Fortescue Metals Group LtdFortescue Metals Group Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Iron & Steel

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Fortescue Metals Group Ltd in the Iron & Steel industry gained a UN SDG ESG Transparency Score of 6.3; made up of an environmental score of 8.0, social score of 6.2 and governance score of 4.6.

SDG Transparency Score for Fortescue Metals Group Ltd 
Low
0 - 3

6.3

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Fortescue Metals Group Ltd 
8.0

Environmental

6.2

Social

4.6

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Century Global Commodities Corp
8.0
High
1Champion Iron Mines Ltd
8.0
High
151Rajratan Global Wire Ltd
6.4
High
151Steel Cast Ltd
6.4
High
158Fortescue Metals Group Ltd
6.3
High
158Acerinox SA
6.3
High
158Mukand Ltd
6.3
High
.........
560Zimpa ad Ub
0.0
Low
560Zinco Do Brasil Inc
0.0
Low
.........
View the full peer group of 1111 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Fortescue Metals Group Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does Fortescue Metals Group Ltd disclose current and historical energy intensity?

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Does Fortescue Metals Group Ltd reference operational or capital allocation in relation to climate change?

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Does Fortescue Metals Group Ltd disclose its ethnicity pay gap?

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Does Fortescue Metals Group Ltd disclose cybersecurity risks?

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Does Fortescue Metals Group Ltd offer flexible work?

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Does Fortescue Metals Group Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Fortescue Metals Group Ltd disclose the number of employees in R&D functions?

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Does Fortescue Metals Group Ltd conduct supply chain audits?

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Does Fortescue Metals Group Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Fortescue Metals Group Ltd conduct 360 degree staff reviews?

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Does Fortescue Metals Group Ltd disclose the individual responsible for D&I?

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Does Fortescue Metals Group Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Fortescue Metals Group Ltd disclose current and / or historical scope 2 emissions?

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Does Fortescue Metals Group Ltd disclose water use targets?

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Did Fortescue Metals Group Ltd have a product recall in the last two years?

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Does Fortescue Metals Group Ltd disclose incidents of discrimination?

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Does Fortescue Metals Group Ltd allow for Work Councils/Collective Agreements to be formed?

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Has Fortescue Metals Group Ltd issued a profit warning in the past 24 months?

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Does Fortescue Metals Group Ltd disclose parental leave metrics?

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Does Fortescue Metals Group Ltd disclose climate scenario or pathway analysis?

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Does Fortescue Metals Group Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Fortescue Metals Group Ltd disclose the pay ratio of women to men?

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Does Fortescue Metals Group Ltd support suppliers with sustainability related research and development?

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Does Fortescue Metals Group Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Fortescue Metals Group Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Fortescue Metals Group Ltd involved in embryonic stem cell research?

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Does Fortescue Metals Group Ltd disclose GHG and Air Emissions intensity?

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Does Fortescue Metals Group Ltd report according to TCFD requirements?

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Does Fortescue Metals Group Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Fortescue Metals Group Ltd disclose energy use targets?

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Does Fortescue Metals Group Ltd disclose its Renewable Energy targets?

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Potential Risks for Fortescue Metals Group Ltd
These potential risks are based on the size, segment and geographies of the company.

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador, Argentina, Colombia, Peru, Chile, and Brazil, as well as Portugal and Kazakhstan. Further, it provides port towage services. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.

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