Environmental, Social
and Corporate
Governance Champion

For some, sustainability is just a buzzword. For Carlos Hank González and Banorte, it is how business is conducted—for the betterment of all.

Banorte’s commitment to sustainability and responsible banking is second to none in Mexico, and is recognized around the world.

Carlos Hank González was the only Mexican banker who was a founding signatory of the Principles for Responsible Banking that were presented in September 2019 at the UN headquarters in New York. Also, Banorte was a pioneer in Mexico in implementing a Social and Environmental Risk Management System that evaluates risks and possible impacts on the environment and communities before financing any project.

Sustainability is not a fad. At Banorte, it is part of our DNA, essential in our strategy and operations to generate value to our stakeholders.

In April 2021, as part of its sustainability strategy, Banorte became a founding signatory of the Net Zero Banking Alliance, convened by the United Nations Environment Program Finance Initiative. Carlos Hank González signed this alliance, together with 43 CEOs from banks worldwide, seeking to accelerate the transition to a low-carbon economy and combating climate change.

Grupo Financiero Banorte was the only Mexican financial group to be included on the Dow Jones Sustainability MILA Pacific Alliance index and in the top 10 of Latin American companies on the sustainability index FTSE4Good Emerging Index of the London Stock Exchange.

This mission, Carlos Hank González said, “must take into account all stakeholders and recognize that the context has changed. If a recovery is going to happen, it must be sustainable.”

If a recovery is going to happen, it must be sustainable.

Aligned with the nationally determined contributions Mexico assumed in the Paris Agreement, the bank has achieved relevant environmental goals, such as the reduction of almost 30% of energy intensity against the base year 2009.

This is in addition to ambitious goals in smart mobility, waste reduction and energy efficiency. In 2020, it got an A- score, the highest in Mexico and Latin America, for the CPD 2020 edition, recognized as a global leader for climate change management.


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The company’s diversity and inclusion program recognizes not only the importance of attracting and retaining the best talent but also better understanding and serving its clients and communities it serves. In 2021, for the fourth consecutive time, Grupo Financiero Banorte entered the Bloomberg Gender Equality Index in Financial Services.
Demonstrating its commitment to ethical and transparent corporate governance, Grupo Financiero Banorte has won “Leading Company in Corporate Governance in Mexico” in the ALAS20 Awards in 2020.