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 GHG Emissions Data Preview

In 2023, Cleveland-Cliffs completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), and Scope 2 (indirect emissions from purchased energy).

However, Cleveland-Cliffs has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Cleveland-Cliffs's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Cleveland-Cliffs amounted to 32,500,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Cleveland-Cliffs increased by 8.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Cleveland-Cliffs's Scope 1 Emissions Over Time

202020212022202307.5 M15 M22.5 M30 MtCO2e+6%-13%+10%
  • Total Scope 1
  • Year-over-Year Change

What are Cleveland-Cliffs's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cleveland-Cliffs were 27,900,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Cleveland-Cliffs reduced its Scope 1 emissions over time?

Since 2020, Cleveland-Cliffs's Scope 1 emissions have increased by 1.45%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Cleveland-Cliffs's Scope 1 emissions increased by 9.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Cleveland-Cliffs's Scope 2 emissions?

In 2023, Cleveland-Cliffs reported Scope 2 greenhouse gas (GHG) emissions of 3,900,000 tCOâ‚‚e using the market-based method, and 4,600,000 tCOâ‚‚e using the location-based method.

Has Cleveland-Cliffs reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Cleveland-Cliffs's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cleveland-Cliffs 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Cleveland-Cliffs use for Scope 2 reporting?

In 2023, Cleveland-Cliffs reported its Scope 2 emissions using the market-based method and using the location-based method.

Cleveland-Cliffs's Scope 2 Emissions Over Time

202020212022202301.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)