Ditchcarbon

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    • CDP supplier score lifted from C to A- across 15,000 suppliers.

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    • Company Emissions Data for Financial Services

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  • Pricing
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OrganisationsBanco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte logo

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte

Financial IntermediationMexico
Last verified 1 year agobanorte.com

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, commonly known as Banorte, is a leading financial institution headquartered in Monterrey, Mexico. Established in 1899, Banorte has grown to become one of the largest banks in the country, serving a diverse clientele across various regions, including the northern and central parts of Mexico.

Specialising in a wide range of banking services, Banorte offers personal and commercial banking, investment services, and insurance products. Its commitment to innovation and customer service distinguishes it in the competitive financial landscape. Notably, Banorte has achieved significant milestones, including its merger with Grupo Financiero IXE in 2015, solidifying its market position. With a strong focus on sustainability and community development, Banorte continues to be a prominent player in Mexico's banking sector.

66
DitchCarbon score

+31 vs industry average

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte’s score of 66 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

Part of the Sustainability team at Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte?

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Reported emissions

No reported emissions data is available for Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte yet.

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Access structured emission data, company specific factors and auditable source documents

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Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from Grupo Financiero Banorte, S.A.B. de C.V.
See details
Not active
CDP

Carbon Disclosure Project

Inherited from Grupo Financiero Banorte, S.A.B. de C.V.
Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from Grupo Financiero Banorte, S.A.B. de C.V.
See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte logoBanco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
MXFinancial Intermediation
1 year ago
66
BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México logoBBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México
MXFinancial Intermediation
8 days ago
89
View
HSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC logoHSBC México S.A., Institución de Banca Múltiple, Grupo Financiero HSBC
MXFinancial Intermediation
24 days ago
77
View
Grupo Financiero HSBC, S.A. de C.V. logoGrupo Financiero HSBC, S.A. de C.V.
MXReal Estate Services
24 days ago
62
View
Grupo Financiero BBVA México, S.A. de C.V. logoGrupo Financiero BBVA México, S.A. de C.V.
MXFinancial Intermediation
24 days ago
51
View
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México logoBanco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México
MXFinancial Intermediation
24 days ago
49
View
Banco Nacional de México, S.A. logoBanco Nacional de México, S.A.
MXFinancial Intermediation
24 days ago
41
View

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Ditchcarbonv260319.2
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Ditch Carbon Ltd

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Platform

  • How it works
  • Data
  • Integrations
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  • Compare
  • Pricing

Resources

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  • Industries
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  • Upload Ecovadis reports
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Use Case

  • AI Survey Responder
  • Company Emissions Data for Financial Services
  • Emissions Reporting
  • Sustainable Sourcing: A Strategy for Decarbonisation
  • Smarter Supplier Engagement: Reduce Burden, Drive Decarbonisation
  • SBTi-Aligned Baselining

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