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 28 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
FEMSA's reported carbon emissions
In 2023, FEMSA reported total carbon emissions of approximately 1,017,510,000 kg CO2e, with Scope 1 emissions accounting for about 1,017,510,000 kg CO2e and Scope 2 emissions at approximately 457,180,000 kg CO2e. The company has shown a significant reduction in emissions over the years, with total emissions decreasing from about 1,559,559,000 kg CO2e in 2018 to the current figure. FEMSA's emissions profile includes Scope 1 emissions primarily from mobile combustion, which totalled approximately 572,381,000 kg CO2e in 2023. The company has also disclosed Scope 3 emissions, which were approximately 9,369,000 kg CO2e in 2022, indicating a commitment to transparency across all emission scopes. Despite the reductions, FEMSA has not set specific reduction targets or climate pledges as per the latest data. The company continues to focus on improving its emissions intensity, which was reported at 0.0025 tCO2e per unit of revenue in 2022. Overall, FEMSA's ongoing efforts reflect a commitment to addressing climate change and reducing its carbon footprint in the beverage industry.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| 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 |
| Scope 2 | 968,959,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 00,000,000 | - | 0,000,000 | 0,000,000 | - |
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 committed to any reduction initiatives 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.
