Our Commitment to Reduce GHG Emissions

One of the most important issues impacting our planet is climate change. While the American steel industry is already among the cleanest and most energy efficient in the world, we are doing our part to reduce our GHG emissions. Our Strategy and Sustainability Committee of the Board of Directors—chaired by our Chairman, President and Chief Executive Officer—oversees Cliffs’ ESG-related risks and opportunities, including climate change. We are a proud member of the DOE’s Better Climate Challenge, and through our engagement with the DOE we pursue opportunities for project support and funding for industrial decarbonization. In 2022, Cleveland-Cliffs’ Scope 1 and 2 GHG emissions were already below our 25% reduction goal ahead of our 2030 target year. Additionally, in 2022, we reduced both our company-wide GHG intensity as well as our integrated BF-BOF average intensity.

Combined Scope Chart

In pursuit of the strategic priorities outlined in our Climate Commitment Plan, Cliffs is also pursuing funding opportunities for industrial decarbonization projects through the DOE. For example, we are continuing our work on carbon capture and sequestration of our available blast furnace gas from our Burns Harbor facility. In 2022, we joined the Great Lakes Clean Hydrogen hub, a coordinated effort to transition the Midwest into a leading low-carbon fuel production center, attracting major investment, new businesses and job creation. In addition to our DR plant in Toledo, Cliffs is also investigating the usage of hydrogen injection into our blast furnaces and other processes to reduce emissions.

Download Our Climate Commitment Plan

Burns Harbor Carbon Capture and Sequestration (CCS) Study — DOE-Funded Project

In 2020, the U.S. Department of Energy (DOE) funded several innovative projects supporting industrial decarbonization research efforts, including a research project at our Burns Harbor, Indiana facility.

Through this project, the initial engineering design will be completed for a system to capture 50 to 70% of the CO2 emissions from the available blast furnace gas at Burns Harbor. The project aims to design a cost-competitive, technically viable, industrial-scale system capable of capturing up to 2 million tons of CO2 per year. The study will also examine available carbon sequestration opportunities. If successful, this study could help advance carbon reduction opportunities for the integrated steel industry.

Cleveland-Cliffs Joins Great Lakes Clean Hydrogen Coalition

A new industry-led coalition, Great Lakes Clean Hydrogen (GLCH), has been formed as a coordinated hydrogen hub effort to transition the Midwest into a leading low-carbon fuel production center, attracting major investment, new businesses and job creation.

The coalition of industry, academic, federal laboratories and non-profit organizations will help manufacturing, aviation, transportation and power-generation industries reduce their carbon emission footprint. GLCH will pursue funding from the U.S. Department of Energy’s (DOE) $8 billion regional clean hydrogen hub initiative.

The GLCH-proposed projects will advance commercial deployment of hydrogen in a variety of transportation and industrial applications in the Midwest.

Read more about the coalition from the University of Toledo Press Release.