Axtel Sustainability Profile
Axtel, officially known as Axtel S.A.B. de C.V., is a prominent telecommunications provider headquartered in Monterrey, Mexico. Established in 1994, the company has significantly evolved, expanding its operations across major regions in Mexico. Axtel operates primarily in the telecommunications industry, offering a diverse range of services including voice, data, and IT solutions tailored for both residential and business clients. Renowned for its innovative approach, Axtel distinguishes itself with unique products such as its high-speed fibre-optic internet and integrated communication solutions. The company has achieved notable milestones, positioning itself as a key player in the Mexican market, recognised for its commitment to quality and customer service. With a focus on technological advancement, Axtel continues to enhance its service offerings, solidifying its reputation as a leader in the telecommunications sector.
DitchCarbon Score
How does Axtel'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 Telecommunications Services 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
Axtel's score of 43 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Axtel's reported carbon emissions
In 2023, Axtel, headquartered in Mexico (MX), reported total carbon emissions of approximately 39,725,000 kg CO2e. This figure includes Scope 1 emissions of about 4,895,000 kg CO2e, Scope 2 emissions of approximately 503,000 kg CO2e, and Scope 3 emissions of around 1,218,000 kg CO2e, with business travel contributing about 924,000 kg CO2e to the total. Axtel has set ambitious climate commitments, aiming for a reduction of Scope 1 and 2 emissions by at least 41.5% by the end of 2027, using 2020 levels as a baseline. This target reflects the company's commitment to sustainability and aligns with industry standards for climate action. The emissions data for Axtel is cascaded from its parent company, Axtel, S.A.B. de C.V., ensuring that the reported figures are consistent with the corporate family's overall climate strategy. Axtel's ongoing efforts to monitor and reduce its carbon footprint demonstrate a proactive approach to addressing climate change within the telecommunications sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,324,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 69,519,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 1,204,000 | 0,000,000 | - | - | 0,000,000 |
How Carbon Intensive is Axtel's Industry?
How Carbon Intensive is Axtel's Location?
Axtel's Scope 3 Categories Breakdown
Axtel's Scope 3 emissions, which increased by 18% last year and increased by approximately 1% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 18% of total emissions under the GHG Protocol, with "Business Travel" being the primary emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Axtel's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Axtel has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
