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 37 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ternium's reported carbon emissions
In 2023, Ternium reported total carbon emissions of approximately 16,600,000,000 kg CO2e for Scope 1, 1,100,000,000 kg CO2e for Scope 2, and 800,000,000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all three scopes of greenhouse gas emissions. Over the years, Ternium has demonstrated a focus on reducing its carbon footprint. In 2022, the company recorded emissions of about 16,600,000,000 kg CO2e for Scope 1, 1,200,000,000 kg CO2e for Scope 2, and 800,000,000 kg CO2e for Scope 3. This indicates a stable approach to managing emissions across its operations. Ternium's emission intensity for crude steel production has shown fluctuations, with values around 1,720 kg CO2e per tonne in 2022 and 2,100 kg CO2e per tonne in 2023. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. Overall, Ternium's emissions data highlights the ongoing challenges and responsibilities faced by the steel industry in addressing climate change, while the company continues to navigate its path towards sustainability from its headquarters in Luxembourg (LU).
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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 | 858,941,000 | 0,000,000,000 | 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 | 000,000,000 | 000,000,000 | 000,000,000 | 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 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.
