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Grupo Mexico

Grupo Mexico is a Mexican conglomerate founded in 1890 and based in Mexico City. Grupo Mexico has four divisions: mining, transportation, infrastructure, and the Grupo Mexico Foundation. Their mining operations position them as the biggest copper producer in Mexico and Peru and the fourth largest in the world. Their transportation division operates the most extensive railroad coverage in Mexico. In 2022, Grupo Mexico earned USD 13.9 billion in revenues and employed 30,000 people worldwide.

Summary

Grupo Mexico ranks 29th overall and 14th in the Extractives sector. Its best performance is on human rights practices and it has an opportunity to improve its disclosure on governance and policy commitments.

Grupo Mexico transparently discloses its tax and revenue payments to all countries where it operates. It also discloses targets, progress and actions taken on some of its key human rights risks, including water and sanitation, freedom of association and collective bargaining, health and safety, and living wage.

The company has an opportunity to improve on topics related to board accountability, including disclosing whether it has board level incentives for human rights performance, how it reviews its business model for human rights risks, and what the human rights expertise are of board members. It could also disclose how it trains its business partners on its human rights commitments and works with them to meet these obligations.

Ranking position: #20 /110
Total score: 36.1 /100

Measurement theme	Score	Rank (0-110)
Governance and policy commitments	#1 2.2 /10	#52
Embedding respect and human rights due diligence	#1 7.3 /25	#38
Remedies and grievance mechanisms	#1 8.5 /20	#13
Performance: Practices	#1 12.5 /25	#6
Performance: Responses	#1 5.6 /20	#17

Sector
Extractives	#14

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2020

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000