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  7. Companhia Energética de Minas Gerais (CEMIG)
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Companhia Energética de Minas Gerais (CEMIG) | Sustainability Performance

https://www.cemig.com.br/

Coordinates large-scale service networks involving generation, distribution, and operational planning. Responsibilities include maintaining infrastructure, monitoring system performance, coordinating customer service channels, and implementing long-term initiatives intended to modernize operations and support broad regional access to essential utilities.

1952

Brazil

5,001 - 10,000 employees

Utilities

$1B - 10B in revenue

$500M - 1B in profitability

Submit or report inaccurate dataDownload Company Insights

Sustainability Ranking & Industry Benchmark

#599
Overall
#24
in Brazil
#21
in Utilities

Sustainability Maturity

​​0123456789​​%

Sustainability Intent

Available in
Scale package

Access
​​0123456789​​%

Industry Rank

37 out of 392

Overview
Environmental
Carbon emissionsEnergy consumptionWaste ManagementWater ManagementAir & land impactNature and biodiversity
Social
Diversity and InclusionPay GapsHealth and SafetyExternalities
Governance
TargetsSDG ImpactESG scores and Exclusions
Financial Data
Business performanceCapital & innovationAnalyst projectionsAsset manager exclusion

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CO2 scope 1 + 2

419.0K CO2e tonnes, 2024
Leading

Renewable energy

6% 2024
Laggard

Waste generated

56.0K tonnes, 2024
Aligned

Female employees

14% 2025
Critical

Externalities

20.0M $, 2024
Laggard

Market cap

31.7B $, 2026▼3.8% YoY

Revenue

39.8B $, 2024▼7.5% YoY

R&D intensity

0% 2024

Carbon emissions

Reveal data for 1 credit

Industry rank: 19 out of 392


Total CO2 emissions
(CO2e tonnes)

Industry rank: 19 out of 392

Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
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Renewable energy

Reveal data for 1 credit
6%2024

Industry rank: 51 out of 392


Total energy consumption
and % renewables
(MWh, % of consumption)

Industry rank: 51 out of 392

Total energy

Share of renewable energy

Industry benchmark

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Renewable electricity

Reveal data for 1 credit
%2024

Industry rank: Beyond Top 100


Total electricity consumption
and % renewables
(MWh, % of consumption)

Industry rank: Beyond Top 100

Total electricity

Share of renewable electricity

Industry benchmark

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Intensity


Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Waste generation intensity (tonnes /$M)
Industry Benchmark

653.5

B/M 1.9K

7.3

B/M 2.0


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Female employees

Reveal data for 1 credit

Share of female employees (%)

25
50
75
100
Company
Benchmark
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Waste

Reveal data for 1 credit
56.0K2024

Total waste generated (tonnes)

Total waste
Recovered & recycled
Not-recovered & not-recycled
Industry Benchmark

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Controversy level


Very Low
Low
Noticeable
High
Severe
Download Controversy Analysis
  • Companhia Energética de Minas Gerais (CEMIG), Brazil's major Minas Gerais state utility, has faced sustained scrutiny over hydropower reservoir impacts and the Rio Doce basin pollution legacy following the 2015 Samarco (Mariana) tailings disaster affecting CEMIG customers.
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Carbon emissions breakdown

Reveal data for 2 credits

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Energy consumption breakdown

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Biodiversity loss in km²

Reveal data for 2 credits

Biodiversity loss in terms of the equivalent land affected (km²e)

Total biodiversity loss (km²e)
Industry benchmark
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Biodiversity loss in CO2e

Reveal data for 2 credits

Total biodiversity loss as CO2e tonnes

Total biodiversity loss (CO2e tonnes)
Industry benchmark

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Potential species loss

Reveal data for 2 credits

Estimated nature species lost due to corporate activity, expressed as Potentially Disappeared Fraction (PDF)

One row per year, with the latest at the top. Each driver uses its own scale.

Low ImpactHigh Impact
Industry benchmark
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Biodiversity impact

Reveal data for 2 credits

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PDF: Potentially Disappeared Fraction (of species) due to corporate activities

Waste management

Reveal data for 2 credits

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20202021202220232024Benchmark
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Water management

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Air pollution

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Land use

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Diversity & inclusion

Reveal data for 3 credits

KPIMetricYear
20202021202220232024Benchmark
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Pay gap breakdown

Reveal data for 1 credit

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20202021202220232024Benchmark
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Health & safety

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Externalities

Reveal data for 1 credit

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Market cap

31.7B $, 2026▼3.8% YoY

Revenue

39.8B $, FY2024▼7.5% YoY

EBITDA

6.7B $, FY2024▼9.1% YoY

Operating margin

17% Industry: 20▲16.5% YoY

P/E ratio

4.5 Industry: 20▲24.4% YoY

Revenue & EBITDA

$39.8BFY2024 revenue

Total Annual
Revenue & EBITDA
($ B)

Annual revenue
EBITDA
3 year change
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Margin trends


Margin as % of revenue

Gross margin
Operating margin
Net margin

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Free cashflow

4.6B 2024▲17.5% YoY

Capex

920.0M 2024▲37.4% YoY

Debt/equity ratio

0.5 Industry: 2▼NaN% YoY

R&D intensity

0.0%FY2024

R&D as % of revenue

Return on invested capital (ROIC)
Industry benchmark

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Return on invested capital

18.0%FY2026

Return on invested capital (ROIC)
Industry benchmark

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Analyst revenue estimates & actuals


Analyst consensus vs actuals
($ B)

Actual revenue
Consensus estimates
Estimate only

34.5

▲ 8.3%

2022

36.9

▲ 5.2%

2023

39.8

▲ 7.2%

2024

44.4

2028

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Asset manager exclusions

5 2026▼NaN% YoY

Exclusions by region

Reveal data for 2 credits

Institutions excluding by region out of total tracked institutions

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Excluding institutions

Reveal data for 2 credits

Institution name, type, screener label

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Environmental policy coverage

Carbon reduction policy

Available

Human rights policy

Available

Recycling policy

Available

Workplace health & safety policy

Available

0%
Independent Directors

0 out of 14 incl. management

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Overall score

78

Environment

99

Social

99

Governance

37

Exclusion screening

Adult content

Not available

Alcoholic

Not available

Animal testing

Not available

Firearms

Not available

Tobacco

Not available

Gambling

Not available

Nuclear

Not available

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SDG impact

Reveal data for 5 credits
2024

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SDG impact (historical)

Reveal data for 5 credits

KPIMetricYear
20192020202120222023Benchmark
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Reporting

sustainability report symbol

Sustainability Report

Available

image report
Available
image report
Available

Sustainability employees


Total sustainability employees

11+



    Available in
    Scale package

    Access
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