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Grupo Carso, officially known as Grupo Carso S.A.B. de C.V., is a prominent Mexican conglomerate with its headquarters strategically located in Mexico. Founded in 1980, this diversified entity has grown into a significant player across various sectors.
Primarily, Grupo Carso operates within the crucial industry of insurance and pension funding services, specifically excluding compulsory social security services (NAICS 66). This focus allows them to offer comprehensive financial protection and wealth management solutions.
Beyond financial services, Grupo Carso boasts a broad portfolio encompassing retail, industrial, and infrastructure businesses, making it a multifaceted economic force in Mexico and beyond. Their unique blend of services and strategic investments solidifies their market position as a leading diversified group.
33
DitchCarbon score
-6 vs industry average
Grupo Carso’s score of 33 is lower than 45% 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
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Grupo Carso's reported carbon emissions
In 2023, Grupo Carso reported total emissions of approximately 4.6 billion kg CO2e, comprising 3.6 billion kg CO2e from Scope 1 and about 1.0 billion kg CO2e from Scope 2 emissions. Notably, the company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 30% from a 2020 baseline by 2030. Additionally, Grupo Carso targets near-zero emissions for both Scope 1 and Scope 2 by 2025.
The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. These commitments reflect Grupo Carso's proactive approach to addressing climate change and aligning with industry standards for sustainability.
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Grupo Carso’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Grupo Carso1 year ago
33
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