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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-headquartered iron ores company, reported its Scope 1 emissions as 136,325,000 kg CO2e, Scope 2 emissions as 1,066,000 kg CO2e, and Scope 3 emissions as 20,711,345,000 kg CO2e for the 2026 reporting year. Looking back, in 2025, the company's Scope 1 emissions were approximately 123,928,000 kg CO2e, Scope 2 emissions were about 976,000 kg CO2e, and Scope 3 emissions were around 18,692,562,000 kg CO2e. In 2024, Champion Iron's Scope 1 emissions were approximately 125,617,000 kg CO2e, Scope 2 emissions were about 1,169,000 kg CO2e, and Scope 3 emissions totalled roughly 47,897,392,000 kg CO2e.
Champion Iron is committed to achieving carbon neutrality for Scope 1 and Scope 2 emissions by 2050. The company also aims for a 40% intensity reduction in Scope 1 and Scope 2 GHG emissions by 2030, using 2014 as a baseline. Furthermore, Champion Iron has previously achieved a 36% absolute reduction in Scope 1 and Scope 2 GHG emissions annually between 2018 and 2021.
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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