Cleveland-Cliffs Inc

Common Name
Cleveland-Cliffs
Country
United States
Sector
Basic Materials
Industry
Steel
Employees
30,000
Ticker
CLF
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Cleveland-Cliffs Inc. is a leading integrated producer of flat-rolled steel products in North America. The company operates through a robust supply chain that spans a wide range of steel manufacturing...

Cleveland-Cliffs's Climate Target Data Preview

As of 2024, Cleveland-Cliffs has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Cleveland-Cliffs ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2035
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2035
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Verified Sources Behind Cleveland-Cliffs’s Climate Targets Data

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a. Cleveland-Cliffs's Sustainability Report 2024
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Insights into Cleveland-Cliffs's Greenhouse Gas Emissions Pathways

As of 2024, Cleveland-Cliffs has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

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