Fortescue Metals Group Ltd

Metals & Mining

Company Summary

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.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

24.6
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
0100E12.7S7.8G4.5

Refinitiv

Overall ESG Rating :

78
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E76S87G66

Overall ESG Rating :

AA
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

Fortescue is a leader among 31 companies in the steel industry.

Temperature Rise :

3.2℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned