Fomento Economico Mexicano SAB de CV
Industry Group: Food Retailers
Country/Region: Mexico
Identifier: MEX:FEMSAUBD
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Food Retailers 130 out of 192
Universe
Global Universe 7301 out of 15100
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Wal-Mart de México SAB de CV |
20
Medium
|
64 out of 192 |
Walmart, Inc. |
21
Medium
|
75 out of 192 |
Seven & i Holdings Co., Ltd. |
21.7
Medium
|
85 out of 192 |
Fomento Economico Mexicano SAB de CV |
24.7
Medium
|
130 out of 192 |
Costco Wholesale Corp. |
29.1
Medium
|
177 out of 192 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Fomento Economico Mexicano SAB de CV's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Fomento Economico Mexicano SAB de CV's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Fomento Economico Mexicano SAB de CV
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Fomento Economico Mexicano SAB de CV's ESG Risk Rating in the last three years
Highest Controversy Level