Fortis Inc

Common Name
Fortis
Country
Canada
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
9,848
Ticker
FTS
Exchange
TORONTO STOCK EXCHANGE
Description
Fortis Inc. operates as a leading energy management and infrastructure enterprise in North America. Specializing in electric and gas utility operations, Fortis Inc. plays a crucial role in the daily e...

Fortis's Climate Target Data Preview

As of 2024, Fortis has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction 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 Fortis ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a, b
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a, b
2035
Download Fortis's Climate Targets data for free

Create your Tracenable account today and download up to 5 company datasets of your choice for free. No credit card required.

Verified Sources Behind Fortis’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 Fortis’s data sources below and access millions more through our Disclosure Search.

a. Fortis's Annual Report 2024
Trace every data point back to Fortis’s disclosures

Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.

b. Fortis's Climate Assessment Report 2024
Trace every data point back to Fortis’s disclosures

Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.

Insights into Fortis's Greenhouse Gas Emissions Pathways

As of 2024, Fortis has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b

Does Fortis have a target to reduce the emissions from its operations?

As of 2024, Fortis has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Fortis's most ambitious operational target is to reduce these emissions by 75% by 2035, compared to a baseline of 12,308,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b

As of 2024, Fortis is ahead of schedule on its operational emissions reduction target, having achieved 45.33% of the planned reduction. a b

Fortis's Operational (Scope 1+2) Emissions Pathway

201920242030203503.5 M7 M10.5 M14 MBaselineCurrent (-34%)Target 2030 (-50%)Target 2035 (-75%)
Want Full Access to Fortis's Climate Targets Dataset?
Sign Up