Cleveland Cliffs
Cleveland-Cliffs Inc., commonly referred to as Cliffs, is a leading player in the steel and iron ore industry, headquartered in the United States. Founded in 1847, the company has evolved significantly, marking key milestones such as its expansion into direct shipping ore and the acquisition of several mining operations across North America, particularly in the Great Lakes region. Cleveland-Cliffs primarily focuses on the production of iron ore pellets and flat-rolled steel products, catering to the automotive and construction sectors. Its unique approach to sustainability and innovation sets it apart in a competitive market. With a strong market position, Cliffs has established itself as a vital supplier in the steelmaking process, contributing to the industry's growth and resilience.
DitchCarbon Score
How does Cleveland Cliffs'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.
Industry Average
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.
Industry Benchmark
Cleveland Cliffs's score of 40 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cleveland Cliffs's reported carbon emissions
In 2024, Cleveland Cliffs reported total greenhouse gas (GHG) emissions of approximately 29,200,000,000 kg CO2e, comprising 26,200,000,000 kg CO2e from Scope 1 and about 3,300,000,000 kg CO2e from Scope 2 emissions. The previous year, 2023, saw total emissions of about 32,500,000,000 kg CO2e, with Scope 1 emissions at 27,900,000,000 kg CO2e and Scope 2 emissions at approximately 3,900,000,000 kg CO2e. Cleveland Cliffs has set an ambitious target to reduce its combined absolute Scope 1 and 2 GHG emissions by 25% by 2030, using 2017 levels as a baseline. This commitment is actively tracked and reported, demonstrating the company's dedication to sustainability. Additionally, they aim to achieve net zero emissions by 2050, further solidifying their long-term climate strategy. The company has also established a target to reduce GHG emissions intensity per metric ton of crude steel produced by 30% by 2035, which encompasses both Scope 1 and location-based Scope 2 emissions. Furthermore, they plan to reduce material upstream Scope 3 GHG emissions intensity by 20% by 2035. Cleveland Cliffs's emissions data is sourced directly from Cleveland-Cliffs Inc., with no cascaded data from parent or related organizations. The company is committed to transparency and accountability in its climate commitments, aligning with industry standards for emissions reporting and reduction initiatives.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Cleveland Cliffs 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.
