Cleveland-Cliffs (CLF)

Overall impact
F (8)

Commentary

Cleveland-Cliffs is a poor overall performer. With an 'F' rating of 8.4 for overall impact (bottom 10% of all companies), Cleveland-Cliffs ranks 60th out of 62 industry peers, behind Chaparral Energy, Vale, Ossen Innovation and 56 others, and ahead of Nucor and United States Steel. On top material causes for Cleveland-Cliffs's industry (Metals & Mining), Cleveland-Cliffs performs poorly in Sustainable Use of Water (0.6 score), Reduced Waste (22.1), Sustainable Use of Natural Resources (0.0) and 13 other causes where it received a 'D' or 'F' score. Cleveland-Cliffs did not receive an 'A' rating on any cause.
Impact
Cause CLF
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Overall impact

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Company
Employees
30,000
Sector
Materials
Industry
Metals & Mining
Sub-industry
Steel
SASB industry
Iron & Steel Producers
Headquarters
Oh, United States
Share classes
CLF
Description
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in the United States, Canada, and internationally. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized and galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; austenitic, martensitic, duplex, precipitation hardening, and ferritic stainless-steel products; steel plates; and grain oriented and non-oriented electrical steel products, as well as slab, rail, scrap, iron ore, coal, coke, and tool and die, stamped components. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing products. In addition, the company offers tin mill products; hot and cold stamp assembly, tooling, and sampling solutions; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure, and manufacturing industries; and distributors and converters, and steel producers. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
Material causes
Ethos considers the following causes material for Cleveland-Cliffs, based on its industry sub-industry Steel. Learn more about material causes in our methodology overview.

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