Usiminas Sustainability Profile
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 emissions. This reflects a commitment to transparency in their environmental impact, with emissions data disclosed across all three 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 3 emissions year-on-year, showcasing their efforts towards sustainability. Usiminas has set ambitious climate commitments, aiming for a 17% reduction in absolute direct CO2 emissions (Scope 1) by 2021 and a 2.5% reduction in indirect emissions (Scope 2) over the same period. Furthermore, they are committed to achieving net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. Additionally, they aim to reduce emissions intensity by 15% by 2030 for both Scope 1 and Scope 2 emissions. The emissions data and reduction targets are sourced from Usinas Siderúrgicas de Minas Gerais S.A., ensuring a comprehensive understanding of their climate impact and commitments.
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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 |
How Carbon Intensive is Usiminas's Industry?
How Carbon Intensive is Usiminas's Location?
Usiminas'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.
Usiminas has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
