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 59 is higher than 98% 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 2023, Grupo Mexico reported total carbon emissions of approximately 14,287,000,000 kg CO2e, comprising 4,950,000,000 kg CO2e from Scope 1, 840,000,000 kg CO2e from Scope 2, and 8,504,596,000 kg CO2e from Scope 3 emissions. This indicates a significant reliance on upstream activities, as evidenced by the substantial Scope 3 emissions. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Grupo Mexico is aware of its emissions, it may not have formalised strategies in place to achieve specific climate goals. In previous years, emissions have fluctuated, with a total of 5,760,000,000 kg CO2e reported in 2021, indicating a potential trend towards stabilisation or reduction in emissions. However, without clear targets or a structured climate pledge, the effectiveness of these efforts remains uncertain. Overall, Grupo Mexico's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in the context of its operational and supply chain activities. The company’s future climate commitments will be crucial in determining its impact on global climate change.
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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 |
| Scope 2 | 1,290,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000 |
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.
