- Climate change risks (physical and transition)
- Supply chain disruptions
El Palacio de Hierro, S.A. de C.V.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, El Palacio de Hierro, S.A. de C.V. disclosed greenhouse gas emissions of 18.2K tCO2e (Scope 1 and 2). By scope: Scope 1: 9.4K tCO2e; Scope 2: 8.8K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
18.2K tCO2e (Scope 1 and 2)
2022
Renewable Energy
82.32%
of total energy
Waste
1.9M kg (organic recyclable inorganic non-recyclable inorganic special handling hazardous)
2022
Energy Use
122.4K MWh
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 9.4K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 8.8K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 18.2K tCO2e (Scope 1 and 2) |
| 2020 | 62.0K tCO2e/year (reduction) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 82.32% of electricity from renewable sources (primarily wind energy)
- 75% of the operational fleet consisted of hybrid vehicles
- Achieved EDGE certification for El Palacio de Hierro Coyoacán
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption by 2% in 2023 compared to 2022
- Complete the second phase of compliance with the grid code
- Include Acapulco and Antara stores in the renewable energy project
- Define emission reduction targets for Scope 1 and 2
- Begin accounting for Scope 3 emissions
📅 Medium-term
- Obtain LEED Gold certification for Centro Coyoacán by 2025
- Develop a plan for building certification under ESG criteria
🔭 Long-term
- Achieve Science Based Targets (SBTi) validated emission reduction goals
🌱 ESG Focus Areas
EnvironmentalSocialGovernance