Public Profile

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.

25

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.

3

Industry Benchmark

Cleveland Cliffs'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.

75%

Cleveland Cliffs's reported carbon emissions

In 2023, Cleveland Cliffs reported total carbon emissions of approximately 3,005,508,000 kg CO2e, which includes 2,105,053,000 kg CO2e from Scope 1 and 100,455,000 kg CO2e from Scope 2 emissions. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, Cleveland Cliffs has experienced fluctuations in emissions, with a notable reduction from approximately 44,100,000,000 kg CO2e in 2017 to about 32,500,000,000 kg CO2e in 2023. This indicates a general trend towards lower emissions, reflecting the company's efforts to improve operational efficiency and sustainability practices. Cleveland Cliffs operates within the steel industry, which is known for its significant carbon emissions. The company is likely to face increasing pressure to enhance its climate commitments and align with global sustainability goals. As of now, no specific climate pledges or science-based targets have been established, but the ongoing monitoring of emissions suggests a potential pathway for future commitments.

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201520162017201820192020202120222023
Scope 1
-
-
00,000,000,000
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
-
0,000,000,000
-
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cleveland Cliffs's primary industry is Iron ores, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Cleveland Cliffs is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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