In 2024, Budimex completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Budimex has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 107,028.92a | 87,756.2b | 61,422.4b | |
Total Scope 2 | ||||
Market-Based | 3,226.24a | 5,315b | 9,958b | |
Location-Based | 20,651.39a | 21,328b | 23,106.7b | |
Total Scope 3 | 1,085,980.34a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 58.6341a | 40.758b | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Budimex amounted to 127,680.31 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Budimex increased by 17.05%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Budimex were 107,028.92 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Budimex's Scope 1 emissions have increased by 20.22%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Budimex's Scope 1 emissions increased by 21.96%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Budimex reported Scope 2 greenhouse gas (GHG) emissions of 3,226.24 tCO₂e using the market-based method and 20,651.39 tCO₂e using the location-based method.a
Since 2020, Budimex's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 297.37%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Budimex's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Budimex's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Budimex reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Budimex reported 1,085,980.34 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Budimex includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Budimex reported total Scope 3 emissions of 1,085,980.34 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.04% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Budimex reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Budimex's Scope 3 emissions were:a
In 2024, Budimex reported Scope 1 greenhouse gas (GHG) emissions of 107,028.92 tCO₂e and total revenues of USD 1,825 millions. This translates into an emissions intensity of 58.63 tCO₂e per millions USD.a
In 2024, Budimex reported a Scope 1 emissions intensity of 58.63 tCO₂e per millions USD. Compared to the peer group median of 20.7, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Budimex ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Budimex among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Budimex reported a total carbon footprint of 1,213,660.65 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,012.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Budimex's total carbon footprint was Scope 3 emissions, accounting for 89.48% of the company's total carbon footprint, followed by Scope 1 emissions at 8.82%.a