Cleveland-Cliffs Partners With DOE to Reduce GHG Emissions
11/04/2021 - The steelmaker announced yesterday that it has entered into a partnership with the U.S. Department of Energy (DOE) as part of the Better Climate Challenge initiative to reduce greenhouse gas (GHG) emissions 25% by 2030.
The Better Climate Challenge initiative is a new government-sponsored effort that challenges companies to set aggressive GHG emission reduction targets by providing opportunities for peer exchange and technical assistance.
Cleveland-Cliffs remains committed to reducing GHG emissions 25% by 2030 from 2017 levels for combined Scope 1 and Scope 2 emissions, the company said in a press release.
“We are pleased to now be working hand in hand with the U.S. government in our efforts to meet our 2030 emissions target, and also share what we believe are global best practices in minimizing greenhouse gas emissions,” Lourenco Goncalves, Cleveland-Cliffs’ chairman, president and chief executive, said.
“Our operations are among the most environmentally friendly of their kind in the world, but we still continue to make improvements to reduce carbon emissions. This includes the use of HBI in blast furnaces, the increased utilization of prime scrap in our BOFs, and with that, the corresponding reduction in coke rate. We appreciate the DOE’s recognition of our accomplishments thus far and look forward to reporting on our continued emissions reduction progress.”