Ternium
Ternium S.A., a leading steel manufacturer, is headquartered in Luxembourg (LU) and operates extensively across Latin America, particularly in Argentina, Brazil, and Mexico. Founded in 2005, Ternium has rapidly established itself as a key player in the steel industry, focusing on the production of flat and long steel products, as well as steel processing services. The company is renowned for its commitment to innovation and sustainability, offering high-quality products that cater to various sectors, including construction, automotive, and appliances. Ternium's advanced manufacturing processes and strategic investments have positioned it as a market leader, recognised for its operational excellence and robust supply chain. With a strong emphasis on customer satisfaction and environmental responsibility, Ternium continues to drive growth and set industry standards.
DitchCarbon Score
How does Ternium'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 Furniture Manufacturing 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
Ternium's score of 49 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ternium's reported carbon emissions
In 2023, Ternium reported significant carbon emissions, totalling approximately 17,900,000,000 kg CO2e for Scope 1, 2, and 3 combined. Specifically, Scope 1 emissions accounted for about 17,900,000,000 kg CO2e, while Scope 2 emissions were approximately 2,100,000,000 kg CO2e, and Scope 3 emissions reached around 11,600,000,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 20% reduction in CO2 emission intensity at its steelmaking sites by 2030, using 2018 as a baseline. This target applies to both Scope 1 and Scope 2 emissions. Additionally, Ternium is committed to achieving carbon neutrality across its operations by 2050, in alignment with the UN Global Compact and its Sustainable Development Goals. The company is actively developing strategies and projects to realise this goal, considering technological feasibility and local market conditions. In the near term, Ternium aims for a 15% reduction in emissions intensity by 2030, based on a 2023 baseline, which translates to approximately 1.8 tonnes CO2e per tonne of hot-rolled steel produced. Overall, Ternium's climate commitments reflect a proactive approach to reducing carbon emissions and enhancing sustainability within the steel industry.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,744,560,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 1,056,210,000 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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.
Ternium 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.
