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FEMSA

CEF Lead Executives

Sustainability Goals

Sustainability Goals

Outstanding Goals

  • Source 85% of electricity in Mexico from renewable source (Sourced 77.6% of electricity in Mexico from renewables in 2020)


Ongoing Sustainability Goals

  • Achieve efficiency of 1.5 liters of water for every liter of beverage produced (no target year)


2030 Sustainability Goals

  • Achieve neutral water balance
  • Zero operational waste to landfill
  • Create PET bottles that include at least 50% recycled content
  • Collect as many PET bottles as are sold by Coca-Cola FEMSA


Latest Sustainability Reporting

Highlights 


  • 62.4% of total electricity consumption was from renewable sources in 2023 (2,003 GWh).
  • 73.4% of total operational waste was diverted from landfills in 2023 (2019 baseline), up from 68.7% in 2022.
  • 37% of raw materials used in products and packaging was of recycled origin.
  • In 2023, shifted packaging material in a Colombia bottling plant to 100% recoverable materials, significantly reducing waste, increasing production capacity, and recouping the investment in eight months.
  • Coca-Cola FEMSA used 1.42 liters of water per liter of beverage produced in 2023, a 17.4% improvement since 2016.
  • Coca-Cola FEMSA successfully allocated 100% of both its Green Bond and Sustainability-Linked Bond to finance green projects.
  • 69% of procurement purchases in all business units were from local suppliers.
  • Women made up 30% of executive positions and 44% of total workforce in 2023 (up from 41% in 2022).
  • Third consecutive year on the Bloomberg Gender Equality Index for FEMSA, and the fifth consecutive year for Coca-Cola FEMSA.

Latest Sustainability Reporting

2023

THE COCA-COLA COMPANY Launched a new sustainability-focused venture capital fund along with eight global bottling partners, including CEF member FEMSA. This $137.7 million fund will prioritize five areas: packaging, heating and cooling, facility decarbonization, distribution, and supply chain. The fund will be managed by “seed-to-growth” venture capital firm Greycroft, and will invest in companies at the point of commercialization. (July 2023)

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2021

Issued a $783 million sustainability linked bond and published its Sustainability Linked Bond Framework aligned to its overall sustainability strategy priorities for 2030. (April 2021)

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2019

FEMSA was selected for third consecutive year to the Dow Jones Sustainability MILA Pacific Alliance Index, comprised of best-in-class companies in the area of sustainability with business in Mexico, Colombia, Peru, and Chile. Coca-Cola FEMSA remains the only Latin American beverage company included in the Dow Jones Sustainability Emerging Markets Index for the 7th consecutive year; and for the third year, it is also part of the Dow Jones Sustainability MILA Pacific Alliance Index.

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