Cemig Sustainability Profile
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 83% 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 significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 42,860,810 kg CO2e, while Scope 2 emissions totalled approximately 376,174,250 kg CO2e. The most substantial impact came from Scope 3 emissions, which reached approximately 5,911,209,350 kg CO2e, primarily driven by fuel and energy-related activities. 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 baseline year. Furthermore, the company has committed to a long-term target of reducing these emissions by 90% by 2040. For Scope 3 emissions, Cemig aims for a 90% reduction in emissions from the use of sold products related to fossil fuels by 2040, alongside a 75.8% reduction in emissions from fuel and energy-related activities per MWh by 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect Cemig's commitment to achieving net-zero greenhouse gas emissions across its value chain by 2040. The company’s proactive approach to climate action underscores its role in the energy sector and its responsibility towards sustainable practices.
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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 | 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 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000.00 | 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 |
How Carbon Intensive is Cemig's Industry?
How Carbon Intensive is Cemig's Location?
Cemig's Scope 3 Categories Breakdown
Cemig's Scope 3 emissions, which increased by 16% last year and increased by approximately 20% since 2010, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 69% of Scope 3 emissions.
Top Scope 3 Categories
Cemig's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cemig has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Centrais Eletricas Brasileiras Sa Eletrobras
Frequently Asked Questions
Common questions about Cemig's sustainability data and climate commitments