Grupo Simec, S.A.B. de C.V. Sustainability Profile
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.
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.
Industry Benchmark
Grupo Simec, S.A.B. de C.V.'s score of 10 is lower than 65% 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 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.
How Carbon Intensive is Grupo Simec, S.A.B. de C.V.'s Industry?
How Carbon Intensive is Grupo Simec, S.A.B. de C.V.'s Location?
Grupo Simec, 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 Simec, 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.
