Voluntarily adopted initiatives

GRI

The Global Reporting Initiative (GRI) is an organization created to promote the development of sustainability memoirs in all types of organizations. The GRI provides a comprehensive framework for sustainability reporting.

Since 2009 we have been using the GRI methodology to report on our economic, social and environmental performance.

Banorte became the first financial group in Mexico to report under G4 methodology of the Global Reporting Initiative (GRI) and the first to obtain the Materiality Matters validation seal, given the optimum adherence to this methodology and the correct implementation of the Materiality study results.

IIRC

The International Integrated Reporting Council (IIRC) is a global coalition of regulators, investors, companies, standard regulators, standard issuers, professional accountants and non-governmental organizations who promote communication of value creation as the next step in the evolution of corporate reporting.

We have incorporated the IIRC’s framework since 2014 into our annual report in order to improve the quality of information and provide a more complete approach to the factors that affect the ability to create value over time.