Grupo Elektra SAB de CV

Common Name
Grupo Elektra
Country
Mexico
Sector
Financial Services
Industry
Financial Conglomerates
Employees
70,324
Ticker
ELEKTRA*
Exchange
BOLSA MEXICANA DE VALORES
Description
Grupo Elektra, S.A.B. de C.V. is a prominent financial services and retail company based in Mexico. It primarily functions as a retail chain specializing in electronics, home appliances, furniture, an...

Grupo Elektra's GHG Emissions Data Preview

In 2023, Grupo Elektra 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).

Grupo Elektra has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Grupo Elektra’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Grupo Elektra’s data sources below and access millions more through our Disclosure Search.

a. Grupo Elektra's Sustainability Report 2023
a. Grupo Elektra's Sustainability Report 2023
b. Grupo Elektra's Sustainability Report 2022
b. Grupo Elektra's Sustainability Report 2022

Insights into Grupo Elektra's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Grupo Elektra amounted to 113,694 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 2022, the total operational greenhouse gas (GHG) emissions of Grupo Elektra increased by 21.61%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Grupo Elektra's Scope 1 Emissions Over Time

2019202020212022202308 k16 k24 k32 ktCO2e-18%+50%-36%+93%
  • Total Scope 1
  • Year-over-Year Change

What are Grupo Elektra's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Grupo Elektra were 30,211 metric tons of CO₂ equivalent (tCO₂e). a

Has Grupo Elektra reduced its Scope 1 emissions over time?

Since 2019, Grupo Elektra's Scope 1 emissions have increased by 51.08%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Grupo Elektra's Scope 1 emissions increased by 93.36%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Grupo Elektra's Scope 2 emissions?

In 2023, Grupo Elektra reported Scope 2 greenhouse gas (GHG) emissions of 83,483 tCO₂e without specifying the calculation method. a

Has Grupo Elektra reduced its Scope 2 emissions over time?

Since 2019, Grupo Elektra's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Grupo Elektra 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2022), Grupo Elektra's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Grupo Elektra 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Grupo Elektra use for Scope 2 reporting?

In 2023, Grupo Elektra reported its Scope 2 emissions using an unspecified methodology. a

Grupo Elektra's Scope 2 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Grupo Elektra's Value Chain Emissions

In 2023, Grupo Elektra reported 286 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 2023 disclosure of Grupo Elektra includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Grupo Elektra's Scope 3 Emissions Over Time

2022202308501.7 k2.55 k3.4 ktCO2e-91%
  • Total Scope 3
  • Year-over-Year Change

What are Grupo Elektra's Scope 3 emissions?

In 2023, Grupo Elektra reported total Scope 3 emissions of 286 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Grupo Elektra's Scope 3 emissions decreased by 91.28%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Grupo Elektra disclose?

In 2023, Grupo Elektra reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Grupo Elektra's Scope 3 emissions?

In 2023, the largest contributors to Grupo Elektra's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 286 tCO₂e (100%)

Grupo Elektra's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Grupo Elektra’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Grupo Elektra reported Scope 1 greenhouse gas (GHG) emissions of 30,211 tCO₂e and total revenues of USD 10,855 millions. This translates into an emissions intensity of 2.78 tCO₂e per millions USD. a

Grupo Elektra's Scope 1 Emissions Intensity Compared to Peers

0.5201,00050,0005,000,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)MQYSRMMMinmetals CapitalYear: 2023Scope 1: 32 tCO2eRevenue: $M 1,377Scope 1 Intensity: 0.02 tCO2e/$MGuosen SecuritiesYear: 2023Scope 1: 766 tCO2eRevenue: $M 2,381Scope 1 Intensity: 0.32 tCO2e/$MQQQualitas ControladoraYear: 2023Scope 1: 11,828 tCO2eRevenue: $M 3,364Scope 1 Intensity: 3.52 tCO2e/$MGrupo Financiero BanorteYear: 2023Scope 1: 3,425 tCO2eRevenue: $M 11,489Scope 1 Intensity: 0.30 tCO2e/$MYYYuexiu CapitalYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,078Scope 1 Intensity: 0.02 tCO2e/$MPiramal EnterprisesYear: 2024Scope 1: 24 tCO2eRevenue: $M 1,110Scope 1 Intensity: 0.02 tCO2e/$MVoya FinancialYear: 2023Scope 1: 1,359 tCO2eRevenue: $M 7,213Scope 1 Intensity: 0.19 tCO2e/$MAlexforbesYear: 2023Scope 1: 108 tCO2eRevenue: $M 252Scope 1 Intensity: 0.43 tCO2e/$MSSSBI HoldingsYear: 2023Scope 1: 1,206 tCO2eRevenue: $M 7,183Scope 1 Intensity: 0.17 tCO2e/$MBajaj FinservYear: 2024Scope 1: 6,057 tCO2eRevenue: $M 11,977Scope 1 Intensity: 0.51 tCO2e/$MOld MutualYear: 2023Scope 1: 13,504 tCO2eRevenue: $M 9,935Scope 1 Intensity: 1.36 tCO2e/$MYuanta Financial HoldingYear: 2023Scope 1: 1,360 tCO2eRevenue: $M 3,198Scope 1 Intensity: 0.43 tCO2e/$MRRRegionalYear: 2023Scope 1: 692 tCO2eRevenue: $M 916Scope 1 Intensity: 0.76 tCO2e/$MStorebrand ASAYear: 2023Scope 1: 0 tCO2eRevenue: $M 6,667Scope 1 Intensity: 0.00 tCO2e/$MAditya Birla CapitalYear: 2025Scope 1: 40 tCO2eRevenue: $M 5,077Scope 1 Intensity: 0.01 tCO2e/$MWestern UnionYear: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,357Scope 1 Intensity: 0.95 tCO2e/$MFirst Capital SecuritiesYear: 2023Scope 1: 177 tCO2eRevenue: $M 328Scope 1 Intensity: 0.54 tCO2e/$MFreedom HoldingYear: 2024Scope 1: 1,541 tCO2eRevenue: $M 1,635Scope 1 Intensity: 0.94 tCO2e/$MORIXYear: 2024Scope 1: 991,233 tCO2eRevenue: $M 11,866Scope 1 Intensity: 83.54 tCO2e/$MHapvidaYear: 2024Scope 1: 9,637 tCO2eRevenue: $M 4,680Scope 1 Intensity: 2.06 tCO2e/$MAeon Financial ServiceYear: 2023Scope 1: 2,458 tCO2eRevenue: $M 2,854Scope 1 Intensity: 0.86 tCO2e/$MGrupo ElektraYear: 2023Scope 1: 30,211 tCO2eRevenue: $M 10,855Scope 1 Intensity: 2.78 tCO2e/$M

How does Grupo Elektra's GHG emissions intensity compare to its peers?

In 2023, Grupo Elektra reported a Scope 1 emissions intensity of 2.78 tCO₂e per millions USD. Compared to the peer group median of 0.43 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Grupo Elektra rank on GHG emissions intensity within its industry?

In 2023, Grupo Elektra ranked 20 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Grupo Elektra among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Grupo Elektra's Total Carbon Footprint

In 2023, Grupo Elektra reported a total carbon footprint of 113,980 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.78% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Grupo Elektra's total carbon footprint was Scope 2 emissions, accounting for 73.24% of the company's total carbon footprint, followed by Scope 1 emissions at 26.51%. a

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