Ternium

Ternium's reported carbon emissions

Ternium, headquartered in Luxembourg and operating within the Furniture; other manufactured goods n.e.c. industry, has reported significant greenhouse gas emissions. For the fiscal year 2024, the company's total reported emissions, encompassing Scope 1, 2, and 3, amounted to approximately 35.8 billion kg CO2e. This figure breaks down into approximately 16.2 billion kg CO2e for Scope 1, and an estimated 1.7 billion kg CO2e for Scope 2 (market-based). Scope 3 emissions were approximately 16.3 billion kg CO2e, with purchased goods and services accounting for a substantial portion at about 11.4 billion kg CO2e, followed by fuel and energy-related activities at approximately 3.2 billion kg CO2e, and upstream transportation and distribution at about 1.5 billion kg CO2e. In 2023, Ternium's total emissions were approximately 34.5 billion kg CO2e, comprising approximately 17.9 billion kg CO2e for Scope 1 and around 1.8 billion kg CO2e for Scope 2 (market-based). Scope 3 emissions for that year were approximately 14.8 billion kg CO2e, with purchased goods and services representing approximately 9.6 billion kg CO2e and fuel and energy-related activities at about 3.4 billion kg CO2e. Ternium is committed to long-term climate goals, including achieving carbon neutrality by 2050. The company has also set a near-term target to reduce its carbon dioxide emission intensity rate by 20% by 2030, using a 2018 baseline. This intensity reduction target applies to both Scope 1 and Scope 2 emissions. Ternium is actively working with affiliated companies within the Techint Group to advance these climate objectives, developing strategies and projects that consider technological feasibility and local market conditions. It is important to note that Ternium's emissions data is cascaded from its ultimate parent, Ternium S.A., as Ternium operates as a current subsidiary within this corporate family structure.