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Grupo Elektra
Grupo Elektra, a leading financial and retail services company, is headquartered in Mexico (MX) and operates extensively across Latin America. Founded in 1950, the company has established itself as a key player in the consumer finance and retail sectors, offering a diverse range of products and services, including electronics, household appliances, and financial solutions. With a strong focus on underserved markets, Grupo Elektra is renowned for its unique business model that combines retail and banking services, making it a pioneer in the industry. The company has achieved significant milestones, including the expansion of its retail footprint and the development of innovative financial products. As a result, Grupo Elektra holds a prominent market position, recognised for its commitment to customer service and community development.
DitchCarbon Score
How does Grupo Elektra'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 Financial Intermediation 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
Grupo Elektra's score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grupo Elektra's reported carbon emissions
In 2023, Grupo Elektra reported total carbon emissions of approximately 30211000 kg CO2e for Scope 1, 83483000 kg CO2e for Scope 2, and 286000 kg CO2e for Scope 3. This data reflects a commitment to transparency in emissions reporting, with all scopes disclosed. Comparatively, in 2022, the company recorded emissions of about 15624000 kg CO2e for Scope 1, 77865000 kg CO2e for Scope 2, and 3281000 kg CO2e for Scope 3. Notably, the reduction initiatives implemented since 2022 have led to a significant decrease in energy consumption, achieving an average annual reduction of about 29% per branch, which translates to approximately 128 MWh saved annually. Grupo Elektra's climate commitments include ongoing improvements in construction and energy efficiency, which are expected to further reduce emissions in the near term. The company has not yet established Science-Based Targets Initiative (SBTi) targets, but it actively participates in the Carbon Disclosure Project (CDP) to enhance its sustainability practices. Overall, Grupo Elektra's emissions data and reduction initiatives demonstrate a proactive approach to managing its carbon footprint while striving for greater energy efficiency across its operations.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 27,653,300 | 00,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 14,298,000 | 0,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000 | 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.
Grupo Elektra is not participating in any of the initiatives that 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.
