In 2024, Grupo Mexico 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 Mexico has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Grupo Mexico amounted to 7,312,318 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 Grupo Mexico increased by 5.13%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
In 2024, the total Scope 1 emissions of Grupo Mexico were 5,343,000 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Grupo Mexico's Scope 1 emissions have increased by 5.18%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Grupo Mexico's Scope 1 emissions increased by 7.94%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
In 2024, Grupo Mexico reported Scope 2 greenhouse gas (GHG) emissions of 693,157 tCO₂e using the market-based method and 1,969,318 tCO₂e using the location-based method. a
Since 2019, Grupo Mexico's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 29.28%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Grupo Mexico's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Grupo Mexico 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Grupo Mexico reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Grupo Mexico reported 7,487,550 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 Grupo Mexico includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, Grupo Mexico reported total Scope 3 emissions of 7,487,550 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 60.89% of these emissions originated from upstream activities such as purchased goods and capital goods, while 39.11% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Grupo Mexico's Scope 3 emissions decreased by 11.96%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
In 2024, Grupo Mexico reported emissions for 10 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 Grupo Mexico's Scope 3 emissions were: a
In 2024, Grupo Mexico reported Scope 1 greenhouse gas (GHG) emissions of 5,343,000 tCO₂e and total revenues of USD 304,018 millions. This translates into an emissions intensity of 17.57 tCO₂e per millions USD. a
In 2024, Grupo Mexico reported a Scope 1 emissions intensity of 17.57 tCO₂e per millions USD. Compared to the peer group median of 201.6 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Grupo Mexico ranked 3 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Grupo Mexico among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Grupo Mexico reported a total carbon footprint of 14,799,868 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.27% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Grupo Mexico's total carbon footprint was Scope 3 emissions, accounting for 50.59% of the company's total carbon footprint, followed by Scope 1 emissions at 36.1%. a