Banorte, Leader in Sustainability Strategies

Apr 11, 2016 2:30 PM ET
Campaign: Valor Económico

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April 11, 2016 /3BL Media/ - Grupo Financiero Banorte was included in the STOXX Global Climate Change Leaders index as a result of its strategies for managing risks associated with climate change and its favourable environmental performance, becoming the only Latin America issuer in the index.

This is a list of companies that stand out – on a global scale - for incorporating climate change risk analysis in day-to-day operations.

The STOXX indices are the reference for 500 global companies that manage assets of more than 110 billion dollars. 

The STOXX Global Climate Change Leaders index, is based on reports prepared by the Carbon Disclosure Project (CDP), an organization that works with investors, companaies and governments to promote actions towards sustainable economies and to which Banorte reports periodically.

"The development of our business has a long-term vision and belonging to this type of indicator positions us as a responsible and transparent group, providing value to our shares and therefore, to our investors", stated Carlos Hank González, Chairman of the Board of Directors of Grupo Financiero Banorte.

For those seeking long-term profitability, Banorte offers the tranquility of taking into consideration climate change risk and its potential implications for the loan and investment portfolios.

Marcos Ramírez Miguel, CEO of GFNorte, mentioned, "this recognition enhances our reputation, provides our share with greater visibility and liquidity.”

With recognitions like these, Grupo Financiero Banorte confirms its commitment to remain a leader and reference in sustainability issues, both in Mexico and Latin America.