Grupo Mexico
Grupo Mexico, officially known as Grupo México S.A.B. de C.V., is a leading player in the mining and transportation sectors, headquartered in Mexico City, MX. Founded in 1978, the company has established itself as a significant force in the global mining industry, particularly through its operations in copper production, which is complemented by its extensive rail and infrastructure services. With a strong presence in North America and Latin America, Grupo Mexico is renowned for its commitment to sustainable practices and innovation. The company’s core offerings include copper mining, rail freight services, and industrial infrastructure, setting it apart with a focus on efficiency and environmental responsibility. Notably, Grupo Mexico ranks among the largest copper producers worldwide, reflecting its robust market position and dedication to excellence in the mining sector.
DitchCarbon Score
How does Grupo Mexico'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 Metal Fabrication 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 Mexico's score of 50 is higher than 99% 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 Mexico's reported carbon emissions
In 2024, Grupo Mexico reported total carbon emissions of approximately 5,340,000,000 kg CO2e for Scope 1 and about 690,000,000 kg CO2e for Scope 2. The combined emissions for Scope 1 and 2 reached around 6,040,000,000 kg CO2e. Additionally, Scope 3 emissions were significant, with notable contributions from processing of sold products (approximately 2,968,000,000 kg CO2e) and purchased goods and services (about 2,235,000,000 kg CO2e). Grupo Mexico has set ambitious climate commitments, aiming to reduce its absolute emissions (Scope 1 and 2) by 15% by 2027, using 2018 as the baseline year. This target reflects a proactive approach to mitigating climate impact. Furthermore, the company has established a long-term goal of achieving net zero emissions for Scope 1 and 2 by 2050, again referencing 2018 emissions as the baseline. The company’s emissions intensity for steel production is reported at approximately 3,500 kg CO2e per tonne, indicating a focus on improving efficiency and reducing carbon output in its operations. These commitments and performance metrics position Grupo Mexico as a key player in the mining and metals industry, actively engaging in climate action and sustainability initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 5,080,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,290,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 |
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 Mexico is participating in some 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.
