Banco Mercantil del Norte (Banorte)Mexico
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Policies
Policy Assessments
Documents
News

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Created on: 2017-01-31 11:30:38
Last update: 2022-10-14 11:11:18
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About Banco Mercantil del Norte (Banorte)

Banco Mercantil del Norte (Banorte), 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.

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 report 2021
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
2022-08-13
MEX
2021
9
0
0
Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
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:
csr policies

Exclusion list

2022-06-24 00:00:00 | Banorte
annual reports

Annual report 2021

2022-06-07 00:00:00 | Banorte
csr policies

Human rights policy

2022-03-30 00:00:00 | Banorte
csr policies

Responsible investment policy

2021-12-30 00:00:00 | Banorte
other documents

Guidance on Biodiversity Target Setting for PRB signatories

2021-06-24 00:00:00 | UNEPFI
annual reports

Annual report 2020

2021-06-15 00:00:00 | Banorte
other documents

Commitment statement Net Zero Banking Alliance

2021-04-21 00:00:00 | UNEP FI Principles for Responsible Banking
annual reports

Annual integrated report 2019

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

Socio-environmental risk policy

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

Natural capital policy

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

Environmental policy

2020-05-02 00:00:00 | Banorte
bank documents

Equator Principles report 2018

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

Anti-corruption policy

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

Letter from Banorte to BankTrack on PRB implementation

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

Annual integrated report 2018

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

Social policy

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

Annual report 2017

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

Code of conduct

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

Annual report 2016

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

Annual report 2015

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

Policies

Voluntary standards

Banco Mercantil del Norte (Banorte) has committed itself to the following voluntary standards:

Investment policies

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

Year:
csr policies

Exclusion list

2022-06-24 00:00:00 | Banorte
csr policies

Human rights policy

2022-03-30 00:00:00 | Banorte
csr policies

Responsible investment policy

2021-12-30 00:00:00 | Banorte
csr policies

Socio-environmental risk policy

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

Natural capital policy

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

Environmental policy

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

Anti-corruption policy

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

Social policy

2018-11-06 00:00:00 | Banorte
csr policies

Code of conduct

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

Equator Principles

Implementation and reporting

Contact and complaints

Good moves

Year: