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Comision Federal de Electricidad (CFE)

Comision Federal de Electricidad (CFE) is a state-owned company headquartered in Mexico City, Mexico. In 2020, its revenue was USD 23.4 billion and installed capacity was 43 GW. CFE is Mexico's state-owned electric utility company and focuses more on electricity supply than transitioning to a low-carbon economy.

Ranking position
#43/50
Total score
14.8/100
Performance score
1.2/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

#1 0.0 / 4 #35

Material Investment

#1 1.1 / 7 #37

Intangible Investment

#1 0.0 / 2 #20

Management

#1 0.0 / 4 #48

Policy Engagement

#1 0.1 / 1 #47

Business Model

#1 0.0 / 2 #48

Leading practices

No leading practices were identified for this company. 

Risks and opportunities

Trend

CFE receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Although CFE has stated an aim to reduce emissions intensity by 42% by 2024, without disclosing the scope and coverage of the target, it is not possible to assess the likelihood that it will affect emissions trends. Moreover, with no transition plan or commitments to deploy and invest in significant levels of low-carbon electricity generation, CFE is unlikely to achieve a decrease in its emissions in the near future at the rate required by its 1.5°C pathway.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Headquarters
Mexico City, Mexico
Group revenue (2020)
USD 23.4 billion
Ownership
State-owned
Installed capacity (2020)
43.1 GW
Website
https://www.cfe.mx/Pages/Index.aspx

This company is part of the SDG2000, the 2.000 most influential companies

See company profile