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.
+12 vs industry average
Usiminas’s score of 26 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Iron Ores is among the most carbon-intensive industries
Industry performance
The Iron Ores industry has reduced its overall emissions by 65% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Usiminas's reported carbon emissions
In 2023, Usiminas reported total carbon emissions of approximately 1.6 trillion kg CO2e, comprising 474 billion kg CO2e from Scope 1, 5 billion kg CO2e from Scope 2, and 1.1 trillion kg CO2e from Scope 3 emissions. This data reflects a significant operational footprint, with emissions disclosed across all three scopes. Usiminas has set ambitious climate commitments, aiming for a 17% reduction in absolute direct CO2 emissions (Scope 1) and a 2.5% reduction in indirect emissions (Scope 2) by 2021, compared to the previous year. Furthermore, the company is committed to achieving net zero emissions by 2050 across 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, measured in tCO2 per tonne of crude steel. These initiatives demonstrate Usiminas's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards and expectations for sustainability.
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Usiminas’s Climate Goals (2030 & 2050)
8 goals2050
Usiminas is committed to achieving net zero emissions by 205…
Usiminas is committed to achieving net zero emissions by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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