Your & FMGs hypocrisy is astounding.
Meanwhile FMG today dumped 5,480T of carbon emission gasses (scope 1 & 2) into the WA atmosphere.
Meanwhile china today dumped 674,000T of carbon emission gasses into the atmosphere from FMG IO stock its smelting called scope 3 emissions caused by FMG iron ore refining at chinese steel mills.
CUB is correct,
if AF FMG were serious about climate change they would support nuclear & EV battery energy & stop all IO exports & refine the IO cleaner in Oz green mills and not in dirty China steel mills
NOT GONNA HAPPEN.
Ive been calling for 6 years on here for FMG to build a steel mill/refinery at PH with NO INTEREST from FMG management.
FMG is one of the worst carbon emission polluters in Australia & globally and talking hot air by burning cash on decarbonisation plans & designs for decades to come wont change that much at all.
A 20 year plan is nice sounding PR only but not a solution for today.
FMG is NOT listed in ethical or green ETFs anywhere
You are actually investing in mass scale global carbon pollution (scope 1 2 & 3) by investing in FMG.
https://ww w . a b c . n e t . a u / n e w s/2021-10-05/fortescue-metals-to-eradicate...
"FMG pledges to eradicate customer emissions by 2040 - ABC News
According to the Clean Energy Regulator, Fortescue’s scope 1 and 2 emissions were 2.2 million tonnes in the 2019-20 financial year. By comparison, FMG estimated its scope 3 emissions in the 12 months to June 30 amounted to 252 million tonnes, of which 246 million tonnes was attributable to steelmaking. In a statement today to the Australian Stock Exchange.."
- Eliminating Customer Emissions A Much Bigger Undertaking
- Scope 3 Target Wins Praise
- 'Resources to Do Things'
- Forums
- ASX - By Stock
- FMG
- Ann: CFO Update
Ann: CFO Update, page-98
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