'That’s where the fun starts': Fortescue exec sheds light on miner's high-stakes green gamble
Fortescue's decarbonisation boss has provided a rare glimpse into the challenges the $60 billion miner faces as it seeks to cut its emissions to zero.
It's no secret that the man in charge of turning the world's fourth largest iron ore miner green, Christiaan Heyning, has his work cut out for him.
Fortescue emits 2.4 million tonnes of carbon annually but has set the ambitious goal of reducing its direct and indirect carbon emissions to zero by the decade's end without using any offsets. And it is taking some unconventional steps to achieve it
“We’re taking the technology that is developed in Formula E [the electric vehicle version of F1] and bringing it to mining size equipment.. that’s where the fun starts,” Heyning, Fortescue's director of decarbonisation, told the IMAARC mining conference in Sydney this week.
Fortescue founder Andrew 'Twiggy' Forrest has become one of the most vocal climate activists in corporate Australia, making ambitious emission targets and large scale investments in green energy, delivering lectures on the global stage and urging companies and politicians to do more.
