Champion Iron Limited, commonly referred to as Champion Iron, is a prominent player in the iron ore industry, headquartered in Australia. Established in 2012, the company has rapidly developed a strong presence in the mining sector, particularly in the Labrador Trough region of Canada, where it operates significant iron ore projects. Champion Iron focuses on the exploration, development, and production of high-grade iron ore concentrate, setting itself apart with its commitment to sustainable mining practices and innovative technologies. The company’s flagship asset, the Bloom Lake Mine, has achieved notable milestones, including a successful restart and expansion, positioning Champion Iron as a key supplier in the global iron ore market. With a robust market position and a dedication to operational excellence, Champion Iron continues to drive growth and contribute to the evolving landscape of the iron ore industry.
How does Champion Iron's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Iron Ores industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Champion Iron's score of 25 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2025, Champion Iron reported total carbon emissions of approximately 125,289,000 kg CO2e, with Scope 1 emissions at about 124,118,000 kg CO2e, Scope 2 emissions at around 1,171,000 kg CO2e, and a significant Scope 3 contribution of approximately 18,287,918,000 kg CO2e. This marks a slight decrease from 2024, where total emissions were about 126,786,000 kg CO2e, with Scope 1 at approximately 125,617,000 kg CO2e and Scope 2 at about 1,169,000 kg CO2e. Champion Iron has set ambitious climate commitments, aiming for carbon neutrality by 2050. This long-term goal encompasses both Scope 1 and Scope 2 emissions. In the near term, the company is targeting a 40% reduction in GHG emissions by 2030, relative to its 2014 baseline, which reflects ongoing evaluations of initiatives to meet this target. Historically, Champion Iron has demonstrated a commitment to reducing its carbon footprint, achieving a 36% reduction in GHG emissions annually prior to the restart of Bloom Lake Mine operations in 2018. The company continues to focus on sustainability within the iron and steel industry, striving to lower its emissions intensity per tonne of iron concentrate produced.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
---|---|---|---|---|---|---|---|
Scope 1 | 65,769,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | - | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Champion Iron is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.