Companhia Energetica de Minas Gerais CEMIGCompanhia Energetica de Minas Gerais CEMIG - ESG Rating & Company Profile powered by AI

Industry Group:Electric Utilities

Scroll down to the bottom of the webpage for potential risks for Companhia Energetica de Minas Gerais CEMIG based on sector, geography and size. The assessment of Companhia Energetica de Minas Gerais CEMIG is prepared by All Street Sevva using cutting edge artificial intelligence. If you are employed by Companhia Energetica de Minas Gerais CEMIG and you wish to use your Sustainability rating, please get in touch.

Companhia Energetica de Minas Gerais CEMIG in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 7.6; made up of an environmental score of 8.0, social score of 6.2 and governance score of 8.0.

SDG Transparency Score for Companhia Energetica de Minas Gerais CEMIG 
Low
0 - 3
Medium
4 - 6

7.6

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Companhia Energetica de Minas Gerais CEMIG 
8.0

Environmental

6.2

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Algonquin Power & Utilities Corp
9.1
High
2Alliant Energy Corp
9.0
High
112Ren Redes Energeticas Nacionais SGPS SA
7.7
High
112SJVN Ltd
7.7
High
138Companhia Energetica de Minas Gerais CEMIG
7.6
High
138Cloudberry Clean Energy ASA
7.6
High
138EVN AG
7.6
High
.........
763Yorkshire Electricity Group PLC
0.0
Low
763Zakarpattiaoblenerho PrAT
0.0
Low
.........
View the full peer group of 981 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Companhia Energetica de Minas Gerais CEMIG have an accelerator or VC vehicle to help deliver innovation?

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Does Companhia Energetica de Minas Gerais CEMIG disclose current and historical energy intensity?

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Does Companhia Energetica de Minas Gerais CEMIG report the average age of the workforce?

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Does Companhia Energetica de Minas Gerais CEMIG reference operational or capital allocation in relation to climate change?

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Does Companhia Energetica de Minas Gerais CEMIG disclose its ethnicity pay gap?

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Does Companhia Energetica de Minas Gerais CEMIG disclose cybersecurity risks?

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Does Companhia Energetica de Minas Gerais CEMIG offer flexible work?

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Does Companhia Energetica de Minas Gerais CEMIG have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Companhia Energetica de Minas Gerais CEMIG disclose the number of employees in R&D functions?

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Does Companhia Energetica de Minas Gerais CEMIG conduct supply chain audits?

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Does Companhia Energetica de Minas Gerais CEMIG disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Companhia Energetica de Minas Gerais CEMIG conduct 360 degree staff reviews?

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Does Companhia Energetica de Minas Gerais CEMIG disclose the individual responsible for D&I?

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Does Companhia Energetica de Minas Gerais CEMIG disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Companhia Energetica de Minas Gerais CEMIG disclose current and / or historical scope 2 emissions?

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Does Companhia Energetica de Minas Gerais CEMIG disclose water use targets?

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Does Companhia Energetica de Minas Gerais CEMIG have careers partnerships with academic institutions?

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Did Companhia Energetica de Minas Gerais CEMIG have a product recall in the last two years?

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Does Companhia Energetica de Minas Gerais CEMIG disclose incidents of discrimination?

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Does Companhia Energetica de Minas Gerais CEMIG allow for Work Councils/Collective Agreements to be formed?

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Has Companhia Energetica de Minas Gerais CEMIG issued a profit warning in the past 24 months?

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Does Companhia Energetica de Minas Gerais CEMIG disclose parental leave metrics?

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Does Companhia Energetica de Minas Gerais CEMIG disclose climate scenario or pathway analysis?

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Does Companhia Energetica de Minas Gerais CEMIG disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Companhia Energetica de Minas Gerais CEMIG disclose the pay ratio of women to men?

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Does Companhia Energetica de Minas Gerais CEMIG support suppliers with sustainability related research and development?

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Does Companhia Energetica de Minas Gerais CEMIG disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Companhia Energetica de Minas Gerais CEMIG reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Companhia Energetica de Minas Gerais CEMIG involved in embryonic stem cell research?

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Does Companhia Energetica de Minas Gerais CEMIG disclose GHG and Air Emissions intensity?

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Does Companhia Energetica de Minas Gerais CEMIG disclose its waste policy?

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Does Companhia Energetica de Minas Gerais CEMIG report according to TCFD requirements?

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Does Companhia Energetica de Minas Gerais CEMIG disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Companhia Energetica de Minas Gerais CEMIG disclose energy use targets?

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Does Companhia Energetica de Minas Gerais CEMIG disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Companhia Energetica de Minas Gerais CEMIG have a policy relating to cyber security?

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Potential Risks for Companhia Energetica de Minas Gerais CEMIG
These potential risks are based on the size, segment and geographies of the company.

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

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