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 47 is higher than 98% 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 2023, Cleveland Cliffs reported total greenhouse gas emissions of approximately 32,500,000,000 kg CO2e, with emissions from Scope 1 at about 27,900,000,000 kg CO2e and Scope 2 at approximately 4,600,000,000 kg CO2e. This reflects a commitment to reducing greenhouse gas emissions by 25% by 2030 from 2017 levels, encompassing both Scope 1 and Scope 2 emissions. The company has set a target to achieve this reduction across all operations, with ongoing tracking of progress. Cleveland Cliffs aims for long-term sustainability, aspiring to reach net zero emissions by 2050. Additionally, they have established a goal to reduce the intensity of Scope 1 and 2 emissions per metric ton of crude steel by 30% by 2035, alongside a 20% reduction in material upstream Scope 3 emissions intensity by the same year. These initiatives align with industry standards and demonstrate Cleveland Cliffs's commitment to addressing climate change and reducing its carbon footprint.
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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.
