Fortescue Ltd
Fortescue's GHG Emissions Data Preview
In 2024, 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 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Fortescue's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Fortescue amounted to 2,730,000 metric 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).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Fortescue increased by 7.06%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Fortescue's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fortescue's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Fortescue were 2,360,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Fortescue reduced its Scope 1 emissions over time?
Since 2020, Fortescue's Scope 1 emissions have increased by 3.96%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), Fortescue's Scope 1 emissions increased by 7.27%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Fortescue's Scope 2 emissions?
In 2024, Fortescue reported Scope 2 greenhouse gas (GHG) emissions of 500,000 tCOâ‚‚e using the market-based method, and 370,000 tCOâ‚‚e using the location-based method.
Has Fortescue reduced its Scope 2 emissions over time?
Compared to the previous year (2023), 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.
What methodology does Fortescue use for Scope 2 reporting?
In 2024, Fortescue reported its Scope 2 emissions using the market-based method and using the location-based method.
Fortescue's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Fortescue's Value Chain Emissions
In 2024, Fortescue reported 269,310,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Fortescue includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Fortescue's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fortescue's Scope 3 emissions?
In 2024, Fortescue reported total Scope 3 emissions of 269,310,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 2.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.35% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2023), Fortescue's Scope 3 emissions remained relatively stable, indicating that Fortescue 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Fortescue disclose?
In 2024, Fortescue reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2024, the largest contributors to Fortescue's Scope 3 emissions were:
- Processing of Sold Products (Cat. 10): 262,160,000 tCOâ‚‚e (97.34%)
- Upstream Transportation and Distribution (Cat. 4): 2,990,000 tCOâ‚‚e (1.11%)
- Purchased Goods and Services (Cat. 1): 2,820,000 tCOâ‚‚e (1.05%)
Fortescue's Scope 3 Emissions by Categories
Insights into Fortescue's Total Carbon Footprint
In 2024, Fortescue reported a total carbon footprint of 272,040,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.7% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Fortescue's total carbon footprint was Scope 3 emissions, accounting for 99% of the company's total carbon footprint, followed by Scope 1 emissions at 0.87%.