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Industrias Peñoles S.A. de C.V., commonly known as Peñoles, is a leading player in the chemical and fertilizer minerals sector, headquartered in Mexico (MX). Established in 1887, the company has a rich history marked by significant milestones in mining and quarrying, particularly in the extraction of salt and other non-explosive minerals.
With operations primarily in Mexico, Peñoles focuses on producing high-quality chemical products, including sulphuric acid, sodium sulphate, and various fertilisers. Their commitment to innovation and sustainability sets them apart in the industry, ensuring they meet the evolving needs of their clients. Recognised for their market leadership, Peñoles continues to excel in providing essential materials that support agricultural and industrial applications, solidifying their position as a trusted name in the mining sector.
+10 vs industry average
Industrias Penoles Sa De Cv’s score of 28 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Salt and Mineral Mining has above-average carbon intensity
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Industrias Penoles Sa De Cv, a Mexican company in the chemical and fertilizer minerals, salt and other mining and quarrying products n.e.c. industry, reported total Scope 1 and Scope 2 emissions of approximately 2.34 billion kg CO2e in 2024. This includes about 1.20 billion kg CO2e from Scope 1 emissions (primarily mobile combustion) and approximately 1.14 billion kg CO2e from Scope 2 emissions (from purchased electricity).
The company has set several climate commitments. For Scope 1 emissions, Industrias Penoles Sa De Cv aims to achieve net-zero by 2050 and has a near-term target to reduce absolute Scope 1 emissions by 30% by 2030, using a 2020 baseline. For Scope 2 emissions, the company also targets net-zero by 2050 and plans to reduce absolute Scope 2 emissions by 30% by 2030, from a 2020 baseline. A key initiative to achieve these reductions is increasing the proportion of electricity consumed from clean sources, with a goal of reaching 100% clean electricity by 2028.
In terms of recent performance, Industrias Penoles Sa De Cv reported a 24.2% reduction in combined Scope 1 and Scope 2 GHG emissions in 2024 compared to its 2022 baseline. The company's emissions data for 2023 were approximately 2.65 billion kg CO2e (1.22 billion kg CO2e Scope 1 and 1.43 billion kg CO2e Scope 2) and in 2022 were approximately 3.08 billion kg CO2e (1.35 billion kg CO2e Scope 1 and 1.74 billion kg CO2e Scope 2). It should be noted that the company does not currently disclose Scope 3 emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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