Grupo Elektra
Grupo Elektra, a leading financial and retail services company, is headquartered in Mexico (MX) and operates extensively across Latin America. Founded in 1950, the company has established itself as a key player in the consumer finance and retail sectors, offering a diverse range of products and services, including electronics, household appliances, and financial solutions. With a strong focus on underserved markets, Grupo Elektra is renowned for its unique business model that combines retail and banking services, making it a pioneer in the industry. The company has achieved significant milestones, including the expansion of its retail footprint and the development of innovative financial products. As a result, Grupo Elektra holds a prominent market position, recognised for its commitment to customer service and community development.
DitchCarbon Score
How does Grupo Elektra's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Grupo Elektra's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grupo Elektra's reported carbon emissions
In 2023, Grupo Elektra reported total carbon emissions of approximately 30,211,000 kg CO2e for Scope 1, 83,483,000 kg CO2e for Scope 2, and 286,000 kg CO2e for Scope 3. This reflects a commitment to reducing energy consumption through construction improvements, achieving an average annual reduction of about 29% in energy use per branch compared to standard branches lacking energy efficiency measures. These initiatives are part of their near-term targets for both Scope 1 and Scope 2 emissions, which are set to be realised by 2023. In 2022, the company recorded emissions of approximately 15,624,000 kg CO2e for Scope 1, 77,865,000 kg CO2e for Scope 2, and 3,281,000 kg CO2e for Scope 3. The data indicates a proactive approach to managing emissions, although specific reduction targets from the Science Based Targets initiative (SBTi) have not been established. Grupo Elektra's emissions data is not cascaded from any parent organisation, ensuring that their reported figures are independently sourced. The company continues to focus on enhancing energy efficiency across its operations, aligning with industry standards for climate action.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 27,653,300 | 00,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 14,298,000 | 0,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Grupo Elektra is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
