Usiminas
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 47 is higher than 96% 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 5,000,000,000 kg CO2e from Scope 1, 50,000,000 kg CO2e from Scope 2, and 715,600,000 kg CO2e from Scope 3. This represents a significant increase in Scope 1 emissions compared to 2022, where they were about 5,550,000,000 kg CO2e, while Scope 2 emissions remained relatively stable at approximately 60,000,000 kg CO2e, and Scope 3 emissions decreased from about 886,000,000 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. Additionally, the company is committed to achieving net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. They also aim 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 iron and steel industry, aligning with global sustainability goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,159,866,710 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 106,208,330 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 18,959,340 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Usiminas is not participating in any 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.
