Cleveland-Cliffs Inc., commonly referred to as Cleveland Cliffs, is a leading American producer of iron ore and steelmaking raw materials. Headquartered in the United States, the company operates primarily across the Great Lakes region, with significant mining and processing facilities dedicated to supplying the steel industry. Founded in 1847, Cleveland Cliffs has a long-standing history in the iron ore sector, evolving into a key player in North America's steel supply chain.
Specialising in the extraction and processing of iron ore, Cleveland Cliffs provides high-quality raw materials essential for steel manufacturing. Its integrated operations and focus on sustainable practices have helped establish the company as a notable leader in the industry. With a strong market position, Cleveland Cliffs continues to support the growth of the steel sector through its core products and strategic initiatives.
+31 vs industry average
Cleveland Cliffs’s score of 45 is higher than 84% 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 39% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cleveland Cliffs's reported carbon emissions
Cleveland-Cliffs, a US-based iron ore industry leader, reported substantial greenhouse gas (GHG) emissions for its global operations. In 2025, the company's Scope 1 emissions were approximately 29.4 billion kg CO2e, and Scope 2 emissions were about 3 billion kg CO2e (market-based). For 2024, Scope 1 emissions stood at approximately 30.3 billion kg CO2e, with Scope 2 emissions around 3.4 billion kg CO2e (market-based). In 2023, Scope 1 emissions were approximately 31.9 billion kg CO2e, and Scope 2 emissions were about 4 billion kg CO2e (market-based).
Cleveland-Cliffs has established ambitious climate commitments, including a pledge to reduce its combined absolute Scope 1 and Scope 2 GHG emissions by 25% by 2030, using 2017 as the baseline year. Furthermore, the company aims for net-zero emissions by 2050. Additionally, there is a long-term target to reduce Scope 1 and Scope 2 GHG emissions intensity per metric ton of crude steel by 30% by 2035. They also target a 20% reduction in material upstream Scope 3 GHG emissions intensity per metric ton of crude steel by the same year. Cleveland-Cliffs actively tracks and measures its progress towards these goals.
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Cleveland Cliffs’s Climate Goals (2030 & 2050)
8 goals2030
25% reduction in Scope 2
Cleveland-Cliffs regularly tracks our progress against our goal of 25% reduction of combined absolute Scope 1 and 2 GHG emissions by 2030 fr…
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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Cleveland Cliffs
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