Companhia Energética de Minas Gerais S.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2020, 2019

In its 2022 reporting, Companhia Energética de Minas Gerais S.A. disclosed greenhouse gas emissions of 83.4K tCO2e/year (Direct CO2 Emissions). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
83.4K tCO2e/year (Direct CO2 Emissions)
2022
⚡
Renewable Energy
100%
of total energy
💧
Water Usage
190.1K m3/year
2022

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202283.4K tCO2e/year (Direct CO2 Emissions)
202011.7K tCO2e
201951.9K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce total loss index of Distribution below 10.84%
  • Keep DEC below 9.24 h
  • Keep TFA (D) below 1.11 accidents/million man hours worked
  • Achieve over 83% on-time issuance of micro and minigeneration access opinions
  • Maintain 100% Company Top Risk Matrix Mapping

📅 Medium-term

  • Achieve an EBITDA of BRL 10.0 billion in 2027 and BRL 13.7 billion in 2032
  • Achieve a Total Shareholder Return (TSR) of 21%
  • Make investments of BRL 85.3 billion by 2032
  • Carry out divestments in the order of BRL 8 billion

🔭 Long-term

  • Become Net Zero by 2040, reducing greenhouse gas emissions by 75% by 2030

🌱 ESG Focus Areas

Climate changeRenewable EnergyEthics and IntegrityEnvironmental impact and protectionTransparencySocial sustainable developmentCustomer SatisfactionWater resourcesDiversity and equityPeople's health and safety

⚠️ Challenges & Risks +

  • High level of asset depreciation
  • Variation of nonperformance at high levels
  • Dam breaches and extreme hydrological events
  • Accidents with the population along low and medium voltage lines
  • Accidents and diseases among the workforce
  • Lack of liquidity in the Company
  • Non-compliance with environmental obligations

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards
Assurance: Independent external verification