New Fortress Energy Inc..
NFE.US | Electric power generation, transmission and distribution
New Fortress Energy Inc. is a global energy infrastructure company founded in 2014. The company focuses on providing access to cleaner, affordable energy solutions, primarily through liquefied natural gas (LNG) and related infrastructure. New Fortress Energy develops, owns, and operates natural gas ...Show More
Better Health for All
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No evidence available to assess New Fortress Energy Inc. on Better Health for All.
Fair Money & Economic Opportunity
0
New Fortress Energy Inc. is an energy infrastructure company, not a financial institution.
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The provided articles do not contain any evidence that the company offers lending, deposit, or other financial services to consumers.
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Therefore, all KPIs related to fair money and economic opportunity, which are designed for financial institutions, are not applicable to the company's operations.
Fair Pay & Worker Respect
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No evidence available to assess New Fortress Energy Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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The provided articles do not contain specific, quantitative data points for any of the requested KPIs related to Fair Trade & Ethical Sourcing, including fair trade certification share, audit frequency, forced or child labour incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
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Therefore, no assessment can be made against these metrics based on the evidence provided.
Honest & Fair Business
-20
New Fortress Energy Inc. had one financial restatement in the past five years, identified in connection with interim unaudited financial statements for the interim period ended March 31, 2025.
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This was due to a material weakness in internal control over financial reporting, which required an amendment to its annual report filing.
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The company also received a Nasdaq Notice of non-compliance on May 27, 2025, for failing to file its Form 10-Q for the period ended March 31, 2025.
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Additionally, a securities fraud class action lawsuit was filed, alleging false and misleading statements regarding projected revenue, growth, and the operational status of FLNG projects; this case is ongoing.
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Kind to Animals
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No specific, concrete data points relevant to the 'Kind to Animals' ethical value were found in the provided articles. The articles focus on New Fortress Energy's energy projects, investments, and general community initiatives, without mentioning animal welfare, cruelty-free practices, animal testing, or habitat conservation with measurable biodiversity impact.
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No War, No Weapons
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No evidence available to assess New Fortress Energy Inc. on No War, No Weapons.
Planet-Friendly Business
-70
In 2023, New Fortress Energy's total Scope 1, 2, and 3 greenhouse gas emissions were 5,505,845.9 tCO2e, with Scope 1 at 947,242.9 tCO2e, Scope 2 at 23,363 tCO2e, and Scope 3 at 4,535,240 tCO2e.
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The company reported only 1 out of 15 Scope 3 categories.
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The total carbon footprint increased by 17.89% compared to 2022.
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The company has a stated vision to reach zero net carbon emissions but no specific target year is provided.
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The Transition Pathway Initiative assessed the company's Carbon Performance at Level 0, indicating it is unaware of climate change as a business issue, and its Management Quality at Level 3.
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New Fortress Energy achieved carbon neutrality for 2022 by offsetting its emissions and purchased high-quality removal credits for Scope 1 emissions.
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The company also purchased Renewable Energy Certificates (RECs) for Scope 2 emissions.
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Between October 2022 and July 2025, the New Fortress Energy LNG terminal was in noncompliance with the Clean Air Act for at least one quarter, and with the Clean Water Act for at least two quarters between April 2022 and July 2025, involving illegal emissions of pollutants or failure to submit monitoring reports.
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The company has not disclosed TCFD alignment or climate scenario analysis.
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Respect for Cultures & Communities
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The provided articles do not contain specific, quantifiable data points for New Fortress Energy Inc. (NFE.US) relevant to any of the 'Respect for Cultures & Communities' KPIs. One article was inaccessible due to throttling.
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The other article discusses general trends in lawsuits against companies in the renewable energy value chain, including allegations of human rights violations and lack of consultation, but does not attribute any specific incidents or performance metrics directly to NFE.US.
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Safe & Smart Tech
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No evidence available to assess New Fortress Energy Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
-20
The company achieved zero reportable spills to the environment for the sixth consecutive year.
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Additionally, no waste disposal violations, fines, or compliance issues were mentioned in any of the provided reports for the past three years.
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