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 55 is higher than 98% 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 2023, Companhia Energética de Minas Gerais (Cemig) reported total greenhouse gas emissions of approximately 5,106,122,000 kg CO2e, comprising Scope 1 emissions of about 20,631,000 kg CO2e, Scope 2 emissions of approximately 305,514,000 kg CO2e, and Scope 3 emissions of around 5,106,122,000 kg CO2e. Cemig has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire 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 baseline year. Additionally, Cemig plans to cut Scope 3 emissions from fuel and energy-related activities by 75.8% per MWh within the same timeframe. For Scope 3 emissions related to the use of sold products for fossil fuels, the target is a reduction of 42.0%. Long-term goals include a 90.0% reduction in absolute Scope 1 and 2 emissions by 2040, alongside a 92.4% reduction in Scope 3 emissions from fuel and energy-related activities per MWh. The company is committed to achieving these targets in alignment with the Science Based Targets initiative (SBTi), ensuring that its strategies contribute to limiting global warming to 1.5°C.
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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 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.
