Our Journey

November 2021

Sustainability and innovation are key factors to accelerate financial inclusion

One of the challenges to meet the UN Sustainable Development Goals is creating an inclusive, fast, and simple banking model. In order to provide more value to customers and boost bank loyalty, financial institutions are asked to rethink their commercial strategies. The answer to this challenge is called digital transformation and this is already one of Grupo Financiero Banorte’s goals: to be the financial group with the best banking in a digital world.

October 2021

Sustainable development is only possible through collective action

Strategic partnerships are a fundamental pillar for different organizations in the private, public, and civil society sectors to drive each other towards the common good. In this sense, Grupo Financiero Banorte builds strong relations with strategic allies in order to successfully achieve the Sustainable Development Goals (SDGs) established by the UN.

September 2021

In this issue of Our Journey, Mariuz Calvet, Director of Sustainability and Responsible Investment at Grupo Financiero Banorte, talks about the most important elements for a sustainable recovery after the COVID-19 crisis

She also tells us more about how Grupo Financiero Banorte has contributed to the fulfillment of the Sustainable Development Goals in the context of the pandemic.

August 2021

Strong global action on climate change is urgent. The social, economic and environmental problems it causes is a threat to all countries, regardless of their level of development

The World Bank and the OECD estimate that 68 percent of Mexico's population and 71 percent of its GDP are negatively impacted by climate change.

July 2021

In order to reduce environmental damage and promote sustainable development, companies in developed and developing countries are going from a linear economy model, which is based on “extracting, producing and disposing of,” to a circular economy model

Circular economy is an alternative to create economic, natural, and social capital from renewable sources, reinserting raw materials that would have been disposed of in a linear model.

June 2021

On June 5th, the United Nations celebrated World Environment Day by making a very special announcement: the start of the United Nations Decade on Ecosystem Restoration (2021-2030), a global mission to address and reverse damage to the planet caused by human activity

The financial sector must take a more active role in this mission. Although more than 50 percent of the world's total GDP depends on nature, there is an estimated 824 billion dollar deficit in financing for the protection of ecosystems.

May 2021

Family remittances are one of the key components for achieving the UN's Sustainable Development Goals. They have a positive socioeconomic impact on families and communities, while at the same time, promote financial inclusion, competitiveness and collaboration between different groups

Almost two million households in Mexico depend on remittances for their basic income. In 2020 alone, the country received 40.6 billion dollars in remittances –a historic flow equivalent to about 3.8 percent of GDP. Remittances are one of the ways Mexico benefits from public spending by United States to stimulate its economy.

April 2021

Grupo Financiero Banorte believes transparency is fundamental to strengthening trust with its stakeholders. In the spirit of transparency, each year it discloses the most important activities and results from its different business areas in an Integrated Annual Report

Lately, annual reports have played a pivotal role in communicating an organization's progress on environmental, social and corporate governance (ESG) issues.

March 2021

A company can drive sustainable development forward if, and only if, it puts people first

That's why this issue focuses on the S in the ESG factors -environmental, social and corporate governance- and on the responsibility companies have to women, who count for more than half the world's population.

February 2021

Responsible investment is not a faddish, short-term trend but a way of channeling resources to ensure market health and stability while making a positive impact on society and the environment

Markets and companies are increasingly moving toward prioritizing business models that benefit both investors and society as a whole. As such, fiduciary duty must generate profitability, creating long-term value by mainstreaming environmental, social and governance (ESG) criteria.