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Financial Intermediation
MX
updated 11 hours ago

Banco Nacional de México, S.A.

Company website

Banco Nacional de México, S.A. (commonly known as Banamex) is a leading financial institution headquartered in Mexico City, Mexico. Established in 1884, it has played a pivotal role in the Mexican banking sector, offering a wide range of services across retail banking, corporate finance, and investment solutions. With a strong presence in major operational regions throughout Mexico, Banamex is renowned for its innovative banking products, including personal loans, credit cards, and investment services tailored to meet diverse customer needs. The bank's commitment to customer service and technological advancement has solidified its position as a trusted financial partner. As a subsidiary of Citigroup, Banamex has achieved significant milestones, including extensive digital banking initiatives, making it a prominent player in the industry. Its reputation for reliability and comprehensive financial solutions continues to enhance its market standing.

DitchCarbon Score

How does Banco Nacional de México, S.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

44

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

30

Industry Benchmark

Banco Nacional de México, S.A.'s score of 44 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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Banco Nacional de México, S.A.'s reported carbon emissions

Inherited from Citigroup Inc.

Banco Nacional de México, S.A. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Citigroup Inc., which influences its climate commitments and initiatives. While there are no direct reduction targets or specific emissions data available for Banco Nacional de México, S.A., it is important to note that its sustainability efforts may align with those of its parent company, Citigroup Inc. Citigroup has established various climate initiatives, including commitments to renewable energy through the RE100 initiative, which aims for 100% renewable energy usage across its global operations. As a subsidiary, Banco Nacional de México, S.A. may benefit from the broader climate strategies and performance metrics set by Citigroup, although specific details on cascading emissions data or reduction targets have not been disclosed. The bank's climate commitments remain vague, reflecting the need for more transparency in its environmental impact reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2005200620102014201520162017201820192020202120222023
Scope 1
43,533,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
1,048,226,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
Scope 3
-
000,000,000
000,000,000
000,000,000
000,000,000
-
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Nacional de México, S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banco Nacional de México, S.A. is in MX, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Banco Nacional de México, S.A. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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