Ternium SA

Common Name
Ternium
Country
Luxembourg
Sector
Basic Materials
Industry
Steel
Employees
33,949
Ticker
TX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Ternium S.A. Sponsored ADR represents a significant player in the global steel manufacturing industry, providing investors with access to Ternium S.A's shares through American Depositary Receipts (ADR...

Ternium's GHG Emissions Data Preview

In 2023, Ternium completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Ternium has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Ternium’s Greenhouse Gas (GHG) Emissions 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 Ternium’s data sources below and access millions more through our Disclosure Search.

a. Ternium's Sustainability Report 2023
a. Ternium's Sustainability Report 2023
b. Ternium's Sustainability Report 2020
b. Ternium's Sustainability Report 2020

Insights into Ternium's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ternium amounted to 20,000,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Ternium increased by 2.04%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Ternium's Scope 1 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e-6%-9%+18%-3%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Ternium's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ternium were 17,900,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Ternium reduced its Scope 1 emissions over time?

Since 2018, Ternium's Scope 1 emissions have remained relatively, stable, indicating that Ternium's emissions have plateaued with no significant change in its operational footprint. a b

Compared to the previous year (2022), Ternium's Scope 1 emissions increased by 2.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Ternium's Scope 2 emissions?

In 2023, Ternium reported Scope 2 greenhouse gas (GHG) emissions of 1,800,000 tCO₂e using the market-based method and 2,100,000 tCO₂e using the location-based method. a

Has Ternium reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Ternium's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Ternium 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Ternium use for Scope 2 reporting?

In 2023, Ternium reported its Scope 2 emissions using the market-based method and using the location-based method. a

Ternium's Scope 2 Emissions Over Time

2018201920202021202220230550 k1.1 M1.65 M2.2 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Ternium's Value Chain Emissions

In 2023, Ternium reported 11,600,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Ternium includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Ternium's Scope 3 Emissions Over Time

20182019202020212022202303 M6 M9 M12 MtCO2e-14%-16%+864%-14%+81%
  • Total Scope 3
  • Year-over-Year Change

What are Ternium's Scope 3 emissions?

In 2023, Ternium reported total Scope 3 emissions of 11,600,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Ternium reduced its Scope 3 emissions over time?

Since 2018, Ternium's Scope 3 emissions have increased by 998.27%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Ternium's Scope 3 emissions increased by 81.25%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Ternium disclose?

In 2023, Ternium reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Ternium's Scope 3 emissions?

In 2023, the largest contributors to Ternium's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 7,800,000 tCO₂e (67.24%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,400,000 tCO₂e (29.31%)
  • Upstream Transportation and Distribution (Cat. 4): 200,000 tCO₂e (1.72%)

Ternium's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(1.7%)DownstreamTransportation andDistribution(Cat. 9)(1.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(29.3%)Purchased Goods andServices (Cat. 1)(67.2%)

Insights into Ternium’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Ternium reported Scope 1 greenhouse gas (GHG) emissions of 17,900,000 tCO₂e and total revenues of USD 17,610 millions. This translates into an emissions intensity of 1,016.46 tCO₂e per millions USD. a

Ternium's Scope 1 Emissions Intensity Compared to Peers

50020,000500,00020,000,000500,000,000Scope 1 Emissions (tCO2e)1001,00020,000200,0005,000,000Revenues (Millions of USD)CGerdauYear: 2023Scope 1: 9,562,437 tCO2eRevenue: $M 14,209Scope 1 Intensity: 672.99 tCO2e/$MWalsin LihwaYear: 2023Scope 1: 203,986 tCO2eRevenue: $M 6,188Scope 1 Intensity: 32.96 tCO2e/$MCCCITIC Pacific Special SteelYear: 2024Scope 1: 32,589,133 tCO2eRevenue: $M 14,963Scope 1 Intensity: 2,177.95 tCO2e/$MJSW SteelYear: 2024Scope 1: 52,106,566 tCO2eRevenue: $M 20,696Scope 1 Intensity: 2,517.74 tCO2e/$MAPL Apollo TubesYear: 2024Scope 1: 52,852 tCO2eRevenue: $M 2,099Scope 1 Intensity: 25.18 tCO2e/$MRelianceYear: 2023Scope 1: 186,000 tCO2eRevenue: $M 14,806Scope 1 Intensity: 12.56 tCO2e/$MTata SteelYear: 2023Scope 1: 75,500,000 tCO2eRevenue: $M 29,432Scope 1 Intensity: 2,565.26 tCO2e/$MPosco HoldingsYear: 2023Scope 1: 77,733,232 tCO2eRevenue: $M 60,302Scope 1 Intensity: 1,289.06 tCO2e/$MJindal SteelYear: 2024Scope 1: 18,240,000 tCO2eRevenue: $M 5,999Scope 1 Intensity: 3,040.55 tCO2e/$MNovolipetsk SteelYear: 2021Scope 1: 29,932,000 tCO2eRevenue: $M 1,341,677Scope 1 Intensity: 22.31 tCO2e/$MSteel DynamicsYear: 2023Scope 1: 2,750,371 tCO2eRevenue: $M 18,795Scope 1 Intensity: 146.33 tCO2e/$MIskenderun Demir ve CelikYear: 2023Scope 1: 9,018,940 tCO2eRevenue: $M 2,999Scope 1 Intensity: 3,007.24 tCO2e/$MKIOCLYear: 2024Scope 1: 98,743 tCO2eRevenue: $M 222Scope 1 Intensity: 444.13 tCO2e/$MWelspunYear: 2023Scope 1: 2,545 tCO2eRevenue: $M 1,156Scope 1 Intensity: 2.20 tCO2e/$MKrakatau Steel (Persero)Year: 2023Scope 1: 182,500 tCO2eRevenue: $M 1,454Scope 1 Intensity: 125.52 tCO2e/$MNucorYear: 2023Scope 1: 6,800,000 tCO2eRevenue: $M 34,714Scope 1 Intensity: 195.89 tCO2e/$MJacquet MetalsYear: 2024Scope 1: 5,662 tCO2eRevenue: $M 2,050Scope 1 Intensity: 2.76 tCO2e/$MNMDCYear: 2025Scope 1: 103,482 tCO2eRevenue: $M 2,797Scope 1 Intensity: 36.99 tCO2e/$MSalzgitterYear: 2024Scope 1: 10,135,000 tCO2eRevenue: $M 10,418Scope 1 Intensity: 972.81 tCO2e/$MJindal StainlessYear: 2024Scope 1: 2,992,334 tCO2eRevenue: $M 4,606Scope 1 Intensity: 649.60 tCO2e/$MAperamYear: 2023Scope 1: 784,000 tCO2eRevenue: $M 7,296Scope 1 Intensity: 107.45 tCO2e/$MArcelorMittalYear: 2024Scope 1: 97,000,000 tCO2eRevenue: $M 53,431Scope 1 Intensity: 1,815.43 tCO2e/$MBlueScope SteelYear: 2024Scope 1: 8,500,000 tCO2eRevenue: $M 11,345Scope 1 Intensity: 749.21 tCO2e/$MHBISYear: 2023Scope 1: 50,860,000 tCO2eRevenue: $M 17,271Scope 1 Intensity: 2,944.85 tCO2e/$MJFE HoldingsYear: 2023Scope 1: 47,400,000 tCO2eRevenue: $M 39,555Scope 1 Intensity: 1,198.33 tCO2e/$MTerniumYear: 2023Scope 1: 17,900,000 tCO2eRevenue: $M 17,610Scope 1 Intensity: 1,016.46 tCO2e/$M

How does Ternium's GHG emissions intensity compare to its peers?

In 2023, Ternium reported a Scope 1 emissions intensity of 1,016.46 tCO₂e per millions USD. Compared to the peer group median of 649.6 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Ternium rank on GHG emissions intensity within its industry?

In 2023, Ternium ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Ternium is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Ternium's Total Carbon Footprint

In 2023, Ternium reported a total carbon footprint of 31,600,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.54% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Ternium's total carbon footprint was Scope 1 emissions, accounting for 56.65% of the company's total carbon footprint, followed by Scope 3 emissions at 36.71%. a

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