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Public Profile
Iron and Steel Production
MX
updated 5 months ago

Grupo Simec, S.A.B. de C.V.

Company website

Grupo Simec, S.A.B. de C.V., commonly referred to as Grupo Simec, is a leading player in the steel and metal industry, headquartered in Mexico. Established in 1965, the company has grown to become a significant force in the production of high-quality steel products, serving various sectors including construction, automotive, and manufacturing. With major operations across Mexico and the United States, Grupo Simec is renowned for its innovative approach to steel manufacturing, offering a diverse range of products such as structural steel, flat-rolled steel, and special steel grades. The company’s commitment to quality and sustainability has positioned it as a trusted supplier in the market, achieving notable milestones in production efficiency and environmental responsibility. As a result, Grupo Simec continues to strengthen its market position, contributing to the advancement of the steel industry in North America.

DitchCarbon Score

How does Grupo Simec, 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.

7

Industry Average

Mean score of companies in the Iron and Steel Production 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.

9

Industry Benchmark

Grupo Simec, S.A.B. de C.V.'s score of 7 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

26%

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Grupo Simec, S.A.B. de C.V.'s reported carbon emissions

Grupo Simec, S.A.B. de C.V., headquartered in Mexico, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. It is important to note that Grupo Simec is a current subsidiary and may inherit emissions data and climate commitments from its parent organisation. However, no specific details regarding such cascaded data or initiatives from the parent company have been provided. As a result, Grupo Simec's climate commitments and emissions performance remain unclear, highlighting a potential area for improvement in transparency and accountability regarding their environmental impact.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grupo Simec, S.A.B. de C.V.'s primary industry is Basic iron and steel and of ferro-alloys and first products thereof, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Grupo Simec, S.A.B. de C.V. is in MX, which has a medium grid carbon intensity relative to other regions.

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 Simec, S.A.B. de C.V. is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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