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 60 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 6,040,000,000 kg CO2e from Scope 1 and 2 combined. Specifically, Scope 1 emissions accounted for about 5,340,000,000 kg CO2e, while Scope 2 emissions totalled approximately 690,000,000 kg CO2e. The company also disclosed significant Scope 3 emissions, amounting to about 8,504,596,000 kg CO2e, which includes categories such as purchased goods and services (approximately 2,235,000,000 kg CO2e) and processing of sold products (approximately 2,968,000,000 kg CO2e). For 2023, Grupo Mexico's total emissions were reported at approximately 14,287,000,000 kg CO2e, with Scope 1 emissions at about 4,950,000,000 kg CO2e and Scope 2 emissions at approximately 840,000,000 kg CO2e. The Scope 3 emissions for that year were around 8,504,596,000 kg CO2e. Grupo Mexico has set ambitious reduction targets, aiming to decrease its absolute Scope 1 and 2 emissions by 15% by 2027, using 2018 as the baseline year. Furthermore, the company plans to achieve a 35% reduction in these emissions by 2035. These commitments reflect the company's proactive approach to addressing climate change and reducing its carbon footprint in the mining and metals industry.
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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 | 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.
