Grupo Mexico Sustainability Profile
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 56 is higher than 76% 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 690,000,000 kg CO2e for Scope 2. The combined emissions for Scope 1 and 2 amounted to about 6,040,000,000 kg CO2e. Additionally, Scope 3 emissions were significant, with notable contributions from 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). Comparatively, in 2023, the company reported Scope 1 emissions of about 4,950,000,000 kg CO2e and Scope 2 emissions of approximately 840,000,000 kg CO2e, leading to a total of around 5,780,000,000 kg CO2e for Scope 1 and 2 combined. Grupo Mexico has set ambitious climate commitments, aiming for a 15% reduction in absolute emissions (Scope 1 and 2) by 2027, using 2018 as the baseline year. Furthermore, the company has long-term goals to achieve net zero emissions for Scope 1 and 2 by 2050, also based on 2018 emissions levels. In the medium term, they aim for a 35% reduction in absolute emissions by 2035. The emissions data is sourced directly from Grupo Mexico, S.A.B. de C.V., with no cascading from a parent organization. The company is actively working towards its climate targets, reflecting a commitment to sustainability and reducing its carbon footprint in the mining and metals industry.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,560,000,000 | - | - | - | - | - | - | - | 0,000,000,000 |
How Carbon Intensive is Grupo Mexico's Industry?
How Carbon Intensive is Grupo Mexico's Location?
Grupo Mexico's Scope 3 Categories Breakdown
Grupo Mexico's Scope 3 emissions, which increased by 113% last year and increased by approximately 113% since 2016, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 56% of total emissions under the GHG Protocol, with "Processing of Sold Products" being the largest emissions source at 39% of Scope 3 emissions.
Top Scope 3 Categories
Grupo Mexico's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Grupo Mexico has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
