope 1 emissions increased by 11.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Fortescue's Scope 2 emissions?

In 2025, Fortescue reported Scope 2 greenhouse gas (GHG) emissions of 520,000 tCOâ‚‚e using the market-based method and 380,000 tCOâ‚‚e using the location-based method.a

Has Fortescue reduced its Scope 2 emissions over time?

Compared to the previous year(2024), Fortescue's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Fortescue's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Fortescue use for Scope 2 reporting?

In 2025, Fortescue reported its Scope 2 emissions using the market-based method and using the location-based method.a

Fortescue's Scope 2 Emissions Over Time

2020202120222023202420250150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Fortescue's Value Chain Emissions

In 2025, Fortescue reported 275,880,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Fortescue includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Fortescue's Scope 3 Emissions Over Time

20212022202320242025070 M140 M210 M280 MtCO2e+3%+4%+1%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Fortescue's Scope 3 emissions?

In 2025, Fortescue reported total Scope 3 emissions of 275,880,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 2.41%of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.59%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2024), Fortescue's Scope 3 emissions remained relatively stable, indicating that Fortescue's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Fortescue disclose?

In 2025, Fortescue reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Fortescue's Scope 3 emissions?

In 2025, the largest contributors to Fortescue's Scope 3 emissions were:a

  • Processing of Sold Products (Cat. 10): 269,200,000 tCOâ‚‚e(97.58%)
  • Upstream Transportation and Distribution (Cat. 4): 3,070,000 tCOâ‚‚e(1.11%)
  • Purchased Goods and Services (Cat. 1): 2,280,000 tCOâ‚‚e(0.83%)

Fortescue's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(1.1%)Processing of SoldProducts (Cat. 10)(97.6%)

Insights into Fortescue’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Fortescue reported Scope 1 greenhouse gas (GHG) emissions of 2,640,000 tCOâ‚‚e and total revenues of USD 23,156 millions. This translates into an emissions intensity of 114.01 tCOâ‚‚e per millions USD.a

Fortescue's Scope 1 Emissions Intensity Compared to Peers

1050020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)102002,00050,0001,000,000Revenues (Millions of USD)YKJGCCAnglo AmericanYear: 2024Scope 1: 6,700,000 tCO2eRevenue: $M 20,134Scope 1 Intensity: 332.77 tCO2e/$MTeck ResourcesYear: 2023Scope 1: 863,000 tCO2eRevenue: $M 11,339Scope 1 Intensity: 76.11 tCO2e/$MWestern MiningYear: 2024Scope 1: 563,111 tCO2eRevenue: $M 6,855Scope 1 Intensity: 82.15 tCO2e/$MNickel IndustriesYear: 2024Scope 1: 2,934,253 tCO2eRevenue: $M 2,680Scope 1 Intensity: 1,094.73 tCO2e/$MYYYunnan TinYear: 2024Scope 1: 293,910 tCO2eRevenue: $M 5,751Scope 1 Intensity: 51.10 tCO2e/$MSouth32Year: 2024Scope 1: 9,400,000 tCO2eRevenue: $M 7,524Scope 1 Intensity: 1,249.28 tCO2e/$MMitsubishi MaterialsYear: 2025Scope 1: 787,000 tCO2eRevenue: $M 13,084Scope 1 Intensity: 60.15 tCO2e/$MPilbara MineralsYear: 2024Scope 1: 180,291 tCO2eRevenue: $M 1,196Scope 1 Intensity: 150.76 tCO2e/$MGrupo MexicoYear: 2024Scope 1: 5,343,000 tCO2eRevenue: $M 304,018Scope 1 Intensity: 17.57 tCO2e/$MTibet Summit ResourcesYear: 2022Scope 1: 22,000 tCO2eRevenue: $M 283Scope 1 Intensity: 77.66 tCO2e/$MKKKorea ZincYear: 2024Scope 1: 2,572,667 tCO2eRevenue: $M 8,214Scope 1 Intensity: 313.21 tCO2e/$MLynas Rare EarthsYear: 2024Scope 1: 69,046 tCO2eRevenue: $M 310Scope 1 Intensity: 222.88 tCO2e/$MAfrican Rainbow MineralsYear: 2023Scope 1: 420,099 tCO2eRevenue: $M 778Scope 1 Intensity: 540.20 tCO2e/$MJJJubilee Metals GroupYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 14Scope 1 Intensity: 774.97 tCO2e/$MGGGriffin MiningYear: 2024Scope 1: 14,082 tCO2eRevenue: $M 106Scope 1 Intensity: 133.42 tCO2e/$MMineral ResourcesYear: 2024Scope 1: 705,005 tCO2eRevenue: $M 3,508Scope 1 Intensity: 200.98 tCO2e/$MCCChina Northern Rare EarthYear: 2024Scope 1: 343,968 tCO2eRevenue: $M 4,517Scope 1 Intensity: 76.15 tCO2e/$MJCHX Mining ManagementYear: 2024Scope 1: 16 tCO2eRevenue: $M 1,363Scope 1 Intensity: 0.01 tCO2e/$MIluka ResourcesYear: 2023Scope 1: 454,000 tCO2eRevenue: $M 880Scope 1 Intensity: 516.02 tCO2e/$MIGOYear: 2024Scope 1: 111,034 tCO2eRevenue: $M 549Scope 1 Intensity: 202.22 tCO2e/$MZhejiang Huayou CobaltYear: 2024Scope 1: 2,992,418 tCO2eRevenue: $M 8,351Scope 1 Intensity: 358.34 tCO2e/$MBHP GroupYear: 2025Scope 1: 7,300,000 tCO2eRevenue: $M 78,349Scope 1 Intensity: 93.17 tCO2e/$MCCCITIC MetalYear: 2024Scope 1: 31 tCO2eRevenue: $M 18,224Scope 1 Intensity: 0.00 tCO2e/$MCMOC GroupYear: 2024Scope 1: 1,340,000 tCO2eRevenue: $M 29,190Scope 1 Intensity: 45.91 tCO2e/$MFortescueYear: 2025Scope 1: 2,640,000 tCO2eRevenue: $M 23,156Scope 1 Intensity: 114.01 tCO2e/$M

How does Fortescue's GHG emissions intensity compare to its peers?

In 2025, Fortescue reported a Scope 1 emissions intensity of 114.01 tCOâ‚‚e per millions USD. Compared to the peer group median of 142.09, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Fortescue rank on GHG emissions intensity within its industry?

In 2025, Fortescue ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Fortescue is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Fortescue's Total Carbon Footprint

In 2025, Fortescue reported a total carbon footprint of 278,900,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.52% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Fortescue's total carbon footprint was Scope 3 emissions, accounting for 98.92% of the company's total carbon footprint, followed by Scope 1 emissions at 0.95%.a

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