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 47 is higher than 98% 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 total greenhouse gas (GHG) emissions of approximately 26,200,000,000 kg CO2e for Scope 1 and about 3,300,000,000 kg CO2e for Scope 2, resulting in a combined total of around 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 a significant reduction in its carbon footprint, aiming for a 25% reduction in combined absolute Scope 1 and Scope 2 GHG emissions by 2030, using 2017 levels as a baseline. This target reflects the company's proactive approach to sustainability within the iron and steel industry. Additionally, they have set a long-term goal to achieve net zero emissions by 2050, aligning with global climate initiatives. The company also aims to reduce GHG emissions intensity per metric ton of crude steel by 30% by 2035, further demonstrating its commitment to sustainable practices. Cleveland Cliffs is actively participating in initiatives to develop a Steel Sectoral Decarbonization Approach, which aims for near-zero GHG emissions in line with the Paris Agreement.
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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.
