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 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 26 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grupo Mexico's reported carbon emissions
In 2023, Grupo Mexico reported total carbon emissions of approximately 14,287,000,000 kg CO2e. This figure includes 4,950,000,000 kg CO2e from Scope 1 emissions, 840,000,000 kg CO2e from Scope 2 emissions, and a significant 8,504,596,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (2,373,550,000 kg CO2e) and processing of sold products (2,889,878,000 kg CO2e). Over the years, Grupo Mexico's emissions have shown fluctuations. In 2022, the company emitted approximately 6,010,000,000 kg CO2e (4,970,000,000 kg CO2e from Scope 1 and 1,040,000,000 kg CO2e from Scope 2). In 2021, emissions were about 5,760,000,000 kg CO2e, with 4,940,000,000 kg CO2e from Scope 1 and 830,000,000 kg CO2e from Scope 2. The trend indicates a gradual increase in total emissions, particularly in Scope 3. Despite these figures, Grupo Mexico has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction commitments suggests a need for enhanced transparency and accountability in their climate strategy. As the company continues to operate in the mining and energy sectors, addressing emissions, particularly in Scope 3, will be crucial for aligning with global climate goals.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,080,000,000 | 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 |
| 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 committed to some reduction initiatives 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.
