Yes, Fortescue Metals Group (FMG) has indeed shifted its climate goals from achieving net zero by 2050 to aiming for “real zero” by 20401. This change reflects FMG’s commitment to more aggressive decarbonization efforts. The company plans to eliminate fossil fuel use across its Australian iron ore operations by the end of this decade1.This ambitious target includes significant reductions in Scope 1 and 2 emissions by 2030 and addressing Scope 3 emissions, particularly from steelmaking, by 20402. FMG’s Executive Chairman, Andrew Forrest, has emphasized the need for immediate and decisive action to combat climate change1
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