Femsa Comercio S.A. de C.V. Sustainability Profile
Femsa Comercio S.A. de C.V., commonly referred to as Femsa, is a leading player in the retail and beverage industry, headquartered in Mexico. Established in 1890, the company has evolved significantly, expanding its operations across Mexico and Latin America. Femsa is renowned for its diverse portfolio, which includes OXXO convenience stores, drugstores, and logistics services, setting it apart with a focus on customer convenience and accessibility. With over 19,000 OXXO locations, Femsa Comercio has solidified its position as a market leader in the convenience store sector. The company’s commitment to innovation and sustainability has garnered numerous accolades, reflecting its dedication to enhancing the shopping experience while promoting responsible consumption. As a key contributor to the retail landscape, Femsa continues to shape the industry with its unique offerings and strategic growth initiatives.
DitchCarbon Score
How does Femsa Comercio 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
Femsa Comercio S.A. de C.V.'s score of 49 is higher than 69% 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 Comercio S.A. de C.V.'s reported carbon emissions
In 2024, Femsa Comercio S.A. de C.V. 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). In 2023, emissions were slightly lower at 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). The company 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, Femsa Comercio targets an 85% utilisation of renewable energy across its operations by 2030. The emissions data is cascaded from its parent company, Fomento Económico Mexicano, S.A.B. de C.V., reflecting the broader corporate family’s sustainability initiatives. Femsa Comercio has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. The company’s emissions intensity has shown a gradual decrease, with a reported intensity of 0.0027 kg CO2e per USD of revenue in 2024, down from 0.0025 kg CO2e in 2023.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 519,355,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 618,763,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Femsa Comercio S.A. de C.V.'s Industry?
How Carbon Intensive is Femsa Comercio S.A. de C.V.'s Location?
Femsa Comercio 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.
Femsa Comercio 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.
