Banco Nacional de México, S.A. Sustainability Profile
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.
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.
Industry Benchmark
Banco Nacional de México, S.A.'s score of 47 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
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Access structured emissions data, company-specific emission factors, and source documents
| 2005 | 2006 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Banco Nacional de México, S.A.'s Industry?
How Carbon Intensive is Banco Nacional de México, S.A.'s Location?
Banco Nacional de México, S.A.'s Scope 3 Categories Breakdown
Banco Nacional de México, S.A.'s Scope 3 emissions, which increased by 21% last year and decreased by approximately 61% since 2006, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Banco Nacional de México, S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco Nacional de México, S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
