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Cleveland-Cliffs Inc., commonly referred to as Cleveland Cliffs, is a leading American producer of iron ore and steelmaking raw materials. Headquartered in the United States, the company operates primarily across the Great Lakes region, with significant mining and processing facilities dedicated to supplying the steel industry. Founded in 1847, Cleveland Cliffs has a long-standing history in the iron ore sector, evolving into a key player in North America's steel supply chain.
Specialising in the extraction and processing of iron ore, Cleveland Cliffs provides high-quality raw materials essential for steel manufacturing. Its integrated operations and focus on sustainable practices have helped establish the company as a notable leader in the industry. With a strong market position, Cleveland Cliffs continues to support the growth of the steel sector through its core products and strategic initiatives.
+30 vs industry average
Cleveland Cliffs’s score of 45 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iron Ores is among the most carbon-intensive industries
The Iron Ores industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Cleveland Cliffs reported its latest Scope 1 emissions as 29,400,000,000 kg CO2e in 2025. In the same year, its Scope 2 emissions were 3,000,000,000 kg CO2e (market-based) and 3,500,000,000 kg CO2e (location-based).
The company has set a near-term absolute target to reduce its combined Scope 1 and Scope 2 greenhouse gas emissions by 25% by 2030, using 2017 as the baseline year. Additionally, Cleveland Cliffs has a long-term aspiration to achieve net-zero emissions by 2050 for Scope 1 and Scope 2. The company also aims to reduce Scope 1 and 2 GHG emissions intensity per metric tonne of crude steel by 30% by 2035, and material upstream Scope 3 GHG emissions intensity per metric tonne of crude steel by 20% by 2035.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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