Grupo Modelo, S.A.B. de C.V. Sustainability Profile
Grupo Modelo, S.A.B. de C.V., a prominent player in the brewing industry, is headquartered in Mexico City, Mexico. Founded in 1925, the company has established itself as a leader in the production and distribution of beer, with a strong presence across Latin America and the United States. Renowned for its flagship brand, Corona, along with other popular labels such as Modelo Especial and Pacifico, Grupo Modelo is celebrated for its commitment to quality and innovation. The company has achieved significant milestones, including its acquisition by Anheuser-Busch InBev in 2013, further solidifying its market position. With a diverse portfolio and a focus on sustainable practices, Grupo Modelo continues to thrive in the competitive beverage sector, making it a key player in the global beer market.
DitchCarbon Score
How does Grupo Modelo, S.A.B. de C.V.'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 Beverage Manufacturing 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 Modelo, S.A.B. de C.V.'s score of 90 is higher than 95% 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 Modelo, S.A.B. de C.V., headquartered in Mexico, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Anheuser-Busch InBev SA/NV, which influences its climate commitments and emissions reporting. As part of its climate strategy, Grupo Modelo inherits reduction initiatives and targets from its parent company, Anheuser-Busch InBev. This includes participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all aimed at reducing carbon emissions and promoting sustainability within the beverage industry. However, specific reduction targets or achievements for Grupo Modelo have not been disclosed. The company is committed to aligning its operations with industry standards for climate action, although detailed emissions data and specific reduction targets are not currently available. As a subsidiary, Grupo Modelo's climate commitments are closely tied to the overarching goals set by Anheuser-Busch InBev, reflecting a collective effort towards reducing carbon footprints across their global operations.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Grupo Modelo, S.A.B. de C.V.'s Industry?
How Carbon Intensive is Grupo Modelo, S.A.B. de C.V.'s Location?
Grupo Modelo, S.A.B. de C.V.'s Scope 3 Categories Breakdown
Grupo Modelo, S.A.B. de C.V.'s Scope 3 emissions, which decreased by 9% last year and decreased by approximately 15% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Top Scope 3 Categories
Grupo Modelo, S.A.B. de C.V.'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 Modelo, S.A.B. de C.V. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
