📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
New Fortress Energy Inc
New Fortress Energy's GHG Emissions Data Preview
In 2023, New Fortress Energy 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).
New Fortress Energy has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind New Fortress Energy’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 New Fortress Energy’s data sources below and access millions more through our Disclosure Search.
Insights into New Fortress Energy's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofNew Fortress Energy amounted to970,605.9metric 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 2022, the total operational greenhouse gas (GHG) emissions of New Fortress Energyincreased by 27.26%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
New Fortress Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are New Fortress Energy's Scope 1 emissions?
In 2023, the total Scope 1 emissions of New Fortress Energy were 947,242.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has New Fortress Energy reduced its Scope 1 emissions over time?
Since 2020, New Fortress Energy's Scope 1 emissions have decreased by 2.13%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2022), New Fortress Energy's Scope 1 emissions increased by 27.97%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are New Fortress Energy's Scope 2 emissions?
In 2023, New Fortress Energy reported Scope 2 greenhouse gas (GHG) emissions of 23,363 tCOâ‚‚e without specifying the calculation method.a
Has New Fortress Energy reduced its Scope 2 emissions over time?
Since 2020, New Fortress Energy's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 50.06%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2022), New Fortress Energy's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that New Fortress Energy's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does New Fortress Energy use for Scope 2 reporting?
In 2023, New Fortress Energy reported its Scope 2 emissions using an unspecified methodology.a
New Fortress Energy's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into New Fortress Energy's Value Chain Emissions
In 2023, New Fortress Energy reported 4,535,240 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 2023 disclosure of New Fortress Energy includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
New Fortress Energy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are New Fortress Energy's Scope 3 emissions?
In 2023, New Fortress Energy reported total Scope 3 emissions of 4,535,240 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 0%of these emissions originated from upstream activities such as purchased goods and capital goods, while 100%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has New Fortress Energy reduced its Scope 3 emissions over time?
Since 2020, New Fortress Energy's Scope 3 emissionshave increased by 129.1%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), New Fortress Energy's Scope 3 emissions increased by 16.06%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does New Fortress Energy disclose?
In 2023, New Fortress Energy reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of New Fortress Energy's Scope 3 emissions?
In 2023, the largest contributors to New Fortress Energy's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 4,535,240 tCOâ‚‚e(100%)
New Fortress Energy's Scope 3 Emissions by Categories
Insights into New Fortress Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2023, New Fortress Energy reported Scope 1 greenhouse gas (GHG) emissions of 947,242.9 tCOâ‚‚e and total revenues of USD 2,413 millions. This translates into an emissions intensity of 392.51 tCOâ‚‚e per millions USD.a
New Fortress Energy's Scope 1 Emissions Intensity Compared to Peers
How does New Fortress Energy's GHG emissions intensity compare to its peers?
In 2023, New Fortress Energy reported a Scope 1 emissions intensity of 392.51 tCOâ‚‚e per millions USD. Compared to the peer group median of 525.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does New Fortress Energy rank on GHG emissions intensity within its industry?
In 2023, New Fortress Energy 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
New Fortress Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into New Fortress Energy's Total Carbon Footprint
In 2023, New Fortress Energy reported a total carbon footprint of 5,505,845.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.89% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to New Fortress Energy's total carbon footprint was Scope 3 emissions, accounting for 82.37% of the company's total carbon footprint, followed by Scope 1 emissions at 17.2%.a