Ternium

Ternium, headquartered in Luxembourg and operating in the Furniture and other manufactured goods sector, reported total carbon emissions of approximately 34.2 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 16.2 billion kg CO2e, Scope 2 (market-based) emissions of 1.7 billion kg CO2e, and Scope 3 emissions of 16.3 billion kg CO2e. Key categories contributing to Scope 3 emissions in 2024 were purchased goods and services (11.4 billion kg CO2e), fuel and energy related activities (3.2 billion kg CO2e), and upstream transportation and distribution (1.5 billion kg CO2e).

For comparison, in 2023, Ternium's total emissions were approximately 34.7 billion kg CO2e, comprising 17.9 billion kg CO2e from Scope 1, 1.8 billion kg CO2e from Scope 2 (market-based), and 14.8 billion kg CO2e from Scope 3.

Ternium has set several climate commitments. The company aims to achieve carbon neutrality in its operations and products, aspiring to net-zero Scope 1 and Scope 2 emissions by 2050. This ambition considers technological feasibility and market conditions. Additionally, Ternium has a near-term target to reduce its Scope 1 and Scope 2 carbon dioxide emission intensity by 20% by 2030, compared to a 2018 baseline. This commitment is reflected across multiple years of reporting. Ternium also has an ambition to achieve carbon neutrality across all scopes by 2050. The company is actively working with affiliated companies from the Techint Group to achieve these carbon neutrality goals. Ternium's emissions data and reduction initiatives are cascaded from its parent company, Ternium S.A.