Grupo Financiero Banorte SAB de CV

Common Name
Grupo Financiero Banorte
Country
Mexico
Sector
Financial Services
Industry
Banks - Regional
Employees
34,447
Ticker
GFNORTEO
Exchange
BOLSA MEXICANA DE VALORES
Description
Grupo Financiero Banorte S.A.B. de C.V. is a prominent financial institution in Mexico, providing a comprehensive range of banking services to individuals, corporations, and government entities. This ...

Grupo Financiero Banorte Waste Data Preview

In 2023, Grupo Financiero Banorte conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
0000000
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0000000
Total Hazardous Waste Generated
0000000
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0000000
Non-Hazardous Waste Disposed
0000000
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Grupo Financiero Banorte's Waste Treatment Practices

In 2023, Grupo Financiero Banorte generated a total of 1,614 metric tonnes of waste.

Of this amount, 70.51% of Grupo Financiero Banorte's total waste generated was recovered through methods such as recycling, reuse, or composting, while 29.43% was disposed of through landfilling, incineration, or combustion.

Grupo Financiero Banorte's Waste Recovery Rate

71%

How much of Grupo Financiero Banorte's waste is recycled or recovered?

In 2023, Grupo Financiero Banorte reported a total waste generation of 1,614 metric tonnes, of which 70.51% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Grupo Financiero Banorte is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Grupo Financiero Banorte reduced its environmental waste footprint over time?

Since 2021, Grupo Financiero Banorte's total waste generation decreased by 5.34%, yet rose by 123.24% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.

Over the same period, Grupo Financiero Banorte's waste recovery rate increased by 136.18%, including a 30.38% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.

Overall, Grupo Financiero Banorte has reduced its waste footprint over time and continues to strengthen its recovery efforts, despite a recent uptick in waste output. This may reflect short-term operational shifts rather than a long-term reversal.

Grupo Financiero Banorte’s Waste Recovery vs. Disposal Over Time

20212022202304509001.35 k1.8 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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