El Palacio de Hierro receives the ESR 2025 Distinction award for the tenth time

What: El Palacio de Hierro receives its tenth ESR Distinction for social responsibility excellence from Cemefi and AliaRSE.

Why it is important: This milestone reflects the growing importance of long-term commitment to sustainability in retail, particularly in emerging markets like Latin America.

El Palacio de Hierro has achieved its tenth ESR (Socially Responsible Company) Distinction from the Mexican Center for Philanthropy (Cemefi) and the Alliance for Corporate Social Responsibility. Presented at the 18th Latin American Meeting of Socially Responsible Companies, this year's recognition is particularly significant as Cemefi implemented a new evaluation model that assesses the development level of socially responsible management in participating companies.
The distinction acknowledges El Palacio de Hierro's achievements in workplace quality of life, environmental stewardship, business ethics, and community engagement. This voluntary certification process requires annual review and ongoing compliance with established standards. According to Maridelia Saucedo, Director of Well-being and Social Responsibility, the achievement represents their collective commitment to building positive community impact while strengthening an organisational culture based on ethical and sustainable principles.

IADS Notes: El Palacio de Hierro's ESR recognition complements its strong business performance in 2025. The company reported 11% revenue growth in February while implementing innovative retail solutions across 450 points of sale in January. This sustainable approach contributed to its recognition as the world's second-best department store, demonstrating how ethical business practices enhance retail success