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Champion Iron Limited, commonly referred to as Champion Iron, is a prominent player in the iron ore industry headquartered in Australia. Established in 2010, the company has quickly gained recognition for its focus on high-quality iron ore production, primarily serving global steel markets. Its key operations are centred in the mineral-rich regions of Quebec, Canada, where it operates the Bloom Lake mine, among others.
Specialising in the extraction and processing of iron ore, Champion Iron distinguishes itself through its commitment to sustainable practices and efficient resource management. The company’s strategic position within the industry has seen it achieve notable milestones, including expanding its production capacity and strengthening its market presence. As a significant contributor to the iron ore sector, Champion Iron continues to build its reputation for reliable supply and operational excellence.
+20 vs industry average
Champion Iron’s score of 36 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iron Ores is among the most carbon-intensive industries
The Iron Ores industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Champion Iron, an Australian iron ores company, reported its 2026 global carbon emissions as approximately 20.85 billion kg CO2e. This includes Scope 1 emissions of about 136.33 million kg CO2e, Scope 2 emissions of about 1.07 million kg CO2e, and Scope 3 emissions of roughly 20.71 billion kg CO2e.
Looking back, in 2025, the company's global emissions were approximately 18.82 billion kg CO2e, comprising around 123.93 million kg CO2e for Scope 1, 0.98 million kg CO2e for Scope 2, and 18.69 billion kg CO2e for Scope 3. In 2024, Champion Iron's Scope 1 emissions were approximately 125.62 million kg CO2e, and Scope 2 emissions were about 1.17 million kg CO2e.
Champion Iron has set several climate commitments. The company aims for carbon neutrality in its Scope 1 and Scope 2 emissions by 2050. Additionally, Champion Iron is evaluating initiatives to meet a near-term intensity reduction target of 40% for both Scope 1 and Scope 2 emissions by 2030, using 2014 as the base year. The company also previously achieved a 36% annual reduction in Scope 1 and Scope 2 GHG emissions between 2018 and 2021, prior to restarting Bloom Lake Mine operations in 2018.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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