FEMSA Sustainability Profile
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 41 is higher than 81% 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 1,443,000,000 kg CO2e, comprising 1,003,012,000 kg CO2e from Scope 1 and 444,618,000 kg CO2e from Scope 2 (market-based). The previous year, 2023, saw total emissions of about 1,474,689,000 kg CO2e, with Scope 1 emissions at 1,017,510,000 kg CO2e and Scope 2 emissions at 457,180,000 kg CO2e (market-based). FEMSA has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges, which may limit its ability to demonstrate commitment to long-term sustainability goals. The emissions intensity for FEMSA in 2024 was approximately 0.0027 tonnes CO2e per million USD in sales, reflecting a slight increase from 0.0025 tonnes CO2e in 2023 and 0.0021 tonnes CO2e in 2022. This trend suggests a need for enhanced strategies to reduce emissions relative to revenue growth. FEMSA's emissions data is sourced from its parent company, Fomento Económico Mexicano, S.A.B. de C.V., and does not appear to be cascaded from any other corporate family relationships. As the company continues to grow, addressing its carbon footprint will be crucial for aligning with global climate commitments and enhancing its sustainability profile.
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| 2014 | 2015 | 2016 | 2017 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 8,299,000 | 0,000,000 | 00,000,000 | 00,000,000 | - | - | - |
How Carbon Intensive is FEMSA's Industry?
How Carbon Intensive is FEMSA's Location?
FEMSA's Scope 3 Categories Breakdown
FEMSA's Scope 3 emissions, which increased by 16% last year and increased by approximately 96% since 2014, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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FEMSA'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.
FEMSA 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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