Fortescue Ltd (ABN 57 002 594 872)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-07 to 2023-06🗂️ Report periods on file: 2022-07 to 2023-06, 2018-07 to 2019-06, 2016-07 to 2017-06

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2018-07 to 2019-061.85 million tonnes of CO2e
2016-07 to 2017-061.717 million tonnes of CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Identify and implement a screening solution to close the gap in the MSPP.
  • Improve use, assessment, and tracking of supplier SAQs.
  • Complete the pilot project for forensic traceability technology.
  • Continue to improve the advanced due diligence approach for renewable technologies.
  • Refine and improve tender schedules.

📅 Medium-term

  • Continuously improve internal training modules.
  • Review the grievance procedure and implement a remediation protocol.

🔭 Long-term

  • Continue engagement with HRREC and civil society.
  • Continue to evaluate and refine modern slavery KPIs.
  • Launch the human rights due diligence framework, guidance, and tools.
  • Refresh the Human Rights Advisory Group.

🌱 ESG Focus Areas

Modern Slavery

⚠️ Challenges & Risks +

  • Modern slavery risks in operations and supply chain, particularly beyond Tier 1 and Tier 2.
  • High modern slavery risks in certain countries (China, DRC, India, Jordan, Kazakhstan, Malaysia, Papua New Guinea, Türkiye, UAE).
  • High-risk categories: renewable energy technologies, electronics, rubber, construction, shipping, rail rolling stock, offshore fabrication, labour hire, cleaning, catering, and security services.
  • Gap in supplier due diligence due to transition to a new source-to-contract system in Q3 FY23, resulting in 553 newly onboarded suppliers not screened using the MSRAT.

📋 Report Information

Reporting Period: 2022-07 to 2023-06
Frameworks: UN Guiding Principles on Business and Human Rights
Assurance: Independent, third-party verification of material metrics