Cleveland Cliffs

Cleveland Cliffs's reported carbon emissions

Cleveland-Cliffs, headquartered in the US, has made a commitment to reduce its greenhouse gas (GHG) emissions. The company aims to achieve a 25% reduction in combined absolute Scope 1 and Scope 2 GHG emissions by 2030, using 2017 as the baseline year. They are actively tracking and measuring progress against this target. For the reporting year 2025, Cleveland-Cliffs reported Scope 1 emissions of approximately 29.4 billion kg CO2e and Scope 2 emissions (market-based) of approximately 3 billion kg CO2e. This is a decrease from 2024, when Scope 1 emissions were approximately 30.3 billion kg CO2e and Scope 2 emissions were approximately 3.4 billion kg CO2e. In 2023, Scope 1 emissions were approximately 31.9 billion kg CO2e, with Scope 2 emissions at approximately 4 billion kg CO2e. The company also has a long-term ambition to achieve net-zero emissions by 2050. Furthermore, Cleveland-Cliffs has set a target to reduce Scope 1 and Scope 2 GHG emissions intensity per metric ton of crude steel by 30% by 2035, and to reduce material upstream Scope 3 GHG emissions intensity by 20% by the same year. It is important to note that Scope 3 emissions data is not currently available for Cleveland-Cliffs, with a missing data point identified for "purchased goods and services".