Sustainability is critical to the success of Fortescue. The Company is focused on achieving leading practice, decarbonising its operations, and ensuring communities continue to benefit from its growth and the green energy transition.
Today, the Company released its annual Sustainability and Climate Change reports, detailing its performance against key material sustainability and climate-related commitments and targets for the 2022 financial year.
Fortescue Chief Executive Officer,
'We have set a target to decarbonise our operations by 2030, which is two decades earlier than commitments made by most of our peers, and we have set a target to achieve net zero Scope 3 emissions by 2040.
'For our size and scale, there is no other mining company taking the action we are to decarbonise and provide the solutions for the world to reduce emissions.
'We are leading the green energy revolution - and will once again, set record-breaking industry benchmarks.'
Highlights from the FY22 Sustainability and Climate Change reports include:
Announcement of an industry leading target to achieve net zero Scope 3 emissions by 2040.
Acquisition of
Completing a
Celebrating more than
Achieving 27 per cent female employment in senior leadership roles.
Energisation of the 60MW Chichester Solar Gas Hybrid facility which displaced 78 million litres of diesel usage during the financial year.
Commencing the development of the Infinity Train, the world's first regenerating battery electric iron ore locomotive.
Became a signatory for The Climate Pledge, a member of the UN Race to Zero, and a founding member of the
Partnering with Liebherr to develop and supply zero emissions haul trucks to our Pilbara mining operations.
Performance highlights in FY22 include:
Safety - 10 per cent reduction in Total Recordable Injury Frequency Rate (TRIFR) to a record annual low of 1.8.
Economic contribution - total global economic contribution of
Workplace diversity - female employment of 23 per cent
Aboriginal employment - 10 per cent Aboriginal employment rate across Australian operations and 15 per cent in our Pilbara operations
Social investment -
Environmental management - zero significant environmental incidents.
The Sustainability and Climate Change reports are part of the Company's annual reporting suite which is available on our website.
Contact:
Level 2 87
East Perth WA 6004
Telephone: +61 8 6218 8888
Facsimile: +61 8 6218 8880
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