March 2020
Implementation of the Natural Capital Protocol in Mexico
In 2019, we participated in the implementation pilot of the Natural Capital Protocol that was carried out for the first time in Mexico, as part of the Biodiversity and Business Alliance (AMEBIN) activities, to which Banorte belongs. With the support of GIZ, Reforestamos México and PwC in the application of the methodology, we focused the study on the climate risks quantification in the tourism sector, with the collaboration of one of our best clients. The results were presented this year to the Credit, Business and Risks team that promoted this project in the bank, reaffirming the relevance that environmental aspects have in the financial sector decision-making.