Companhia Energética de Minas Gerais SA
Industry Group: Utilities
Country/Region: Brazil
Identifier: BSP:CMIG4
Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 146 out of 648
Universe
Global Universe 5766 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Hera SpA |
15.3
Low
|
41 out of 648 |
| Acciona SA |
16.2
Low
|
51 out of 648 |
| Companhia Energética de Minas Gerais SA |
22.3
Medium
|
146 out of 648 |
| APA Group |
37.7
High
|
463 out of 648 |
| YTL Power International Bhd. |
56
Severe
|
634 out of 648 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Companhia Energética de Minas Gerais SA
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Companhia Energética de Minas Gerais SA's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
