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 7 is lower than 89% 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 2024, Champion Iron reported a greenhouse gas (GHG) emissions intensity of approximately 8,950 kg CO2e per tonne of iron concentrate produced. This represents a significant reduction from 2023, where the emissions intensity was about 12,800 kg CO2e per tonne. The company has demonstrated a commitment to reducing its carbon footprint, particularly in Scope 1 and Scope 2 emissions, with a long-term goal of achieving carbon neutrality by 2050. This roadmap includes specific targets for both scopes, initiated in 2023. In 2022, Champion Iron's total emissions were approximately 97,943,000 kg CO2e, with Scope 1 emissions accounting for the majority at about 97,281,000 kg CO2e. The company has been actively working to lower its emissions intensity, which was about 9,800 kg CO2e per tonne of iron concentrate produced in 2022, down from approximately 10,600 kg CO2e in 2021 and 7,300 kg CO2e in 2020. Champion Iron's commitment to sustainability is reflected in its strategic initiatives aimed at reducing emissions and enhancing operational efficiency, aligning with industry standards for climate action. The company is on track to implement its carbon neutrality strategy, which underscores its dedication to environmental stewardship in the iron and steel sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 440,000 | - | - | - |
| Scope 3 | - | - | - | - |
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.
