Public Profile

Cemig

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.

58

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.

17

Industry Benchmark

Cemig's score of 58 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

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Cemig's reported carbon emissions

In 2023, Companhia Energética de Minas Gerais (Cemig) reported total carbon emissions of approximately 5,432,267,000 kg CO2e. This figure includes 20,631,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 305,514,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 5,106,123,000 kg CO2e, fall under Scope 3, which includes all other indirect emissions in the value chain. Cemig has set ambitious climate commitments, aiming for a 69.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2021 as the baseline year. Furthermore, they have committed to achieving net-zero emissions across their entire value chain by 2040. This includes a long-term target to reduce Scope 3 emissions by 90% by 2040, with specific near-term targets of reducing emissions from fuel and energy-related activities by 75.8% per MWh and from the use of sold products for fossil fuels by 42% by 2030. Cemig's climate strategy aligns with industry standards, reflecting a commitment to significant reductions in greenhouse gas emissions while transitioning towards sustainable energy practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2008200920102011201220132014201820192020202120222023
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
0,000,000
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
00,000,000
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cemig's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cemig is in BR, which has a very low grid carbon intensity relative to other regions.

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.

Cemig 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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