Banco Mercantil del Norte S. A.
Unverified XFID Unique Identifier for Banco Mercantil del Norte S. A.:
XO5965IDJB 3 Second Party Opinions
1 Impact Report
1 Framework
Documents (5)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-MU5W11L-7 | Impact Report | Banorte Sustainability Bond Report 2024 | 2024 | investors.banorte.com | 31 Mar 2026 |
| XF-C8KLY1S-L | Framework | Banorte Sustainable Finance Framework 2024 | 2024 | investors.banorte.com | 31 Mar 2026 |
| XF-90DTCSE-H | Second Party Opinion | Banorte Green Bond Framework Second-Party Opinion (English) | 2020 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
| XF-Z9VK6NC-K | Second Party Opinion | Banorte Green Bond Framework Second-Party Opinion (Español) | 2020 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
| XF-DCFIMGJ-K | Second Party Opinion | Banorte Sustainability Finance Framework Second-Party Opinion (2024) | 2024 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 2 Mar 2026 |
Press Coverage (2)
News and trade press mentioning this issuer, tracked in the registry.
XF Company Profile
Extra-financial information found across 5 documents in the XframeworkID registry
NACE K Financial & Insurance Activities
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- Banco Mercantil del Norte, S.A. (Banorte), Mexico SPO 2020 2020
- Issuer sector/industry classification
- Financial & Insurance Activities Company Profile
- Issuer type
- Bank SPO 2020 2020
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- Banorte Sustainability Finance Framework SPO 2024 2024
- Bond types covered under framework
- Green bonds, Social bonds, Sustainability bonds SPO 2024 2024
- Eligible use-of-proceeds categories
- Renewable Energy, Energy Efficiency, Natural Resources and Biodiversity, Sustainable Mobility, Water Management SPO 2020 2020
- Project evaluation and selection process description
- Banorte's Project Selection and Evaluation Working Group identifies eligible projects under Sustainability Team oversight, managing socio-environmental risks according to Banorte's Socio-Environmental Risk Policy with an exclusion list SPO 2024 2024
- Management of proceeds approach
- Treasury Team tracks net proceeds on portfolio basis using internal tracking system; allocation within 24 months; 24-month look-back period for existing projects except renewable energy capital expenditures SPO 2024 2024
- Temporary investment of unallocated proceeds
- Liquidity accounts, short-term bonds, and rates derivatives SPO 2024 2024
- Reporting commitments under framework
- Annual reporting on website until bond maturity including net proceeds raised, allocation per category, financing vs. refinancing distinction, and unallocated amounts SPO 2024 2024
- Exclusion criteria for ineligible projects or sectors
- Banorte maintains an exclusion list managed by Sustainability Team SPO 2024 2024
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- Sustainalytics, May 1, 2020 SPO 2020 2020
- SPO preliminary evaluation or credibility rating
- Credible and impactful SPO 2024 2024
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Aligned with Green Bond Principles 2018 and 2021 SPO 2020 2020
- Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
- Aligned with Social Bond Principles 2023 and Sustainability Bond Guidelines 2021 SPO 2024 2024
- Alignment with UN Sustainable Development Goals
- SDGs 2, 3, 4, 5, 6, 7, 8, 9, 11, 12, 14, 15 SPO 2024 2024