CSN (CSNA3) raised its S&P Global ESG Score from 56 to 61 points in 3Q26, according to the quarter's sustainability release. The score places the company among the top 8% in the Steel category, which comprises 168 companies. CSN Mineração (CMIN) scored 62 points.
In early September, the company announced that Fabio Schvartsman became CEO of CSN. Benjamin Steinbruch, CEO for 24 years, became Chairman of the Board of Directors.
On the environmental front, the 9M26 cumulative results show a reduction in CO₂ emissions intensity relative to the base years of the targets: 7% in steelmaking (from 2.1 to 1.96 tCO₂e per ton of steel), 4% in cement (from 509 to 486 kgCO₂e per ton) and 9% in mining (from 7.10 to 6.49 kgCO₂e per ton). Particulate matter emissions at the Volta Redonda plant (UPV) fell 47%, from 0.78 to 0.41 kg per ton of steel, below the 2030 target of 0.47.
The National Mining Agency (ANM) recognized the decharacterization of the Vigia (CMIN) and B2A (MIPE) dams, and all Stability Condition Declarations were renewed in September 2026. Six of the eight dams scheduled for decharacterization by 2030 have already been completed. For the Super El Niño scenario, the company mapped disbursements of R$ 310 million in Mining and R$ 33 million in Energy for 2025-2026.
In occupational safety, 3Q26 had one fatality of an own employee and one of a contractor, compared with one own employee and no contractor in 3Q25. The reportable accident frequency rate rose from 1.28 to 1.54, and high-severity-potential events increased from 9 to 14. CSN restructured the AGIR Program to strengthen critical risk controls. The company was also recognized in the CGU's Pro-Ethics Company Program 2025–2026 and received the ANEFAC Transparency Trophy.
Is CSNA3 worth investing in?
- Price
- R$ 4.52
- as of 11/11/2026
- Dividend yield
- 0.00 %
- P/L
- N/A
- P/VPA
- 0.49
