Cemig Sustainability Profile
Cemig, officially known as Companhia Energética de Minas Gerais, is a leading Brazilian utility company headquartered in Belo Horizonte, Minas Gerais. Established in 1952, Cemig has grown to become a key player in the energy sector, primarily focusing on electricity generation, transmission, and distribution across various regions in Brazil. With a diverse portfolio that includes hydroelectric, thermal, and renewable energy sources, Cemig stands out for its commitment to sustainability and innovation. The company has achieved significant milestones, including the expansion of its renewable energy projects, positioning itself as a market leader in clean energy solutions. Cemig's dedication to operational excellence and customer service has earned it a strong reputation in the industry, making it a vital contributor to Brazil's energy landscape. As it continues to evolve, Cemig remains focused on enhancing its services and expanding its reach within the energy market.
DitchCarbon Score
How does Cemig'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 Electricity Transmission 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
Cemig's score of 71 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cemig's reported carbon emissions
In 2024, Companhia Energética de Minas Gerais (Cemig) reported total greenhouse gas emissions of approximately 4,286,081 kg CO2e for Scope 1, 376,174,250 kg CO2e for Scope 2, and a staggering 5,911,209,350 kg CO2e for Scope 3 emissions. This reflects a significant commitment to reducing its carbon footprint, with a target of achieving a 69.4% reduction in absolute Scope 1 and 2 emissions by 2030, using 2021 as the base year. Cemig has set ambitious long-term goals, aiming for a 90% reduction in absolute Scope 1 and 2 emissions by 2040. Additionally, the company is committed to reducing Scope 3 emissions from the use of sold products for fossil fuels by 90% within the same timeframe. The company also aims to reduce emissions from fuel and energy-related activities by 92.4% per MWh. Cemig's climate commitments are aligned with the Science Based Targets initiative (SBTi), which confirms that their targets are consistent with the reductions required to limit global warming to 1.5°C. The company has pledged to reach net-zero greenhouse gas emissions across its value chain by 2040, demonstrating a robust approach to sustainability and climate action.
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| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 287,307,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 282,439,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Cemig's Industry?
How Carbon Intensive is Cemig's Location?
Cemig's Scope 3 Categories Breakdown
Cemig's Scope 3 emissions, which increased by 16% last year and increased by approximately 20% since 2010, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 69% of Scope 3 emissions.
Top Scope 3 Categories
Cemig's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cemig has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Cemig's sustainability data and climate commitments