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 39 is higher than 93% 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 2024, FEMSA reported total carbon emissions of approximately 1,447,630,000 kg CO2e, with Scope 1 emissions accounting for about 1,003,012,000 kg CO2e and Scope 2 emissions at approximately 444,618,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 1,474,689,000 kg CO2e, with Scope 1 at approximately 1,017,510,000 kg CO2e and Scope 2 at around 457,180,000 kg CO2e. FEMSA has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using a 2015 baseline. Additionally, the company targets an 85% utilisation of renewable energy across all operations by 2030. These initiatives reflect FEMSA's commitment to sustainability and reducing its carbon footprint in alignment with global climate goals. The company's emissions intensity has shown a gradual improvement, with emissions per unit of revenue decreasing from 0.0566 in 2022 to 0.0355 in 2023, indicating a more efficient operation over time. FEMSA's proactive approach to managing its carbon emissions positions it as a responsible player in the beverage and retail industry, headquartered in Mexico (MX).
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 536,998,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 968,959,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
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.
