Cleveland Cliffs Sustainability Profile
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 40 is higher than 82% 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, with total Scope 1 emissions amounting to approximately 26,200,000,000 kg CO2e and Scope 2 emissions at about 3,300,000,000 kg CO2e (market-based) and 4,000,000,000 kg CO2e (location-based). The combined total for Scope 1 and 2 emissions reached approximately 30,200,000,000 kg CO2e. The company has set an ambitious target to reduce its combined absolute Scope 1 and 2 GHG emissions by 25% by 2030, using 2017 levels as a baseline. This commitment reflects Cleveland Cliffs' proactive approach to addressing climate change and aligns with industry standards for sustainability. Cleveland Cliffs aims to achieve net zero emissions by 2050, further demonstrating its long-term commitment to environmental stewardship. Additionally, the company has established interim targets to reduce GHG emissions intensity per metric ton of crude steel produced by 30% by 2035, encompassing both Scope 1 and 2 emissions. For upstream Scope 3 emissions, a target to reduce material emissions intensity by 20% by 2035 has also been set. Overall, Cleveland Cliffs is actively tracking its progress towards these goals, showcasing a robust framework for climate action within the steel industry.
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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 | - | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Cleveland Cliffs's Industry?
How Carbon Intensive is Cleveland Cliffs's Location?
Cleveland Cliffs's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cleveland Cliffs has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
