Climate Change Data

Fomento Económico Mexicano, S.A.B. de C.V.

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:623,808 tCO2e/year (avoided)
Renewable Energy Share:73% (Mexico)

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Social Contributions
  • Water Management
  • Renewable Energy
  • Sustainable Development
  • Employee Well-being
  • Community Engagement
  • Supplier Sustainability
  • Diversity & Inclusion
  • Corporate Governance

Environmental Achievements

  • 73% of electricity needs in Mexico came from clean sources by year-end 2019, avoiding 623,808 tons of CO2e emissions per year.
  • Reduced plastic bag use in Mexico by 35% compared to 2018.
  • OXXO employee uniforms manufactured with 50% recycled PET fiber.
  • Coca-Cola FEMSA redesigned PET bottles to be lighter and use higher percentages of recycled material.
  • AlPunto opened a recycling facility with the capacity to recover up to 60,000 end-of-life refrigerators per year.
  • Coca-Cola FEMSA increased use of recycled PET from 21% to 23.7% in 2019.
  • Coca-Cola FEMSA expanded clean energy use in manufacturing facilities from 50% to 70.7%.
  • Improved water-use ratio per liter of beverage produced from 1.58 liters to 1.52 liters.
  • Solistica reduced waste generation by 9% and recycled 44% of waste generated.
  • Solistica avoided 281,975 tons of CO2 emissions through route optimization.
  • PTM recovered more than 30,000 tons of plastic annually, using recycled materials for 90% of its products.

Social Achievements

  • FEMSA Comercio created 21,000+ new jobs in 2019.
  • OXXO Customer Ticket Round-Up collected Ps. 79.0 million (US$ 4.2 million) for local charities.
  • FEMSA Comercio employs 198,000+ people, 57% of whom are women.
  • Coca-Cola FEMSA benefited 7.2 million people with its healthy habits and nutrition program since 2015.
  • FEMSA Foundation directly and indirectly impacted the lives of millions of people in Latin America.
  • Solistica provided 517,470 hours of training and created more than 20,000 jobs.
  • OXXO GAS won the Labor Inclusion award from ONEXPO.
  • OXXO GAS delivered school supplies to 4,200 children of employees and awarded scholarships.

Governance Achievements

  • FEMSA complies with laws in all operating countries and relevant standards (Mexican Securities Law, Sarbanes-Oxley Act, Mexican Code of Best Practices).
  • Established a Code of Ethics and FEMSA Supplier Guiding Principles.
  • Board of Directors comprised of 20 directors, with at least 25% independent members.

Climate Goals & Targets

Medium-term Goals:
  • Achieve Zero Waste to Landfill (ZWL) status for all FEMSA operations and facility processes by 2030.
Short-term Goals:
  • Source at least 85% of operational electricity demand in Mexico from renewable sources by 2020.

Environmental Challenges

  • Increased competition in the retail fuel market in Mexico.
  • Economic challenges in some Latin American markets.
  • Supply chain disruptions.
  • Climate change impacts.
Mitigation Strategies
  • Investing in customer service and technology to differentiate OXXO GAS.
  • Adapting portfolio and affordability initiatives to changing market conditions.
  • Implementing Fuel 4 Growth program to create a leaner and more agile organization.
  • Expanding use of renewable energy and implementing sustainable mobility programs.
  • Developing alternative sourcing strategies.

Supply Chain Management

Supplier Audits: 531 supplier evaluations (Coca-Cola FEMSA)

Responsible Procurement
  • FEMSA Supplier Guiding Principles
  • Local sourcing (87% of procurement budget)

Climate-Related Risks & Opportunities

Opportunities
  • Expanding use of renewable energy

Reporting Standards

Frameworks Used: GRI, UN Global Compact, Sustainable Development Goals

Certifications: ISO 9001-2015, ISO 39001-2001, ISO 14001-2015

UN Sustainable Development Goals

  • Goal 6 (Clean Water and Sanitation)
  • Goal 7 (Affordable and Clean Energy)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

FEMSA's initiatives contribute to these goals through water management, renewable energy, job creation, circular economy practices, and climate change mitigation.

Sustainable Products & Innovation

  • Redesigned PET bottles
  • Eco-friendly R290 refrigerant in Imbera coolers

Awards & Recognition

  • Dow Jones Sustainability Emerging Markets Index (7 consecutive years)
  • Dow Jones Sustainability MILA Pacific Alliance Index (3 consecutive years)
  • Transporte Limpio award (9 consecutive years)