Coca Cola Femsa Sab De Cv Sustainability Profile
Coca-Cola FEMSA, S.A.B. de C.V., commonly referred to as Coca-Cola FEMSA, is a leading beverage company headquartered in Mexico. Established in 1979, it has grown to become one of the largest bottlers of Coca-Cola products in the world, with significant operations across Latin America, including countries such as Brazil, Argentina, and Colombia. The company operates within the beverage industry, focusing primarily on the production, distribution, and marketing of non-alcoholic beverages. Coca-Cola FEMSA's core product offerings include a diverse range of soft drinks, juices, and water, distinguished by their commitment to quality and sustainability. Notably, the company has achieved recognition for its innovative practices and strong market position, consistently ranking among the top bottlers globally.
DitchCarbon Score
How does Coca Cola Femsa Sab De Cv'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 Beverage Manufacturing 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
Coca Cola Femsa Sab De Cv's score of 63 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coca Cola Femsa Sab De Cv's reported carbon emissions
In 2024, Coca-Cola FEMSA, headquartered in Mexico, reported total carbon emissions of approximately 3,586,940,000 kg CO2e. This figure includes Scope 1 emissions of about 596,520,000 kg CO2e, Scope 2 emissions of approximately 25,930,000 kg CO2e, and significant Scope 3 emissions totalling around 2,964,490,000 kg CO2e. The Scope 3 emissions breakdown reveals that downstream leased assets contributed about 756,260,000 kg CO2e, while purchased goods and services accounted for approximately 2,012,780,000 kg CO2e. Coca-Cola FEMSA has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% and Scope 3 emissions by 20% by 2030, using 2015 as the baseline year. Additionally, the company plans to increase its annual sourcing of renewable electricity from 8.7% in 2015 to 100% by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C. In summary, Coca-Cola FEMSA is actively working towards significant emissions reductions and renewable energy sourcing, reflecting its commitment to addressing climate change and enhancing sustainability within its operations.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 567,850,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 50,990,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,279,790,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Coca Cola Femsa Sab De Cv's Industry?
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Coca Cola Femsa Sab De Cv's Scope 3 Categories Breakdown
Coca Cola Femsa Sab De Cv's Scope 3 emissions, which increased by 4% last year and decreased by approximately 10% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
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Coca Cola Femsa Sab De Cv'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.
Coca Cola Femsa Sab De Cv has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Coca Cola Femsa Sab De Cv's sustainability data and climate commitments