Strategic ambition
In this first adoption of the Transition Plan Taskforce Disclosure Framework, Fortescue reaffirms our commitment to addressing the critical challenge of climate change and transition planning to help protect and enhance our long-term value.
Decarbonising Fortescue
Fortescue’s ambitions and actions, in either our own operations or value chain, in the short, medium and long term, to reduce our greenhouse gas emissions.
Responding to Fortescue's Climate-Related Risks and Opportunities
Fortescue’s ambitions and actions to enhance our resilience to the changing climate and respond to the risks and opportunities that arise from the transition to a low-greenhouse gas emissions, climate-resilient economy
.png%3Fh%3D3744%26iar%3D0%26w%3D5616&w=3840&q=75 "MicrosoftTeams-image (35)")
Contributing to an Economy-Wide Transition
Fortescue’s ambitions and actions to use the levers and capabilities we have available to embed and accelerate a transition to a low-greenhouse gas emissions and climate-resilient economy
Our current emissions profile
Our Scope 1 and 2 emissions currently reflect our established iron ore operations, primarily located within the Pilbara region of Western Australia and represent less than 1 per cent of our overall emissions (combined Scope 1, 2, and 3). As our business develops and our green technology, green energy and international metal assets become established, our Scope 1 and 2 emissions profile will also change.
2.72mt
CO2-e
2.82mt
CO2-e purchased goods and services
3.31mt
CO2-e scope 3 shipping
262.16mt
CO2-e processing of our iron ore by our customers
Accelerating a transition to a low-emissions climate-resilient economy
In addition to our work to decarbonise Fortescue, we are seeking to make a significant and strategic contribution to accelerating the global transition to a zero-emissions economy. By transforming our company into an integrated green technology, energy and metals business, we will offer a suite of zero-emissions products and technologies to support industrial decarbonisation, particularly in hard to abate sectors.
Fortescue's innovation portfolio follows these strategic objectives:
