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 67 is higher than 97% 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, with Scope 1 emissions at approximately 16,600,000,000 kg CO2e, Scope 2 emissions at about 1,100,000,000 kg CO2e, and Scope 3 emissions totalling around 800,000,000 kg CO2e. The company has set ambitious climate commitments, aiming 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. Ternium is also working towards achieving carbon neutrality by 2050, collaborating with affiliated companies from the Techint Group to meet this long-term goal. This commitment encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to reducing their carbon footprint. The company has demonstrated a proactive stance in addressing climate change, with a focus on reducing emissions intensity across its operations. Ternium's efforts align with industry standards for sustainability and carbon management, positioning the company as a responsible player in the steel manufacturing sector.
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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 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.
