Grupo Financiero Banorte is at the Forefront by Incorporating the International Integrated Reporting Council (IIRC) model into its 2014 Annual Report

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August 27, 2015 /3BL Media/ - The trend of integrated reporting emerges on a global scale in response to a growing number of regulations required by firms, a more comprehensive breakdown of various non-financial indicators, as well as a higher level of transparency in the handling of information. As a result, nowadays, intangible indicators such as human resources, intellectual and natural capital, begin to have considerable relevance in the valuation of companies.

Adopting the International Integrated Reporting Council (IIRC) model, provides both current and potential investors with a more complete, clear and concise panorama with which to better evaluate the ability of an organization to create and maintain value in short, medium and long terms, taking into account the social, commercial and environmental context in which it operates.   

So that the integrated report, constitutes an important communication process that facilitates strategic decision-making through understanding the use and the interdependence of the different capitals and resources that contribute to a company’s success, thus helping investors and other stakeholders to understand not only the organization’s past and current results, but also its ability to recover in the future. 

By implementing this methodology in its 2014 Annual Report and detailing the various tangible and intangible indicators responsible for its success, Grupo Financiero Banorte has placed itself at the forefront by already supplying what is only beginning to be asked for by foreign markets in terms of information about companies they want to invest in... because together, we make a stronger Mexico.