Nacional Financiera S.N.C., I.B.D.

Unverified
XFID Unique Identifier for Nacional Financiera S.N.C., I.B.D.: XONKTG607A
Sector
Banks
Website
mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com
5 Second Party Opinions
1 Certification
XFID Type Title Year Source Retrieved
XF-NGCAOHF-D Second Party Opinion Nacional Financiera S.N.C., I.B.D. - Second-Party Opinion 2025 www.sustainablefitch.com 30 Mar 2026
XF-HRQI8E5-Y Second Party Opinion Nacional Financiera S.N.C., I.B.D. 2025 www.sustainablefitch.com 30 Mar 2026
XF-R8WEA6S-H Certification Nacional Financiera — UoP Verifier Report (Wind) 2015 www.climatebonds.net 13 Mar 2026
XF-WJJWR08-G Second Party Opinion Nafin Green Bond 2015 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-RA3AGBO-X Second Party Opinion NAFIN Sustainability Bond Framework Second-Party Opinion (English) (2021) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-YNQBWXN-D Second Party Opinion NAFIN Sustainability Bond Framework Second-Party Opinion (Spanish) (2021) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026

XF Company Profile

Extra-financial information found across 6 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
Nacional Financiera S.N.C., I.B.D.; Mexico Second-Party Opinion (SPO) 2025
Issuer sector/industry classification
Financial & Insurance Activities Second-Party Opinion (SPO) 2025
Issuer type
Bank; Development Finance Institution Second-Party Opinion (SPO) 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Sustainability Bond Framework; 2025 version Second-Party Opinion (SPO) 2025
Bond types covered under framework
Green bonds; Social bonds; Sustainability bonds Second-Party Opinion (SPO) 2025
Eligible use-of-proceeds categories
Clean Transportation; Energy Efficiency; Renewable Energy; Sustainable Waste Management; Access to Essential Services; Micro, Small and Medium Enterprises; Women's Empowerment and Socioeconomic Progress Second-Party Opinion (SPO) 2021
Project evaluation and selection process description
Nafin has a defined project evaluation and selection process with transparent eligibility criteria; 88% of personnel responsible have sustainability experience; process complies with best practices for monitoring socio-environmental risks Second-Party Opinion (SPO) 2025
Management of proceeds approach
Virtual resource segregation system implemented; best practice would include separate bank accounts for tagged proceeds Second-Party Opinion (SPO) 2025
Reporting commitments under framework
Annual consolidated reporting on allocation and impact of tagged emissions Second-Party Opinion (SPO) 2025
Exclusion criteria for ineligible projects or sectors
Nafin has defined an exclusion list focused on social aspects Second-Party Opinion (SPO) 2025
Refinanced vs. newly financed project distinction
Framework permits refinancing of existing debt; no maximum percentage of refinancing defined; SPO notes preference for new projects to increase positive socio-environmental impact Second-Party Opinion (SPO) 2025
Sustainable finance taxonomy used
Mexican taxonomy; EU taxonomy; UN Sustainable Development Goals Second-Party Opinion (SPO) 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainable Fitch; 2025 Second-Party Opinion (SPO) 2025
SPO preliminary evaluation or credibility rating
Framework is credible and impactful; Use of Proceeds rated Excellent; Project Selection rated Excellent; Fund Management rated Good; Reporting and Transparency rated Excellent Second-Party Opinion (SPO) 2025
SPO provider name and engagement period
Sustainable Fitch; 2025 Second-Party Opinion (SPO) 2025
Assurance provider name and engagement period
Sustainalytics; 2021 and 2015 Second-Party Opinion (SPO) 2021

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with ICMA Sustainability Bond Guidelines Second-Party Opinion (SPO) 2025
Alignment with UN Sustainable Development Goals
Aligned with UN Sustainable Development Goals (SDGs); Mexican taxonomy; EU taxonomy Second-Party Opinion (SPO) 2025
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with Sustainability Bond Guidelines 2021, Green Bond Principles 2021, and Social Bond Principles 2021 Second-Party Opinion (SPO) 2021
Alignment with EU Taxonomy for sustainable activities
Framework eligibility criteria are aligned with EU taxonomy Second-Party Opinion (SPO) 2025

Issuance Details

Years of green bond issuance history
Since 2015; documented frameworks in 2015, 2021, and 2025 Second-Party Opinion (SPO) 2015

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name
2015 Nacional Financiera Green Bond Framework
2021 Sustainable Bond Framework of Nacional Financiera S.N.C., I.B.D (NAFIN)
2025 Marco de Bonos Sostenibles (Sustainable Bonds Framework)
Bond types covered under framework
2015 Green Bond
2021 Green bonds, Social bonds, Sustainability bonds
2025 Sustainability bonds
Second Party Opinion provider name
2021 Sustainalytics
2025 Sustainable Fitch
Alignment with UN Sustainable Development Goals
2021 SDG 4, 5, 6, 7, 8, 11
2025 Aligned to UN SDGs
Project evaluation and selection process description
2021 Supervised by Deputy General Manager of Issuances and International Relations; final approval by Deputy General Manager of Finance, Corporate Banking and Finance
2025 Transparent eligibility criteria with environmental and social risk monitoring following best practices; 88% of personnel in charge have sustainability experience
Management of proceeds approach
2021 Resources to be allocated within 36 months of bond issuance; supervised by DGA of Issuances and International Relations in coordination with DGA of Finance
2025 Virtual segregation of earmarked resources; does not use separate bank accounts