Energy of Minas Gerais Co

Common Name
Energy of Minas Gerais
Country
Brazil
Sector
Utilities
Industry
Utilities - Diversified
Employees
5,028
Ticker
CMIG4
Exchange
B3 S.A.
Description
Companhia Energética de Minas Gerais Preferred Stock represents shares in one of Brazil's leading integrated energy companies. With a focus on electricity generation, transmission, and distribution, t...

Energy of Minas Gerais's Climate Target Data Preview

As of 2025, Energy of Minas Gerais has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets and 2 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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)
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a
2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, 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)
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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)
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a
2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Intensity-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold
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a
2030
Intensity-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold
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a
2040
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Verified Sources Behind Energy of Minas Gerais’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Energy of Minas Gerais’s data sources below and access millions more through our Disclosure Search.

a. Energy of Minas Gerais's CDP Climate sourced from company’s website 2025
a. Energy of Minas Gerais's CDP Climate sourced from company’s website 2025

Insights into Energy of Minas Gerais's Greenhouse Gas Emissions Pathways

As of 2025, 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

Does Energy of Minas Gerais have a target to reduce the emissions from its operations?

As of 2025, 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

Energy of Minas Gerais's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 878,281.33 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Energy of Minas Gerais is ahead of schedule on its operational emissions reduction target, having achieved 58.1% of the planned reduction. a

Energy of Minas Gerais's Operational (Scope 1+2) Emissions Pathway

20212024203020400250 k500 k750 k1 MBaselineCurrent (-52%)Target 2030 (-71%)Target 2040 (-90%)

Does Energy of Minas Gerais have a target to reduce the emissions from its value chain?

As of 2025, Energy of Minas Gerais has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 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 92.4% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Sold in 2021. a

As of 2024, Energy of Minas Gerais is ahead of schedule on its value chain emissions reduction target, having achieved 59.11% of the planned reduction. a

Energy of Minas Gerais's Value Chain (Scope 3) Emissions Pathway

202120242030204000000BaselineCurrent (-55%)Target 2030 (-76%)Target 2040 (-92%)

Does Energy of Minas Gerais have a target to reduce its total carbon footprint?

As of 2025, 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 7,838,500.81 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 90% by 2040. a

As of 2024, Energy of Minas Gerais is ahead of schedule on its total carbon footprint reduction target, having achieved 46.81% of the planned reduction. a

Energy of Minas Gerais's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20212024204002 M4 M6 M8 MBaselineCurrent (-42%)Target 2040 (-90%)
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