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 40 is higher than 85% 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 (market-based). The combined total for Scope 1 and 2 emissions reached approximately 30,200,000,000 kg CO2e. This represents a slight decrease from 2023, where emissions were approximately 27,900,000,000 kg CO2e for Scope 1 and about 3,900,000,000 kg CO2e for Scope 2, leading to a total of around 32,500,000,000 kg CO2e. Cleveland Cliffs has committed to reducing its GHG emissions by 25% by 2030 from 2017 levels, encompassing both Scope 1 (direct emissions) and Scope 2 (indirect emissions from purchased electricity). This target is actively tracked and reported, with progress being monitored to ensure alignment with their sustainability goals. Additionally, the company aims to achieve net zero emissions by 2050. In terms of emissions intensity, Cleveland Cliffs reported a GHG emissions intensity of approximately 1,940 kg CO2e per metric ton of crude cast steel for 2024, which is an increase from 1,890 kg CO2e per metric ton in 2023. The company has set a long-term target to reduce the intensity of Scope 1 and 2 GHG emissions per metric ton of crude steel by 30% by 2035. Overall, Cleveland Cliffs is actively working towards significant emissions reductions while maintaining transparency in its climate commitments and progress tracking.
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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.
