Femsa Comercio S.A. de C.V., a prominent player in the retail trade services sector, is headquartered in Mexico (MX) and operates extensively across Latin America. Founded in 1890, the company has evolved significantly, establishing itself as a leader in the retail industry, particularly in convenience store formats and drugstores.
Specialising in retail trade services, excluding motor vehicles and motorcycles, Femsa Comercio offers a diverse range of products, including groceries, personal care items, and household goods. Its unique approach to customer service and innovative store formats has set it apart in a competitive market.
With a strong market position, Femsa Comercio has achieved notable milestones, including the expansion of its OXXO convenience store chain, which has become a household name in Mexico. The company's commitment to quality and customer satisfaction continues to drive its success in the retail landscape.
-1 vs industry average
Femsa Comercio S.A. de C.V.’s score of 34 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Femsa Comercio S.A. de C.V.'s reported carbon emissions
Femsa Comercio S.A. de C.V., headquartered in Mexico, operating in the retail trade services industry, has reported significant carbon emissions. In 2024, their Scope 1 emissions totalled approximately 1,003,012,000 kg CO2e, with Scope 2 (market-based) emissions at about 444,618,000 kg CO2e. This resulted in combined Scope 1 and 2 emissions of approximately 1,447,630,000 kg CO2e for the year. For 2023, Femsa Comercio's Scope 1 emissions were approximately 1,017,510,000 kg CO2e and Scope 2 (market-based) emissions were around 457,180,000 kg CO2e, bringing their combined Scope 1 and 2 total to approximately 1,474,689,000 kg CO2e. In 2022, the company's Scope 1 emissions stood at approximately 1,258,178,000 kg CO2e, with Scope 2 (market-based) emissions at about 474,530,000 kg CO2e, for a combined Scope 1 and 2 total of approximately 1,732,708,000 kg CO2e. Looking further back, in 2021, Scope 1 emissions were approximately 1,133,191,000 kg CO2e and Scope 2 (market-based) emissions were around 406,258,000 kg CO2e, leading to combined Scope 1 and 2 emissions of approximately 1,539,449,000 kg CO2e. In 2020, Scope 1 emissions were approximately 496,138,000 kg CO2e, and Scope 2 emissions were about 452,326,000 kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 948,464,000 kg CO2e. For 2019, Scope 1 emissions were approximately 519,355,000 kg CO2e, and Scope 2 emissions were about 618,763,000 kg CO2e, making the combined Scope 1 and 2 total approximately 1,138,118,000 kg CO2e. Femsa Comercio is committed to reducing its environmental impact. The company has set a near-term target to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, using 2015 as a baseline year. Additionally, Femsa Comercio aims for 85% utilisation of renewable energy in all its operations by 2030. It is important to note that this data is cascaded. Femsa Comercio S.A. de C.V. is a current subsidiary of Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), as indicated by its reporting of CDP data from this ultimate parent organisation. The provided emissions data originates from Femsa Comercio S.A. de C.V. directly. Scope 3 emissions data for purchased goods and services, and upstream transportation and distribution, are noted as missing.
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Femsa Comercio S.A. de C.V.’s Climate Goals (2030 & 2050)
2 goals2030
50% reduction in Scope 1
Reduce absolute scope 1 and 2 GHG emissions from our operations by 50% by 2030, compared with a 2015 baseline year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from Fomento Económico Mexicano, S.A.B. de C.V.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Femsa Comercio S.A. de C.V.
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