Energy of Minas Gerais Co
Energy of Minas Gerais's Climate Target Data Preview
As of 2024, Energy of Minas Gerais has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets and 3 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Energy of Minas Gerais ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15), Scope 3 - Other Downstream Sources | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15), Scope 3 - Other Upstream Sources, Scope 3 - Other Downstream Sources | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2040 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2040 |
Absolute-based Target | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2040 |
Absolute-based Target | Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14), Scope 3 - Investments (Cat. 15), Scope 3 - Other Downstream Sources | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2040 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted) | Copy restricted. Please purchase to unlock this data.  b | 2027 |
Intensity-based Target* | Scope 1 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold | Copy restricted. Please purchase to unlock this data.  a, c | 2040 |
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Verified Sources Behind Energy of Minas Gerais’s Climate Targets Data
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Insights into Energy of Minas Gerais's Greenhouse Gas Emissions Pathways
As of 2024, Energy of Minas Gerais has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b c
Does Energy of Minas Gerais have a target to reduce the emissions from its operations?
As of 2024, Energy of Minas Gerais has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b
Energy of Minas Gerais's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 873,992.2 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a b
As of 2023, Energy of Minas Gerais is ahead of schedule on its operational emissions reduction target, having achieved 69.64% of the planned reduction. a b
Energy of Minas Gerais's Operational (Scope 1+2) Emissions Pathway
Does Energy of Minas Gerais have a target to reduce the emissions from its value chain?
As of 2024, Energy of Minas Gerais has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Energy of Minas Gerais's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 555,443.19 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a
Instead of reducing value chain emissions, Energy of Minas Gerais has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a
Energy of Minas Gerais's Value Chain (Scope 3) Emissions Pathway
Does Energy of Minas Gerais have a target to reduce its total carbon footprint?
As of 2024, Energy of Minas Gerais has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
Energy of Minas Gerais's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 958,574.12 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 90% by 2040. a
As of 2023, Energy of Minas Gerais is lagging behind on its total carbon footprint reduction target, having achieved 2.22% of the planned reduction. a