Grupo México Preserving Culture, Fostering Entrepreneurship

Mon, 02/25/2019 - 14:07

Through its energy division, México Generadora de Energía, Grupo México focuses on environmental discipline through the efficient use of energy, community engagement and the constant diversification of the company’s energy mix.
Grupo México’s installed capacity generates 74MW from the El Retiro wind farm. This represents close to 1 percent of the country’s clean energy generation. Additionally, the company generates 500MW from La Caridad combined cycle plant. In recent years, Grupo México has offset 560,000 tons of CO2 equivalent, which has the same impact as removing 120,000 vehicles from the roads.
El Retiro wind farm is located in the municipality of Juchitan de Zaragoza in Oaxaca. These terrains were modernized through the installation of electricity lines and are leased to landowners whose main productive activities are agriculture and farming. At the same time, people from the region are employed to work at the wind farm.
In 2014, the Casa Grande Lídxinu community center was inaugurated. This project serves as a meeting point for citizen participation. Through various activities such as free workshops, cultural events, education and sports programs the center promotes an inclusive environment as activities are delivered both in Spanish and native language Zapotec. Since 2014, more than 9,200 inhabitants have experienced the benefits of 55 programs and 900 activities that address the community needs.
Another important initiative is “La Ventosa Sustentable, tu Proyecto tu futuro,” which is a citizen participation fund that invites the community to present proposals that solve common problems in the social, productive and infrastructure spheres. To date, more than 60 projects have been approved and Grupo México has provided the seed capital for their development, benefiting more than 3,000 people in the municipality of Juchitán de Zaragoza alone.
In the last five years, Grupo Mexico in its entirety has invested more than US$320 million in social projects, promoting the community’s participation and supporting its quality of life. All of this is accompanied by a positive environmental impact. Due to this, the company has been included in the BMV’s IPC Sustentable index for seven years in a row. In 2018, it was featured in the S&P Dow Jones Sustainability MILA Pacific Alliance Index (DJSI MILA) for the first time.