Fomento Económico Mexicano S.A.B. de C.V.
MEX : FEMSAUBD
2020-2021 Food & Beverage
Company Ranking39 out of
Fomento Económico Mexicano S.A.B. de C.V. (FEMSA), the largest franchise bottler of Coca-Cola, ranks 39th out of 43 companies, disclosing significantly less information on its forced labor policies and practices than its peers. Since 2018, the company does not seem to have taken additional steps to strengthen its performance and disclosure. As the benchmark methodology requires companies to keep up with evolving stakeholder expectations and emerging good practices, the company’s score has decreased by one point. The score is based on some disclosure FEMSA has in place on the themes of Commitment & Governance, Traceability & Risk Assessment, and Worker Voice. The company has an opportunity to improve on the themes of Purchasing Practices, Worker Voice, and Remedy.
HOW DO THEY COMPARE?
The comparison tool allows companies' results to be easily compared. Up to two additional companies can be selected and compare against each other as shown below.
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labour from their supply chains. The themes are comprised of a total of 12 key indicators. For each indicator, a company can score a total of 100 points.
Commitment and Governance
|Commitment||100 / 100|
|Supplier Code of Conduct||50 / 100|
|Management and Accountability||0 / 100|
|Training||0 / 100|
|Stakeholder Engagement||0 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||12.5 / 100|
|Risk Assessment||0 / 100|
|Purchasing Practices||0 / 100|
|Supplier Selection||0 / 100|
|Integration into Supplier Contracts||0 / 100|
|Recruitment Approach||0 / 100|
|Recruitment Fees||0 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Rights of Workers in Vulnerable Conditions||15 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||0 / 100|
|Grievance Mechanism||10 / 100|
|Monitoring Process||0 / 100|
|Monitoring Disclosure||0 / 100|
|Corrective Action Plans||0 / 100|
|Remedy Programs||0 / 100|