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 48 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cemig's reported carbon emissions
In 2023, Companhia Energética de Minas Gerais (Cemig) reported total greenhouse gas emissions of approximately 5,106,122,000 kg CO2e. This figure includes 20,631,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 305,514,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions, which cover all other indirect emissions in the value chain, amounted to about 5,106,122,000 kg CO2e. Cemig has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 70.8% by 2030, using 2021 as the base year. Furthermore, Cemig plans to decrease Scope 3 emissions from fuel and energy-related activities by 75.8% per MWh within the same timeframe. The company also aims to cut absolute Scope 3 emissions from the use of sold products for fossil fuels by 42.0% and all remaining Scope 3 emissions by 42.0% by 2030. Long-term, Cemig is committed to reducing absolute Scope 1 and 2 emissions by 90.0% by 2040, alongside a 92.4% reduction in Scope 3 emissions from fuel and energy-related activities per MWh, and a 90.0% reduction in Scope 3 emissions from the use of sold products for fossil fuels. These targets align with the Science Based Targets initiative (SBTi) and reflect Cemig's commitment to addressing climate change and transitioning towards a more sustainable energy future.
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| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 113,723,000 | 000,000,000 | 000,000,000 | 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 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 293,460,200 | 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 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 3,493,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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 |
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 committed to some reduction initiatives 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.
