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Fortescue

FMGL

Fortescue is a global metals and green energy company, recognised for its culture, innovation and industry-leading development of infrastructure, mining assets and green energy initiatives.

Lobbying Activity

Response to Greenhouse gas emissions savings methodology for low-carbon fuels

25 Oct 2024

A proudly Australian company with balance sheet strength, Fortescue is a global leader in large-scale, ultra-efficient and highly complex developments with a proven track record in developing and operating assets in remote and isolated locations. Fortescue has a strong focus on decarbonisation, evidenced by its industry leading target to achieve real-zero carbon emissions across our terrestrial mining operations by 2030. Fortescue are establishing a global portfolio of renewable energy, green hydrogen and derivatives, battery system and green technology projects and operations that are at the forefront of the global energy transition. Fortescue welcomes the opportunity to respond to the public consultation on the methodology to determine the greenhouse gas (GHG) emission savings of low carbon fuels. To reduce carbon emissions in critical sectors such as steel, shipping, aviation, and fertilizers, clear and rigorous standards and methods for measuring emissions are essential. Our recommendations highlight the importance of strong measurement, monitoring, and verification practices to ensure that genuinely low-carbon hydrogen contributes effectively to decarbonisation goals. Given the growing calls for technologically neutral solutions that allow competitive decarbonisation, it is critical that different pathways have similarly rigorous methodologies. Fortescue supports the principle of aligning the DAs for RFNBO and low-carbon fuels to ensure consistency of the rules. The Commission's delegated authority mandates that low-carbon hydrogen production must achieve at least a 70% reduction in greenhouse gas emissions compared to the liquid fossil fuel benchmark, allowing a maximum of 3.38 kg CO2-equivalent per kg of hydrogen. To align with the EU's binding goal of reaching climate neutrality by 2050, the threshold for defining "low-carbon" hydrogen should gradually decrease to 2 kg by 2040 and further to 1 kg by 2050.
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Meeting with Kadri Simson (Commissioner) and

13 Feb 2024 · Presentation of Fortescue's progress on renewable hydrogen projects in Norway and Brazil that they aim to supply Europe with, challenges around market creation for hydrogen & derivatives, scale up of the hydrogen market.

Meeting with Kurt Vandenberghe (Cabinet of President Ursula von der Leyen)

27 Oct 2022 · Hydrogen in Australia

Meeting with Frans Timmermans (Executive Vice-President)

20 Jun 2022 · Global hydrogen investment pipeline and RePowerEU Plan Hydrogen Accelerator. EU’s vision on future hydrogen imports.

Response to Greenhouse gas emissions savings methodology for recycled carbon fuels and renewable fuels of non-biological origin

17 Jun 2022

FFI appreciates the opportunity to provide feedback to the Delegated Act and intends to take account of the Commission's kind offer made during the stakeholder event on the Delegated Act on renewable hydrogen for participants to make pertinent submissions bilaterally at a later date, as we are still evaluating the second Delegated Act and its interaction with the first.
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Meeting with Aleksandra Tomczak (Cabinet of Executive Vice-President Frans Timmermans)

6 May 2022 · Role of hydrogen in RePowerEU Plan and the Delegated Act on Additionality

Meeting with Frans Timmermans (Executive Vice-President)

26 Apr 2022 · Role of green hydrogen in RePowerEU plans

Meeting with Frans Timmermans (Executive Vice-President) and Minderoo Foundation Limited ATF The Minderoo Foundation Trust

28 Jun 2021 · Hydrogen Policy

Meeting with Frans Timmermans (Executive Vice-President) and Minderoo Foundation Limited ATF The Minderoo Foundation Trust

31 May 2021 · Hydrogen Policy