El Palacio de Hierro S.A. de C.V. Sustainability Profile
El Palacio de Hierro S.A. de C.V., commonly referred to as El Palacio de Hierro, is a prominent Mexican department store chain headquartered in Mexico City. Founded in 1891, the company has established itself as a leader in the retail industry, offering a diverse range of luxury goods, including fashion, beauty products, and home furnishings. With a strong presence in major operational regions across Mexico, El Palacio de Hierro is renowned for its unique shopping experience, combining high-quality products with exceptional customer service. The brand has achieved notable milestones, including the expansion of its flagship stores and the introduction of exclusive designer collaborations. As a key player in the luxury retail market, El Palacio de Hierro continues to set trends and elevate the shopping experience for its discerning clientele.
DitchCarbon Score
How does El Palacio de Hierro S.A. de C.V.'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 Retail Trade 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
El Palacio de Hierro S.A. de C.V.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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El Palacio de Hierro S.A. de C.V., headquartered in Mexico, currently does not report specific carbon emissions data for the latest year, as indicated by the absence of emissions figures. The company is a current subsidiary of Grupo Palacio de Hierro, S.A.B. de C.V., which may influence its climate commitments and reporting practices. Despite the lack of specific emissions data, El Palacio de Hierro is part of a broader corporate family that may have established climate initiatives. However, there are no documented reduction targets or climate pledges available for this subsidiary. The absence of specific targets suggests that El Palacio de Hierro may still be in the process of developing its climate strategy or aligning with the sustainability goals set by its parent company. As a current subsidiary, any potential climate commitments or emissions data would likely be cascaded from Grupo Palacio de Hierro, S.A.B. de C.V. However, without explicit information on these initiatives or targets, it is challenging to provide a detailed overview of their climate commitments. In summary, while El Palacio de Hierro S.A. de C.V. does not currently report emissions data or specific reduction targets, its relationship with Grupo Palacio de Hierro may play a role in shaping its future climate strategies.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 4,427,140 | 0,000,000 |
| Scope 2 | 9,413,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is El Palacio de Hierro S.A. de C.V.'s Industry?
How Carbon Intensive is El Palacio de Hierro S.A. de C.V.'s Location?
El Palacio de Hierro S.A. de C.V.'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.
El Palacio de Hierro S.A. de C.V. 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.
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