Cleveland Cliffs

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.