Overall impact
B (62)

Commentary

FEMSA is a strong overall performer. With a 'B' rating of 62.5 for overall impact (68th percentile compared to all companies), FEMSA ranks 6th out of 23 industry peers, behind Mendocino Brewing, Heineken, Carlsberg and 2 others, and ahead of Vina Concha y Toro , Ambev, Kirin and 14 others. On top material causes for FEMSA's industry (Beverages), FEMSA performs well in Decent, Safe Work Opportunities (95.2 score), No Poverty (95.7), Fair Labor Practices (82.5) and 2 other causes where it received an 'A' score and performs poorly in Terrestrial Biodiversity (21.3 score), Reduced Green House Gas Emissions (20.8), Reduced Waste (23.4) and 3 other causes where it received a 'D' or 'F' score.
Impact
Cause FMX
Peer rank
Overall impact

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Impact trend

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Company
Employees
394,010
Sector
Consumer Staples
Industry
Beverages
Sub-industry
Soft Drinks & Non-alcoholic Beverages
SASB industry
Non-Alcoholic Beverages
Headquarters
Nl, Mexico
Share classes
CFSL
ADR
FMX
KOF
ADR
Description
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. It operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, Brazil, and the United States under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, Sana Sana, YZA, La Moderna, and Farmacon names. In addition, the company provides transport logistics and maintenance services in Mexico, Brazil, and Colombia; processes electronic transactions for small and medium-sized businesses under the Spin name; and engages in the proximity discount grocery business under the Bara name. Further, it operates small-box retail and foodvenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok." brands. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.
Material causes
Ethos considers the following causes material for FEMSA, based on its industry sub-industry Soft Drinks & Non-alcoholic Beverages. Learn more about material causes in our methodology overview.

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