Grupo Mexico
Grupo Mexico, officially known as Grupo México S.A.B. de C.V., is a leading player in the mining and transportation sectors, headquartered in Mexico City, MX. Founded in 1978, the company has established itself as a significant force in the global mining industry, particularly through its operations in copper production, which is complemented by its extensive rail and infrastructure services. With a strong presence in North America and Latin America, Grupo Mexico is renowned for its commitment to sustainable practices and innovation. The company’s core offerings include copper mining, rail freight services, and industrial infrastructure, setting it apart with a focus on efficiency and environmental responsibility. Notably, Grupo Mexico ranks among the largest copper producers worldwide, reflecting its robust market position and dedication to excellence in the mining sector.
DitchCarbon Score
How does Grupo Mexico'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 Metal Fabrication 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 Mexico's score of 26 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grupo Mexico's reported carbon emissions
In 2023, Grupo Mexico reported total carbon emissions of approximately 14,287,000,000 kg CO2e. This figure includes 4,950,000,000 kg CO2e from Scope 1 emissions, 840,000,000 kg CO2e from Scope 2 emissions, and 8,504,596,000 kg CO2e from Scope 3 emissions. The company has disclosed emissions data across all three scopes, highlighting its comprehensive approach to carbon accounting. Over the years, Grupo Mexico has shown a trend in its emissions data. For instance, in 2022, the total emissions were about 6,010,000,000 kg CO2e, with Scope 1 and 2 emissions at 5,970,000,000 kg CO2e. This indicates a significant increase in emissions in 2023 compared to the previous year. Despite the lack of specific reduction targets or initiatives disclosed, Grupo Mexico's emissions intensity for iron and steel production has been reported at approximately 3,600 kg CO2e per tonne, reflecting the company's ongoing efforts to monitor and manage its carbon footprint. The absence of formal climate pledges or science-based targets suggests that while the company is tracking its emissions, it may need to establish clearer commitments to reduce its carbon impact in line with global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,080,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,290,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 |
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 Mexico is not committed to any reduction initiatives 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.
