Ternium S.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Ternium S.A. disclosed greenhouse gas emissions of 18.5 million tons CO2e (scopes 1,2 & 3). By scope: Scope 1: 16.6 million tons CO2e; Scope 2: 1.1 million tons CO2e; Scope 3: 0.8 million tons CO2e. 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
18.5 million tons CO2e (scopes 1,2 & 3)
2023
⚡
Renewable Energy
2%
of total energy
💧
Water Usage
785 million m3
2023
♻️
Waste
94.6 thousand tons
2023
⚙️
Energy Use
235.5K TJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).16.6 million tons CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.1 million tons CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).0.8 million tons CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202318.5 million tons CO2e (scopes 1,2 & 3)
202219.28 million tCO2e (Scope 1 & 2 market-based) + 6.35 million tCO2e (Scope 3)

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 IFR and LTIFR by 50% by 2025 (compared to 2020)

📅 Medium-term

  • Reduce emissions intensity by 15% by 2030 (compared to 2023 baseline)
  • Achieve a 41% share of renewable energy in purchased electricity by 2030

🔭 Long-term

  • Achieve carbon neutrality in products and operations (subject to technological feasibility and local market conditions)

🌱 ESG Focus Areas

Climate ChangeEnvironmental PerformanceSafetyPeople DevelopmentCommunity DevelopmentIntegrity

⚠️ Challenges & Risks +

  • Risk of unfairly traded imports of steel products from China
  • Restrictions to access to foreign exchange in Argentina
  • Two fatalities occurred in Ternium’s operations and one in Usiminas
  • Climate-related risks (transition risks and physical risks)
  • Difficulties in relationship with local communities

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD, UNGC
Assurance: Third-party verification of GHG emissions