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.
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2035

This table provides a simplified preview of selected climate targets 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 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.

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.

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.

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

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