Sustainability

Steel for a Sustainable Society

Our Sustainability Report for 2024

The Cleveland-Cliffs Sustainability Report 2024 covers information and data for calendar year 2024, unless otherwise noted. This report is structured around five sustainability priorities that we believe are important tenets of our Company identity, and we take regular action to demonstrate progress on these tenets.

Steel for a Sustainable Society
Commitment to the Environment
Empowering People
Connecting with Communities
Acting with Integrity

Report content and disclosures are aligned to the relevant GRI and SASB Standards for the iron and steel sector, and we obtained external limited assurance of our consolidated Scope 1 and 2 GHG emissions data. We welcome your sending questions and feedback about this report to sustainability@clevelandcliffs.com.

Download Sustainability Report 2024

Archived sustainability reports are available here.

Material Sustainability Topics

Our leadership and internal subject matter experts from cross-functional departments determined material sustainability topics to include in our annual sustainability report. Identified topics were deemed material if they had an impact on Cliffs, its key stakeholders and the industry at large. These topics were also aligned to globally accepted, voluntary sustainability reporting frameworks such as the Global Reporting Initiative and the Sustainability Accounting Standards Board.

List of Material Topics: Environmental Management; Climate & GHG Emissions; Air Quality; Energy; Water; Waste; Land & Biodiversity; Health & Safety; Talent Management; Labor Relations; Community Engagement; Charitable Giving & Strategic Partnerships; Corporate Governance; Ethics & Compliance; Public Policy; and Value Chain Engagement.

Cleveland-Cliffs TCFD Report

The Task Force for Climate-related Financial Disclosures (TCFD) provides recommendations for companies to report on their climate-related governance, strategy, risk management, and metrics and targets. Cleveland-Cliffs is pleased to share our TCFD Report on our website.

Download TCFD Report

Commitment to Reduce Greenhouse Gas Emissions

Steel for a Sustainable Society

Reducing Our Carbon Footprint

We already achieved our 2030 emissions intensity goal established in 2021 to reduce our Scope 1 and 2 GHG emissions intensity by 25%, well ahead of schedule. In May, 2024 we set new GHG emissions reductions targets and laid the groundwork for our future decarbonization initiatives that are practical, impactful and add value to our business strategy. Our integrated steel mill average is 27% lower than the global average.

We seek GHG emissions by prioritizing efficient operations and actionable, commercially viable technologies and solutions. We have dedicated resources for research and development of decarbonization technologies. In addition, we’re working with commercial and academic partners on projects to evaluate energy efficiency, industrial electrification, carbon capture utilization and storage (CCUS), and clean electricity and fuels such as hydrogen.

View our Climate Commitment Plan

Environment

Reducing Our Impacts

We proactively manage our environmental impacts, and seek opportunities to conserve natural resources and restore land and habitat where possible. We aim to advance the clean energy transition while decarbonizing our business and improving overall human health and well-being.

Social

Empowering People, Connecting with Communities

Cliffs has a proven history of attracting and retaining exceptional talent. We believe our employee-centric management philosophy is the key to our success. We provide team members with the necessary tools and education to build a prosperous career, and we are proud of our strong union partnerships. We value our host communities and seek engagement with neighbors and stakeholders. Through operating responsibly, charitable giving, strategic partnerships and employee volunteering, we maintain our social license to operate now and into the future.

Governance

Acting with Integrity

Ethical corporate governance practices and responsible value-chain management are table stakes to doing business. Through cross-functional internal collaboration and external partnerships, to research advancements in decarbonization technologies and advocate for fair policy, we are well positioned for long-term sustainability.

Our Products

Steel for a Sustainable Society

As a vertically integrated iron and steel company, we create a closed-loop steel recycling system that enables us to be a responsible steward of the environment, mitigating impacts on climate change while creating sustainable steel solutions for the transition to a low-carbon economy. Our technical expertise and research and development capabilities allow us to continually innovate our products for a changing world.