ALFA, S.A.B. de C.V.

Greenhouse gas emissions & sustainability report data

๐Ÿ“Š Latest report period: 2024-01 to 2024-03๐Ÿ—‚๏ธ Report periods on file: 2024-01 to 2024-03, 2023, 2022, 2021-07-01 to 2021-09-30

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.

๐Ÿ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
20232.65 tCO2e x 10โถ (2023)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

โœ… Reported Environmental Achievements

๐ŸŽฏ Climate & Sustainability Targets

๐Ÿ”œ Short-term

  • Sigma: Reduce carbon footprint in operations by 20%; Reduce 20% of Scope 1 and 2 emissions, and 9.8% of Scope 3 emissions by 2027 (2019 baseline); Achieve 20% greater efficiency in responsible water management; Ensure that 67% of operations energy consumption comes from cleaner energy sources; Create packaging solutions that move the Company towards a circular economy; Responsibly source at least 80% of meat, dairy, and packaging purchases; Donate at least 25,000 tons of food; Reduce accident rate by 22%; Increase the average number of training hours per talent segment by 11%; Double sales of the health and Wellness product portfolio (2019 baseline).
  • Alpek: Increase PET bottle recycling capacity to 300,000 tons by 2025; Increase the long-term sustainable use and applications of EPS, working on the development of biodegradable alternatives, and increasing recycled content in selected products to at least 30% by 2030; Evaluate opportunities to reduce water consumption intensity; Reduce potential pollution sources from processes and products; Seek to be in the industry's top decile in Total Recordable Incident Rate (TRIR) for team members' and contractors' safety; Achieve a more sustainable value chain (suppliers and customers).

๐Ÿ“… Medium-term

  • Alpek: Reduce 27.5% of Scope 1 and 2 emissions, and 13.5% of Scope 3 emissions by 2030 (2019 baseline); Carbon neutrality by 2050.

๐Ÿ”ญ Long-term

  • Alpek: Carbon neutrality by 2050

๐ŸŒฑ ESG Focus Areas

Climate changeWater managementValue chain involvementEmployee well-beingSafetyDevelopmentCircularity approachInnovationHuman rightsDiversity, Equity & Inclusion (DEI)Social impactCorporate governance

โš ๏ธ Challenges & Risks +

  • Slower economic growth in the Americas; slower GDP growth in Mexico and the U.S.; weaker Peso and stronger Euro vs. the U.S. Dollar; persistent headwinds amid slow petrochemical industry recovery; pressure on polyester, polypropylene (PP), and expandable polystyrene (EPS) reference margins.

๐Ÿ“‹ Report Information

Reporting Period: 2024-01 to 2024-03