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.
+10 vs industry average
Champion Iron’s score of 24 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron Ores is among the most carbon-intensive industries
Industry performance
The Iron Ores industry has reduced its overall emissions by 65% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Champion Iron's reported carbon emissions
In 2025, Champion Iron reported total carbon emissions of approximately 125.3 million kg CO2e, comprising about 124.1 million kg CO2e from Scope 1 and about 1.2 million kg CO2e from Scope 2. Additionally, their Scope 3 emissions were significant, amounting to approximately 18.3 billion kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. Champion Iron has set ambitious climate commitments, aiming for carbon neutrality by 2050. This long-term target encompasses both Scope 1 and Scope 2 emissions, with a roadmap outlined in their sustainability reports. In the near term, the company is working towards a 40% reduction in greenhouse gas emissions by 2030, relative to their 2014 baseline. Historically, Champion Iron has demonstrated a commitment to reducing emissions, achieving a 36% reduction annually prior to the restart of Bloom Lake Mine operations in 2018. This achievement underscores their proactive stance on climate action and sustainability within the iron and steel industry. Overall, Champion Iron's emissions data and climate commitments reflect a robust strategy aimed at mitigating their environmental impact while contributing to global climate goals.
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Champion Iron’s Climate Goals (2030 & 2050)
6 goals2050
Our roadmap to be carbon neutral by 2050 is illustrated in t…
Our roadmap to be carbon neutral by 2050 is illustrated in the graphic at page 61.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Champion Iron
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