Banks| Policies| Dodgy Deals| Campaigns
About us| Blog| Publications| Successes| Contact us| Donate
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Join our Active Allies list
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2021-02-24 00:00:00
Protect the climate but finance Total?
2021-02-16 00:00:00
Oil and gas financiers are staring down the barrel at $1 trillion in losses: time to rein in support for new pipelines
2021-02-11 00:00:00
Beefing up risk: the exposure of JBS’ financiers to financial, regulatory and reputational risks
2021-01-25 00:00:00
Why should banks support EU mandatory human rights and environmental due diligence?
2021-04-22 21:42:58
Three major French banks will not finance EACOP, according to French media
2020-09-24 12:53:20
Oscislowo open-pit coal mine cancelled
2020-09-08 13:07:41
Strengthened OECD guidance on responsible banking
2020-02-25 10:35:27
JPMorgan Chase Coal and Arctic Policy a step forward but fails to match its climate responsibility as the world’s #1 Fossil Bank
Connect
2021-03-24 00:00:00
Banking on Climate Chaos 2021
2021-03-22 00:00:00
BankTrack Annual Report 2020
2021-02-01 00:00:00
Banking on Thin Ice
2020-11-30 00:00:00
Soft Commitments, Hard Lessons: an analysis of the Soft Commodities Compact
2020-11-24 00:00:00
"Trust Us, We're Equator Banks": Part II
2020-11-18 00:00:00
Crude Risk: Risks to banks and investors from the East African Crude Oil Pipeline
See all publications
Browse
Home
Banks
Dodgy Deals
Map
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook page
Twitter channel
Home › Bank profiles
Banco Mercantil del Norte (Banorte)Mexico
About
Policies
Policy Assessments
Documents
News

Active

This profile is actively maintained

Created on: 2017-01-31 11:30:38
Last update: 2020-10-26 15:21:10

Send feedback on this profile
Download as PDF
Share this page:

Banorte's head offices in Monterrey. Photo: Google Earth/Streetview

About Banco Mercantil del Norte (Banorte)

Banco Mercantil del Norte, established in 1899, is a Mexican banking and financial services company and a subsidiary of Grupo Financiero Banorte. It is one of the four largest commercial banks of Mexico and the largest domestically held bank. Banorte offers various banking products and services to individuals and small and medium-sized enterprises in Mexico and the United States. Banorte adopted the Equator Principles in 2012, the bank is profiled as part of our Tracking the Equator Principles campaign.

Website http://www.banorte.com
Headquarters
Avenue Revolucion 3000
NL 64830 Monterrey
Mexico
CEO/chair Jose Marcos Ramirez Miguel
CEO
Supervisor
Comision Nacional Bancaria y de Valores
Annual report Annual integrated report 2019
Ownership
listed on Mexican Stock Exchange (BMV)

Banco Mercantil del Norte is a subsidiary of Grupo Financiero Banorte, of which its shareholder structure can be accessed here.

Complaints and grievances

Grupo Financiero Banorte operates a complaints mechanism via EthicsPoints which can be accessed here.

Policy Assessments

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Banco Mercantil del Norte
2020-09-09
MEX
2019
8
0
0
1.000000001E+36
0
Mexico
Profile
Reporting period
2019
PF deals under EP
8
Project names reported
0
% Project names reported
0
1599602400
Last update: 2020-09-09
Explanation

EP reporting page: https://equator-principles.com/reporting-banco-mercantil-del-norte-s-a-2019/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

New bank climate initiative fails to grasp urgent need to end finance for fossil fuels

Civil society statement on the launch of the Net-Zero Banking Alliance
2021-04-22 | Nijmegen | BankTrack, urgewald, Amazon Watch, Bank on our Future, Indigenous Environmental Network, Market Forces, Positive Money, Rainforest Action Network, Reclaim Finance, ShareAction, Sierra Club
blog
external news
our news

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Equator Principles: New BankTrack database sheds light on patchy project name reporting

BankTrack publishes database of Equator-financed projects, together with analysis showing some banks report few or no project names – notable poor performers include ING, HSBC and Lloyds
2020-06-29 | BankTrack
blog
external news
our news

Principles must bring commitments

Banks endorsing draft Principles for Responsible Banking called upon to urgently act on what they sign
2018-11-26 | Paris | BankTrack

Documents

Type:
Year:
annual reports
2020-10-26 00:00:00

Annual integrated report 2019

2020-10-26 00:00:00 | Banorte
csr policies
2020-10-26 00:00:00

Social and environmental management system

date listed represents date as accessed on website
2020-10-26 00:00:00 | Banorte
csr policies
2020-07-24 00:00:00

Socio-environmental risk policy

2020-07-24 00:00:00 | Banorte
csr policies
2020-07-24 00:00:00

Natural capital policy

2020-07-24 00:00:00 | Banorte
csr policies
2020-05-18 00:00:00

Human rights policy

2020-05-18 00:00:00 | Banorte
csr policies
2020-05-13 00:00:00

Responsible investment policy

2020-05-13 00:00:00 | Banorte
csr policies
2020-05-02 00:00:00

Environmental policy

2020-05-02 00:00:00 | Banorte
bank documents
2019-10-29 00:00:00

Equator Principles report 2018

2019-10-29 00:00:00 | Banorte
csr policies
2019-10-29 00:00:00

Anti-corruption policy

2019-10-29 00:00:00 | Banorte
correspondence
2019-09-13 00:00:00

Letter from Banorte to BankTrack on PRB implementation

2019-09-13 00:00:00 | Banorte
annual reports
2019-07-31 00:00:00

Annual integrated report 2018

2019-07-31 00:00:00 | Grupo Financiero Banorte
csr policies
2018-11-06 00:00:00

Social policy

2018-11-06 00:00:00 | Banorte
annual reports
2018-03-31 00:00:00

Annual report 2017

2018-03-31 00:00:00 | Grupo Financiero Banorte
csr policies
2017-12-31 00:00:00

Code of conduct

2017-12-31 00:00:00 | Banorte
annual reports
2017-03-31 00:00:00

Annual report 2016

2017-03-31 00:00:00 | Grupo Financiero Banorte
annual reports
2016-03-31 00:00:00

Annual report 2015

2016-03-31 00:00:00 | Grupo Financiero Banorte

Policies

Voluntary initiatives

Banco Mercantil del Norte (Banorte) has committed itself to the following voluntary standards:
  • Carbon Disclosure Project
  • Equator Principles
  • Global Reporting Initiative
  • Natural Capital Declaration
  • Net-Zero Banking Alliance (NZBA)
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • Science Based Targets
  • UNEP Finance Initiative
  • United Nations Global Compact

Investment policies

Banorte's webpage on corporate social responsibility can be accessed here.

Year:
csr policies
2020-10-26 00:00:00

Social and environmental management system

date listed represents date as accessed on website
2020-10-26 00:00:00 | Banorte
csr policies
2020-07-24 00:00:00

Socio-environmental risk policy

2020-07-24 00:00:00 | Banorte
csr policies
2020-07-24 00:00:00

Natural capital policy

2020-07-24 00:00:00 | Banorte
csr policies
2020-05-18 00:00:00

Human rights policy

2020-05-18 00:00:00 | Banorte
csr policies
2020-05-13 00:00:00

Responsible investment policy

2020-05-13 00:00:00 | Banorte
csr policies
2020-05-02 00:00:00

Environmental policy

2020-05-02 00:00:00 | Banorte
csr policies
2019-10-29 00:00:00

Anti-corruption policy

2019-10-29 00:00:00 | Banorte
csr policies
2018-11-06 00:00:00

Social policy

2018-11-06 00:00:00 | Banorte
csr policies
2017-12-31 00:00:00

Code of conduct

2017-12-31 00:00:00 | Banorte

Equator Principles

Implementation and reporting

Contact and complaints

Good moves

Year:
Browse
Home
Banks
Dodgy Deals
Map
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook page
Twitter channel
Vismarkt 15
6511 VJ Nijmegen
The Netherlands

Tel: +31 24 324 9220
Contact@banktrack.org
©2016 BankTrack                Webdesign by BankTrack and EASYmind
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted