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 80% 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 total carbon emissions of approximately 5.51 billion kg CO2e, comprising 4.74 billion kg CO2e from Scope 1, 50 million kg CO2e from Scope 2, and 715.6 million kg CO2e from Scope 3 emissions. This represents a decrease from 2022, where total emissions were approximately 6.50 billion kg CO2e, with Scope 1 emissions at 5.55 billion kg CO2e, Scope 2 at 60 million kg CO2e, and Scope 3 at 886 million kg CO2e. Usiminas has set ambitious climate commitments, aiming for a 17% reduction in absolute direct CO2 emissions (Scope 1) by 2021 compared to the previous year, and a 2.5% reduction in indirect emissions (Scope 2) over the same timeframe. Furthermore, the company is committed to achieving net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. Additionally, Usiminas plans to reduce emissions intensity by 15% by 2030 for both Scope 1 and Scope 2 emissions. These initiatives reflect Usiminas's dedication to addressing climate change and reducing its carbon footprint in the steel and mining sectors.
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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.
