FEMSA
Fomento Económico Mexicano, S.A.B. de C.V. (commonly known as FEMSA) is a leading Mexican multinational corporation headquartered in Monterrey, Mexico. Established in 1890, FEMSA operates primarily in the beverage and retail sectors, with significant presence across Latin America and the United States. The company is renowned for its diverse portfolio, which includes Coca-Cola bottling operations, OXXO convenience stores, and logistics services. FEMSA's unique integration of beverage production and retail distribution sets it apart in the industry. With a strong market position, FEMSA has achieved notable milestones, including its recognition as one of the largest Coca-Cola bottlers globally. The company's commitment to sustainability and innovation further solidifies its reputation as a key player in the beverage and retail landscape.
DitchCarbon Score
How does FEMSA'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 Fuel Retail 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
FEMSA's score of 14 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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FEMSA's reported carbon emissions
In 2017, FEMSA reported total carbon emissions of approximately 1,177,584,000 kg CO2e from Scope 1 and 2, with an additional 16,227,000 kg CO2e from Scope 3, specifically related to business travel. This marked an increase from 2016, when emissions were about 1,050,751,000 kg CO2e for Scope 1 and 2 and 14,011,000 kg CO2e for Scope 3. In 2015, the company recorded emissions of approximately 1,266,732,000 kg CO2e for Scope 1 and 2, alongside 8,857,000 kg CO2e from Scope 3. FEMSA has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is sourced from Fomento Económico Mexicano, S.A.B. de C.V., and there are no indications of cascaded data from a parent organization. The company continues to monitor its carbon footprint, focusing on transparency in its emissions reporting.
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| 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | - | - | - | - |
| Scope 3 | 8,299,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
FEMSA 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.
