Cleveland Cliffs
Cleveland-Cliffs Inc., commonly referred to as Cliffs, is a leading player in the steel and iron ore industry, headquartered in the United States. Founded in 1847, the company has evolved significantly, marking key milestones such as its expansion into direct shipping ore and the acquisition of several mining operations across North America, particularly in the Great Lakes region. Cleveland-Cliffs primarily focuses on the production of iron ore pellets and flat-rolled steel products, catering to the automotive and construction sectors. Its unique approach to sustainability and innovation sets it apart in a competitive market. With a strong market position, Cliffs has established itself as a vital supplier in the steelmaking process, contributing to the industry's growth and resilience.
DitchCarbon Score
How does Cleveland Cliffs'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
Cleveland Cliffs's score of 34 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cleveland Cliffs's reported carbon emissions
In 2024, Cleveland Cliffs reported significant greenhouse gas (GHG) emissions, totalling approximately 26,200,000,000 kg CO2e for Scope 1 and about 3,300,000,000 kg CO2e for Scope 2 emissions, resulting in a combined total of approximately 30,200,000,000 kg CO2e (location-based). The company has set an ambitious target to reduce its combined absolute Scope 1 and Scope 2 GHG emissions by 25% by 2030, using 2017 levels as a baseline. This commitment reflects a proactive approach to climate action, with progress being regularly tracked. Cleveland Cliffs aims to achieve net zero emissions by 2050, further demonstrating its long-term commitment to sustainability. Additionally, the company has established targets to reduce GHG emissions intensity per metric ton of crude steel produced by 30% by 2035 for both Scope 1 and location-based Scope 2 emissions, as well as a 20% reduction in material upstream Scope 3 emissions intensity by the same year. The emissions data and reduction initiatives are sourced directly from Cleveland-Cliffs Inc., with no cascading from a parent organisation. This comprehensive strategy positions Cleveland Cliffs as a responsible player in the steel industry, addressing the urgent need for climate action.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| 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.
Cleveland Cliffs 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.
