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Fortescue Reinforces Commitment to Combat Modern Slavery with FY25 Statement

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Fortescue Reinforces Commitment to Combat Modern Slavery with FY25 Statement

TipRanks Cyber Monday Sale

An announcement from Fortescue Metals Group Ltd ( (AU:FMG) ) is now available.

Fortescue Metals Group Ltd has released its FY25 Modern Slavery Statement, highlighting its ongoing efforts to combat modern slavery and enhance human rights practices across its operations and supply chain. The statement, which complies with both Australian and UK legislation, outlines key actions such as the launch of a new Sustainable Supply Chain Standard, enhanced due diligence procedures, and ethical recruitment initiatives. These efforts underscore Fortescue’s commitment to transparency and proactive measures in addressing modern slavery risks, particularly in high-risk areas like renewable technologies, ensuring that growth and the transition to green energy do not compromise human rights.

The most recent analyst rating on (AU:FMG) stock is a Sell with a A$19.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.

More about Fortescue Metals Group Ltd

Fortescue Metals Group Ltd is a leading player in the mining industry, primarily focused on the production and export of iron ore. The company is committed to sustainable practices and operates with a strong emphasis on transparency and accountability within its supply chain.

Average Trading Volume: 6,486,666

Technical Sentiment Signal: Buy

Current Market Cap: A$68.04B

Find detailed analytics on FMG stock on TipRanks’ Stock Analysis page.

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