Fortescue’s Post

"Real Zero 2040 is achievable. We have the technology, we have the capital. We have, I think, the leadership. Let's lead." Fortescue founder Andrew Forrest at the Berlin Global Dialogue last week. Demand Real Zero 2040. https://fts.cu/3zSFj47

We don’t have any more time or money to waste on carbon offsets or carbon capture and storage. At Fortescue, we'll stop burning fossil fuels in our mining operations by 2030. Our founder Dr Andrew Forrest told CNBC during Climate Week, governments and businesses need to lift their ambitions and commit to Real Zero by 2040. https://fts.cu/3TZprU5

Achieving a just transition does not mean accepting a slow transition. At the Berlin Global Dialogue, Dr Forrest laid out our roadmap for delivering Real Zero. Our plan is a practical plan. It is grounded in science and backed by a proven record of industrial delivery. By the end of the decade, Fortescue will have developed and deployed the green technologies needed to eliminate emissions. We will deliver on our target without a reliance on voluntary carbon offsets or unproven solutions like carbon capture and storage. Taking early action is both the right thing to do, and the smart thing to do. It will help drive technology availability and achieve cost reductions that enable wide-scale uptake. Ahead of COP 29, we call on national leaders and industrialists to lay out ambitious and science-based transition plans for achieving Real Zero emissions by no later than 2040. More ➡️ Fortescue.com/CTP Sustainable Markets Initiative Carolin Albrecht

Not only did we make many announcements at MINExpo this year, but our partners are answering the call to go Real Zero. Kevin MacLean, founder and Chairman of MacLean Engineering has committed his people and his business to Real Zero 2040. #demandRealZero2040

Our founder Dr Andrew Forrest with Board Directors Mark Barnaba and Dr Jean Baderschneider after launching our Climate Transition Plan at #ClimateWeekNYC. A science-based target needs an industrial delivery plan to make it real and show Real Zero by 2030. Fortescue is resolute in our commitment to a high-ambition, science-aligned pathway that delivers on our 2030 Real Zero target. Learn more ➡️ Fortescue.com/ctp

At the United Nations General Assembly SDG Media Zone our founder Dr Andrew Forrest sat down to talk with Jeremy Heimans, Co-founder & Chairman, Purpose and Melissa Fleming, UN Under-Secretary-General for Global Communications to discuss Winning the Climate Story: Communicating Hope and Solutions. Net Zero 2050 is a con. Watch 🎥 the full discussion https://lnkd.in/gjaYb2Hy

See our founder Dr Andrew Forrest talk about our Real Zero ambitions, calling out Net Zero at Climate Week, the first zero-emission vehicles we've launched this week and why the green transition is good for growth on Fox News 👇 https://lnkd.in/gzGiaxBM

It's been a massive week for us 🚀🚀🚀 We launched zero-emissions vehicles in Vegas and championed bigger ambitions at Climate Week in New York, calling out Net Zero as a mask for inaction, calling for Real Zero, zero use of fossil fuels. This interview with Andrew, our Chairman, and Richard Quest captures the energy we've been bringing to telling our story this week. We'll keep sharing a trickle of stories for the next few days.

Fossil fuel phaseout must be central to the climate plans of companies and countries. We need to see clear phase out targets and green investment roadmaps within the next round of Nationally Determined Contributions set under the Paris Agreemnt. Dr Shanta Barley joined the Global Renewables Alliance in New York to layout out how Fortescue will deliver its Real Zero target and support global decarbonisation goals. We continue to advocate for science-aligned action that matches industrial policy settings to rapidly rising climate risk.