Climate change
We address the risks and opportunities of climate change and promote actions to move towards a more sustainable future.
Climate change
We are committed to responsibly managing climate-related risks, impacts, and opportunities, recognizing our role in producing essential resources that support people’s well-being. Our company is aligned with national and international efforts to advance the transition to a low-carbon economy and help mitigate the worst impacts of climate change.
Our greenhouse gas emissions decreased by 7.9% compared to 2024—a cumulative reduction of 30.2% relative to our 2022 baseline. In 2025, we supplied 49.9% of our company’s electric energy from renewable sources.
Electricity supply (%)
GHG emissions (ktCO2e)
GHG by division (ktCO2e)
Fertirey is included in our Chemicals division statistics from 2025 onward.
Energy (GWhe)
Energy by division (GWhe)
Fertirey is included in our Chemicals division statistics from 2025 onward.
Decarbonization roadmap
Our main decarbonization lever is renewable electricity, and we aim to maximize our supply from renewable sources by the end of this decade. However, decarbonizing mining, metals, and chemicals is particularly challenging due to technological maturity, reliability, and cost limitations. As a result, decarbonization is a complex issue that requires a multi-lever approach, carefully evaluating each option’s emissions reduction potential, technological readiness, and economic feasibility. To guide our transition strategy, we launched our decarbonization roadmap project. This evaluation highlighted three levers with the greatest potential—subject to site-level feasibility: increased renewable electricity use, vehicle and mining equipment electrification, and fuel substitution using options such as biomethane, biocoke, or green hydrogen. Our business-case-level analysis confirmed that our business model aligns with carbon neutrality ambitions, while also underscoring the financial and operational discipline required to seize these opportunities.
Decarbonization levers
| Category | Lever | Challenge |
|---|---|---|
| Renewable energy |
|
Regulatory framework in Mexico |
| Open-pit mining |
|
Maturity and reliability of these technologies; Life of mine of current open-pit operations |
| Underground mining |
|
Maturity and reliability of these technologies and electric infrastructure |
| Furnaces (high temperature) |
|
Supply of green fuels and accounting rules for emission reductions |
| Steam generation |
|
Electrification of boilers que requieren energía renovable y cogeneración, lo cual puede limitar el potencial de reducción |
| Carbon capture and reducing agents |
|
Technological maturity of the levers and CO2 storage |
| Carbon offsets |
|
Price volatility, accounting rules, accounting and supply restrictions |
