Cleveland Cliffs, a mining company, does not provide viewpoint protections for its employees but has not publicly terminated business relationships based on views or beliefs. The company discriminates against some religious organizations in its charitable giving. AK Steel is a signatory of the Business Roundtable's 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional shareholder obligations. However, it has not used its corporate funds or lobbying for ideological purposes. For these reasons, Cleveland Cliffs receives a Lower Risk rating.