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.
0 vs industry average
Grupo Elektra’s score of 35 is higher than 50% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Grupo Elektra's reported carbon emissions
In 2023, Grupo Elektra reported total carbon emissions of approximately 30,000,000 kg CO2e from Scope 1, 83,483,000 kg CO2e from Scope 2, and 286,000 kg CO2e from Scope 3, resulting in a calculated total of approximately 113,769,000 kg CO2e. This represents a significant increase in emissions compared to previous years, particularly in Scope 2 emissions, which rose from 77,865,000 kg CO2e in 2022. The company has implemented energy efficiency measures, achieving a 29% reduction in energy consumption per branch, which translates to approximately 128 MWh saved annually. This initiative is part of their commitment to reducing emissions in both Scope 1 and Scope 2, with the target set for 2023. Grupo Elektra's emissions data is not cascaded from any parent organization, and they have not set specific Science-Based Targets Initiative (SBTi) reduction targets. The company continues to focus on improving energy efficiency as a key strategy in their climate commitments.
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Grupo Elektra’s Climate Goals (2030 & 2050)
2 goals2023
29% reduction in Scope 1
Construction improvements have reduced energy consumption by approximately 128 MWh per year per branch, which represents an average annual r…
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.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Grupo Elektra
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