Fortescue Ltd 2024 AR2
The report highlights Fortescue's strong operational and financial performance in FY24, shipping 191.6 million tonnes of iron ore and achieving an underlying net profit after tax of US$5.7 billion. The company made significant progress toward its Real Zero 2030 target, reducing forecast emissions by 10 per cent and commissioning Australia's largest gaseous and liquid hydrogen plant at Christmas Creek. Additionally, Fortescue reached Final Investment Decisions on its first green hydrogen projects, Arizona Hydrogen in the US and Gladstone PEM50 in Australia, while officially opening its 2GW electrolyser manufacturing facility in Queensland.
Company: Fortescue Ltd
Sector: Materials
Country: Australia
Year: 2024
Type: AR2
Pages: 240
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Fortescue Ltd
Annual Report
The report highlights Fortescue's strong operational and financial performance in FY24, shipping 191.6 million tonnes of iron ore and achieving an underlying net profit after tax of US$5.7 billion. The company made significant progress toward its Real Zero 2030 target, reducing forecast emissions by 10 per cent and commissioning Australia's largest gaseous and liquid hydrogen plant at Christmas Creek. Additionally, Fortescue reached Final Investment Decisions on its first green hydrogen projects, Arizona Hydrogen in the US and Gladstone PEM50 in Australia, while officially opening its 2GW electrolyser manufacturing facility in Queensland.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women in Management
Workplace Fatalities
Net Zero Target
Employees