Champion Iron
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.
DitchCarbon Score
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.
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
Champion Iron's score of 16 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Champion Iron's reported carbon emissions
In 2023, Champion Iron reported total carbon emissions of approximately 39,182,000 kg CO2e from Scope 1 and 284,000 kg CO2e from Scope 2. This marked a significant reduction from previous years, particularly from 2022, where total emissions were about 97,943,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, with emissions intensity per tonne of iron concentrate produced reported at 12,800 kg CO2e in 2023. In 2024, Champion Iron's emissions are projected to increase to approximately 126,617,000 kg CO2e for Scope 1 and 1,169,000 kg CO2e for Scope 2. Despite this increase, the company has not disclosed specific reduction targets or initiatives aimed at further decreasing emissions. Champion Iron's emissions data reflects its ongoing efforts to address climate change within the iron and steel industry, although specific reduction commitments or science-based targets have not been established. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 64,769,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 440,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 36,265,000 | - | - | - | - | - |
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.
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.
