Grupo Financiero Banorte SAB de CV 2023 AR2
The report highlights Grupo Financiero Banorte's financial and ESG performance for the fiscal year 2023, marking the completion of its 1-2-3 strategic plan and transitioning into a digital bank with branches. Key achievements include becoming the first bank in Latin America to have its decarbonization targets validated by the Science Based Targets initiative (SBTi) and committing to the Taskforce on Nature-related Financial Disclosures (TNFD) framework. The company also demonstrated strong social commitment by raising over MXN 155 million for reconstruction efforts in Guerrero following Hurricane Otis. Financially, Banorte recorded a 15% increase in net income to MXN 52.42 billion, while maintaining solid capital adequacy and expanding its digital customer base.
Company: Grupo Financiero Banorte SAB de CV
Sector: Finance & insurance
Country: Mexico
Year: 2023
Type: AR2
Pages: 364
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Grupo Financiero Banorte SAB de CV
Annual Report
The report highlights Grupo Financiero Banorte's financial and ESG performance for the fiscal year 2023, marking the completion of its 1-2-3 strategic plan and transitioning into a digital bank with branches. Key achievements include becoming the first bank in Latin America to have its decarbonization targets validated by the Science Based Targets initiative (SBTi) and committing to the Taskforce on Nature-related Financial Disclosures (TNFD) framework. The company also demonstrated strong social commitment by raising over MXN 155 million for reconstruction efforts in Guerrero following Hurricane Otis. Financially, Banorte recorded a 15% increase in net income to MXN 52.42 billion, while maintaining solid capital adequacy and expanding its digital customer base.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees