Grupo Elektra Sustainability Profile
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 43 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Grupo Elektra's reported carbon emissions
In 2023, Grupo Elektra reported total carbon emissions of approximately 30,211,000 kg CO2e for Scope 1, 83,483,000 kg CO2e for Scope 2, and 286,000 kg CO2e for Scope 3 on a global scale. In Mexico, the company disclosed Scope 3 emissions of about 277,350 kg CO2e. Notably, the company has implemented construction improvements that have led to a significant reduction in energy consumption, achieving an average annual reduction of about 29% in energy use per branch compared to standard branches, which is expected to contribute to lower Scope 1 and Scope 2 emissions. Grupo Elektra's climate commitments include a focus on energy efficiency measures, as evidenced by their Energy Seal initiative, which aims to enhance sustainability across their operations. While specific Science-Based Targets Initiative (SBTi) targets have not been reported, the company is actively working towards reducing its greenhouse gas emissions through various initiatives. The emissions data is not cascaded from any parent organization, indicating that Grupo Elektra, S.A.B. de C.V. independently reports its performance.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
How Carbon Intensive is Grupo Elektra's Industry?
How Carbon Intensive is Grupo Elektra's Location?
Grupo Elektra'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.
Grupo Elektra 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.
