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 20 is higher than 56% 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, comprising 124,118,000 kg CO2e from Scope 1, 1,171,000 kg CO2e from Scope 2, and a significant 18,287,918,000 kg CO2e from Scope 3 emissions. This marks a slight decrease from 2024, where total emissions were about 126,786,000 kg CO2e, with Scope 1 emissions at 125,617,000 kg CO2e and Scope 2 at 1,169,000 kg CO2e. Champion Iron has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. This long-term goal is part of their broader strategy to reduce greenhouse gas emissions. In the near term, they are targeting a 40% reduction in GHG emissions by 2030, relative to their 2014 baseline, for both Scope 1 and Scope 2 emissions. Historically, the company has demonstrated a commitment to reducing emissions, achieving a 36% reduction annually prior to the restart of Bloom Lake Mine operations in 2018. This reduction was realised through various measures aimed at supporting global climate goals. Champion Iron's emissions data is not cascaded from any parent organisation, indicating that their reported figures and commitments are independently sourced. The company continues to evaluate initiatives to meet its reduction targets, reflecting a proactive approach to climate responsibility in the iron and steel industry.
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.