Nemak, S.A.B. de C.V. 2020 AR2
The report highlights Nemak's performance and sustainability progress during 2020, a year marked by the COVID-19 pandemic. The company established medium- and long-term ESG targets, including committing to the Science Based Targets initiative (SBTi) to reduce Scope 1 and 2 emissions by 28% and Scope 3 emissions by 14% by 2030. Nemak also focused on circularity, with approximately 80% of its products made from recycled aluminum. Despite pandemic-related production shutdowns, the company continued to expand its e-mobility and structural applications segment, securing new contracts worth approximately US$700 million in annual revenue.
Company: Nemak, S.A.B. de C.V.
Sector: Manufacturing
Country: Mexico
Year: 2020
Type: AR2
Pages: 93
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Nemak, S.A.B. de C.V.
Annual Report
The report highlights Nemak's performance and sustainability progress during 2020, a year marked by the COVID-19 pandemic. The company established medium- and long-term ESG targets, including committing to the Science Based Targets initiative (SBTi) to reduce Scope 1 and 2 emissions by 28% and Scope 3 emissions by 14% by 2030. Nemak also focused on circularity, with approximately 80% of its products made from recycled aluminum. Despite pandemic-related production shutdowns, the company continued to expand its e-mobility and structural applications segment, securing new contracts worth approximately US$700 million in annual revenue.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Employees