Cemig
Cemig, officially known as Companhia Energética de Minas Gerais, is a leading Brazilian utility company headquartered in Belo Horizonte, Minas Gerais. Established in 1952, Cemig has grown to become a key player in the energy sector, primarily focusing on electricity generation, transmission, and distribution across various regions in Brazil. With a diverse portfolio that includes hydroelectric, thermal, and renewable energy sources, Cemig stands out for its commitment to sustainability and innovation. The company has achieved significant milestones, including the expansion of its renewable energy projects, positioning itself as a market leader in clean energy solutions. Cemig's dedication to operational excellence and customer service has earned it a strong reputation in the industry, making it a vital contributor to Brazil's energy landscape. As it continues to evolve, Cemig remains focused on enhancing its services and expanding its reach within the energy market.
DitchCarbon Score
How does Cemig's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cemig's score of 71 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cemig's reported carbon emissions
In 2024, Companhia Energética de Minas Gerais (Cemig) reported total greenhouse gas emissions of approximately 6,000,000,000 kg CO2e, with emissions distributed across all three scopes: 42,860,810 kg CO2e (Scope 1), 376,174,250 kg CO2e (Scope 2), and a significant 5,911,209,350 kg CO2e (Scope 3). This represents a substantial increase in emissions compared to 2023, where total emissions were about 5,106,122,490 kg CO2e, with Scope 1 at 20,630,560 kg CO2e, Scope 2 at 305,513,700 kg CO2e, and Scope 3 at 5,106,122,490 kg CO2e. Cemig has set ambitious climate commitments, aiming for a 69.4% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the base year. Additionally, the company has committed to a 70.8% reduction in Scope 1 emissions and a 90% reduction by 2040. For Scope 3 emissions, Cemig targets a 42% reduction from the use of sold products for fossil fuels by 2030, with a long-term goal of a 90% reduction by 2040. Cemig's overall strategy includes a commitment to achieve net-zero greenhouse gas emissions across its value chain by 2040. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects the company's dedication to addressing climate change and reducing its carbon footprint.
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| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 287,307,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 282,439,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cemig is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
