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 51% 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, with Scope 1 emissions at about 124,118,000 kg CO2e, Scope 2 emissions at approximately 1,171,000 kg CO2e, and a significant Scope 3 contribution of about 18,300,000,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. The company has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. This long-term target is part of their broader sustainability strategy, which includes a near-term goal of reducing GHG emissions by 40% by 2030, specifically targeting Scope 1 and Scope 2 emissions. Notably, Champion Iron achieved a 36% reduction in GHG emissions annually prior to the restart of Bloom Lake Mine operations in 2018. Champion Iron's emissions data is independently reported and does not cascade from any parent organization, ensuring transparency in their sustainability efforts. The company continues to evaluate initiatives to meet its reduction targets, demonstrating a commitment to addressing climate change within 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 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,600,000.6 | - | - | - | - | 00,000,000,000 | 00,000,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Champion Iron has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
