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Banorte
Sustainability Report and Carbon Intensity Rankings
Is Banorte doing their part?
Their DitchCarbon score is 50
Banorte has a DitchCarbon Score of 50 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon emissions are produced relative to the company’s activities. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing environmental impact.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Banorte is a company in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Banorte is situated in Mexico, a region with a low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
Unlock 30+ emissions data points on Banorte
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Banorte
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
0.83%
...this company is doing 0.83% worse in emissions than the industry average.
Grupo Financiero Banorte, commonly known as Banorte, is a leading financial institution based in Monterrey, Mexico, founded in 1899. As a major player in the finance sector, Banorte offers a diverse range of services including brokerage, pension and insurance companies, retirement funds (Afore), investment societies, and leasing and factoring companies. Today, Banorte stands as the third-largest and one of the most significant banks in Mexico, committed to fostering financial strength and trust for its clients through dedicated service and innovative solutions.
emission intelligence's platform recommendations for Banorte
Banorte could reduce its emissions by transitioning to renewable electricity via renewable energy certificates or direct power purchase agreements, alongside implementing energy efficiency measures for electrical equipment and lighting.
Good news, Banorte has embraced SBTi climate commitments
Banorte has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop and implement strategies to significantly cut its carbon footprint across its operations and value chain.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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