Usiminas
Usiminas, officially known as Usinas Siderúrgicas de Minas Gerais S.A., is a prominent player in the steel industry, headquartered in Belo Horizonte, Brazil. Founded in 1956, the company has established itself as a leader in the production of flat steel products, catering to various sectors including automotive, construction, and machinery. With major operational regions across Minas Gerais and São Paulo, Usiminas boasts a diverse portfolio that includes hot-rolled, cold-rolled, and coated steel products. The company is recognised for its commitment to innovation and sustainability, positioning itself as a key supplier in the Brazilian market. Notable achievements include significant investments in technology and environmental initiatives, reinforcing its status as a competitive force in the global steel landscape.
DitchCarbon Score
How does Usiminas'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 Iron Ores 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
Usiminas's score of 42 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Usiminas's reported carbon emissions
In 2023, Usiminas reported significant carbon emissions, totalling approximately 4,740,000,000 kg CO2e for Scope 1, 50,000,000 kg CO2e for Scope 2, and 715,600,000 kg CO2e for Scope 3. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Comparatively, in 2022, Usiminas' emissions were approximately 5,550,000,000 kg CO2e for Scope 1, 60,000,000 kg CO2e for Scope 2, and 886,000,000 kg CO2e for Scope 3. This indicates a reduction in Scope 1 and Scope 2 emissions, suggesting progress towards their climate commitments. Usiminas has set ambitious targets to reduce its carbon footprint. The company aims for a 17% reduction in absolute direct CO2 emissions (Scope 1) by 2021 and a 2.5% reduction in indirect emissions (Scope 2) for the same timeframe. Furthermore, Usiminas is committed to achieving net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. In terms of emissions intensity, Usiminas plans to reduce emissions intensity by 15% by 2030 for both Scope 1 and Scope 2, measured in tonnes of CO2 per tonne of crude steel produced. This commitment aligns with industry standards and reflects a proactive approach to mitigating climate impact. Overall, Usiminas is actively working towards reducing its carbon emissions and has established clear targets to guide its sustainability efforts, demonstrating a commitment to environmental responsibility in the steel manufacturing sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 10,452.3 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 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.
Usiminas is not participating in any 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.
