Fortescue Metals Group is pursuing an ambitious goal to achieve 'real zero' emissions by 2030, distinct from simply reaching 'net zero,' signaling a commitment to genuine emissions reductions rather than relying on carbon offsets. The company, led by Chairman Andrew Forrest, plans to eliminate all Scope 1 and 2 emissions from its iron ore mining operations through a comprehensive strategy involving the transition to renewable energy sources, electrification of its mining fleet, investments in green hydrogen, and innovative technologies. If successful, Fortescue could generate significant financial rewards, estimated between $50 million to $150 million annually, by selling carbon credits under Australia's Safeguard Mechanism Credits program. This program aims to incentivize businesses to surpass mandated emissions reduction targets, creating a market-based approach toward climate action. Despite facing challenges and setbacks in its decarbonization journey, Fortescue remains steadfast in its commitment to reducing emissions at the source and avoiding reliance on carbon capture technologies or carbon offsets. The company's proactive stance towards achieving 'real zero' emissions sets it apart from competitors in the mining industry, showcasing a high level of ambition that could potentially reshape industry standards and pave the way for sustainable practices.